NO DISRUPTIONS: Nanya Technology said it has no production lines in China, so a viral outbreak there has had no effects on its product shipments and operations
Date: Feb 05, 2020
By: Lisa Wang / Staff Reporter
DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday said that revenue last month roseto the highest in three months on the back of rising chip prices and shipments.
A coronavirus outbreak in China would not disrupt its growth momentum this quarter, Nanya Technology said, adding that it intends to keep its business outlook unchanged for this quarter.
Revenue is expected to grow by a single-digit percentage point this quarter from last quarter, the chipmaker told investors last month.
For the remainder of this year, revenue would grow quarter by quarter as chip demand is expected to outpace supply, it said.
Consolidated revenue grew 3.92 percent to NT$4.5 billion (US$148.97 million) last month, compared with NT$4.33 billion in December last year.. [FULL STORY]