Transcend report October revenues decrease 11.3% sequentially to US$87 million, according to the memory module maker.

Transcend said it is now clearing out inventory to mitigate losses arising from DRAM price declines. The company noted that the downward trend in DRAM prices is likely to affect its operations in the fourth quarter.

Transcend revealed that shipments of its DRAM modules dropped 4.2% on month in October. Demand from the China market, which had finished its National Day holidays, turned weaker than expected, Transcend indicated.

However, Transcend said shipments of its NAND flash products grew 12.7% sequentially in October. Demand in the NAND flash market has picked up substantially, the company added.

Sales of Transcend's NAND flash products and DRAM modules accounted for 63% and 18.6%, respectively, of the company's overall October revenues. The remaining 18.4% came from sales of its strategic products such as digital photo frames and portable electronics devices.

By: DocMemory
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