Nanya Technology and Inotera Memories both enjoyed revenue growth in March 2010, joining fellow Powerchip Semiconductor Corporation (PSC) that saw revenues increase 24% on month and 572% from a year earlier.

Nanya reported a sequential growth of 27% in revenues to NT$5.26 billion (US$165.73 million) for March, thanks to higher ASPs for DRAM chips on growing demand. The result represents a 137% jump compared to NT$2.22 billion posted in March 2009.

Nanya's revenues for January-March amounted to NT$14.12 million, a 129% rise from 2009. The company's financial results for the first quarter of 2010 will be unveiled at an investors conference on April 13.

Nanya spokesperson Pei-lin Pai said that tight DRAM supply is likely to continue propping up contract prices for DRAM chips in April. Pai also said the company's performance in the second quarter of 2010 will be less impacted by seasonal effects and expressed optimism about the second-half outlook for the chip used mainly in PCs and notebooks.

Inotera generated revenues of NT$4.14 billion in March, increasing 23% on month and 129% on year. Accumulated revenues for the first three months of 2010 totaled NT$11.52 billion, a 81% growth from a year ago.

By: DocMemory
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