NEXT GENERATION: The firm plans to start pilot production of its first 10-nanometer 8-gigabyte low-power DDR4 and high-density DDR5 chips in the second half of the year

Taipei Times
Date: Jan 11, 2020
By: Lisa Wang  /  Staff reporter

DRAM chipmaker Nanya Technology Co (南亞科技) yesterday posted its weakest net quarterly profit in three-and-a-half years as prices dipped on excess inventory and sluggish demand.

Net profit for last quarter fell almost 84 percent to NT$1.28 billion (US$42.64 million) from NT$7.95 billion a year earlier, or earnings per share of NT$0.42 from NT$2.57.

While shipments last quarter grew more than 45 percent from a year earlier, prices plummeted more than 45 percent, Nanya said.

On a quarterly basis, net profit tumbled 42 percent from NT$2.21 billion.    [FULL  STORY]