Elpida said its group operating profit likely came to ¥10 billion ($87 million) for April-September, down from ¥26.2 billion in the same period last year.

The Japanese firm's preliminary first-half profit figure is roughly in line with market estimates. Elpida warned that it was possible the PC-use DRAM price would stay low in the second half, and said it would aim to boost productivity while expanding sales of DRAM for mobile devices and digital electronics.