COMMIT TO MEMORY: While buying sentiment is waning, memorychip demand is not, and memory content is increasing for smartphones and other electronics, Nanya said
Taipei Times
Date: Oct 17, 2018
By: Lisa Wang / Staff reporter
Nanya Technology Corp (南亞科技) yesterday said it plans to pare down capital spending by 12.5 percent for this year as an ongoing US-China trade dispute and supply constraints of PC processors from Intel Corp dampen demand.
The DRAM chipmaker said it plans to invest NT$21 billion (US$679.17 million) in new manufacturing equipment this year compared with its previous estimate of NT$24 billion to slow capacity expansion over demand concerns.
The budget reduction would not affect the firm’s output growth forecast of 48 percent for this year, it said.
“International circumstances are becoming crucial now, given US-China trade tensions, tariff increases and a scarcity of processor supply,” Nanya Technology president Lee Pei-ing (李培瑛) told a media briefing. “DRAM demand [outlook] is relatively conservative in the fourth quarter compared with the first half of the year.” [FULL STORY]