Powerchip Semiconductor Corporation (PSC), Taiwan's second-largest DRAM maker last year in terms of revenues, has posted its fourth straight monthly profit in February 2010, with revenues increasing on year for the fifth consecutive month.

PSC reported revenues of NT$5.52 billion (US$172.22 million) for February, up significantly compared to NT$1.3 billion one year ago. On a sequential basis, February sales slid 7% from the prior month's level mainly due to fewer working days, according to the memory maker.

PSC said it swung to monthly profits in November 2009, and has remained profitable since. The company also noted it is actively expanding output of its DDR3 chips. Shipment share of DDR3 will lift significantly starting in March, helping sustain its long-term profitability, it added.

PSC expects to see profits for the first quarter of 2010 grow sequentially, according to company chairman Frank Huang. The DRAM producer swung to net profits of NT$1.6 billion in the fourth quarter of 2009 after 10 consecutive quarterly losses.

PSC is looking to ramp chip production using Elpida Memory's 65nm XS extra-shrink process technology in 2010, and aims to migrate directly to 40nm-class production as soon as possible, according to the company.

By: DocMemory
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