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Adata revenue spikes 30% on demand

DRAM STABILITY: Adata is confident the market will remain strong this quarter, while TrendForce expects mainstream contract prices to fall in the fourth quarter

Taipei Times
Date: Sep 05, 2018
By: Lisa Wang  /  Staff reporter

Memory module supplier Adata Technology Co’s (威剛科技) revenue last month soared nearly 30 percent to a five-year high, thanks to robust demand for DRAM modules, the company said yesterday.

It said it remains optimistic about the DRAM market in the current quarter in light of stable supply and demand.

“With resilient customer demand and stable supply, DRAM products will continue to outperform other products in terms of revenue and help drive growth in the second half,” Adata said in a statement.

Demand for NAND flash memory products — another major revenue source for Adata — is rebounding as falling prices stimulate demand for solid-state drive storage, but price competition is to remain fierce in the short term, the company said.    [FULL  STORY]

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