Friday, July 9, 2010
Transcend Information and Power Quotient International (PQI) saw June revenues grow over 10% sequentially, reversing their on-month revenue drops in May and April.
Transcend has reported revenues of NT$2.36 billion (US$73.33 million) for June 2010, up 13.4% on month. Sales of its NAND flash products and DRAM modules accounted for 53.7% and 29.8%, respectively, of the June sales. The remaining 16.5% came from sales of its strategic products such as digital photo frames and portable electronics devices.
Transcend pointed out that it enjoyed a substantial rise in its DRAM-module shipments June generating sales of NT$703 million in June, compared to NT$588 million in May.
However, Transcend's June 2010 figure showed a 7.8% drop compared to a year ago. The company reported brisk sales of its flash-based memory cards and disks for June 2009, when sales grew 25.6% on month to NT$2.55 billion.
Transcend estimated revenues for July may grow from June levels, thanks to contributions from emerging markets. But the company expressed caution about the third quarter due to Europe's debt worries.
PQI has announced revenues for June 2010 soared 32% on month to NT$1.91 billion, mainly buoyed by a rebound in OEM orders for DRAM modules. The June sales also showed a significant growth compared to NT$1.49 billion registered in June 2009.
Of PQI's June revenues, DRAM modules accounted for more than 35% and NAND flash products made up the remainder.
In response to buying sentiment that has recently been clouded by macroeconomic conditions, PQI said demand is still expected to surface in the latter half of July. The company estimated revenues may grow 16-18% sequentially for the third quarter.
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