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Nanya revenue tumbles to lowest point in 28 months

STABILITY:Despite a decrease in revenue, chip prices were stabilizing, with an official at the firm saying that they might drop by less than 5 percent this quarter

Taipei Times
Date:  Jul 11, 2015
By: Lisa Wang  /  Staff reporter

Nanya Technology Corp (南亞科技), the nation’s biggest DRAM chipmaker, yesterday reported its revenue last month was its weakest in 28 months due to lower shipments on slack PC demand.

Revenue fell by 9.3 percent to NT$3.44 billion (US$110.2 million) last month from NT$3.8 billion in May, as shipments sank 9 percent. In the second quarter, revenue contracted by 7.32 percent to NT$11.15 billion from NT$12.03 billion in the first quarter.     [FULL  STORY]

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