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Nanya Tech forecasts good year

INCHING FORWARD: The firm last year more than doubled its operating profit after upgrading to 20nm technology, and plans to repeat the success with 10nm research

Taipei Times
Date: Feb 27, 2018
By: Lisa Wang  /  Staff reporter

DRAM chipmaker Nanya Technology Corp (南亞科技) expects this year to again be lucrative, given vigorous server DRAM demand and cautious capacity expansion plans from the world’s major suppliers to curb oversupply risks, a company executive said yesterday.

A 35 percent year-on-year jump in DRAM prices last year helped boost Nanya Technology’s net profit to an all-time high of NT$40.29 billion (US$1.38 billion), including a disposal gain of NT$32.15 billion after the sale of its stake in Micron Technology Inc.

“There is a big chance that the company’s operating profit will be higher than last year,” Nanya Technology president Lee Pei-ing (李培瑛) told reporters at a media gathering.

“The industry’s uptrend only kicked off in the second half and is to extend into the whole of this year,” Lee said. “The strongest demand comes from servers and data centers.”
[FULL  STORY]

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