Site icon Eye On Taiwan

Nanya revenue hits record high in June

ROBUST DEMAND: Replacement demand for entry-level smartphones in developing countries such as India is expected to spur memorychip demand, the company said

Taipei Times
Date: Jul 04, 2018
By: Lisa Wang  /  Staff reporter

DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday saw last month’s revenue climb to a record high as the company offered a bulked-up, more cost-effective 20-nanometer chip to satisfy robust customer demand.

The gain marked the third consecutive month that the chipmaker broke a company record, as it benefits from the longest boom period for the DRAM industry since the second half of 2016.

Revenue last month rose 3.12 percent to NT$8.59 billion (US$280.85 million), compared with NT$8.33 billion in May and NT$4.19 billion in June last year, bringing second-quarter revenue up 30.85 percent to NT$24.6 billion from NT$18.8 billion in the first quarter, a company statement said.

Planning to convert more chips from 30 nanometer to 20 nanometer technology and to sell more of the higher-priced DDR4 chips, Nanya Technology expects second-quarter shipments to grow at a quarterly rate of 15 percent from the first quarter.    [FULL  STORY]

Exit mobile version