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Powerchip and Nanya report revenue increase


Thursday, March 3, 2011

Powerchip Technology and Nanya Technology have reported sequential growth in revenues for February 2011, while fellow DRAM maker Inotera Memories posted a drop in revenue.

Powerchip's February revenues grew 3.2% sequentially to NT$3.51 billion (US$119 million), ending a five-month streak of on-month drops. Sales were buoyed by improved ASPs for DRAM and foundry services despite fewer working days in the month, company VP and spokesperson Eric Tang said.

Tang also indicated that Powerchip's ongoing transition to 40nm-class process technology is smooth, and production for 2Gb DRAM chips is being ramped up substantially. Process upgrade, as well as an appropriate product mix, will bring positive contributions to the company's first-quarter financial performance, Tang claimed.

Nanya saw revenues increase to NT$3.55 billion in February, up about 3.2% from NT$3.44 billion in January. Higher ASPs offset a seasonal shipment decrease in the month.

Differing from Powerchip, Nanya focuses more on promoting its own-brand DRAM products in the contract market.

Inotera Memories, however, reported a 15.1% decline in February revenues to NT$2.74 billion, from NT$3.22 billion in January.

Inotera is a DRAM-manufacturing joint venture between Nanya and US-based Micron Technology. Previous reports cited industry sources as indicating that Inotera had yield difficulties in back-end processes with 20,000-30,000 12-inch wafers affected, but the company clarified immediately that the yield issue had been corrected and would not affect shipments to clients.

Inotera completed its 50nm process technology transition in December 2010. It plans to volume produce 42nm chips in the first quarter of 2011, and expects to shift the majority of its total wafer starts to the node by the middle of the year.

Powerchip, Nanya and Inotera all reported on-year decreases in revenues for February 2011 of 36.3%, 14.2% and 18.6%, respectively

By: DocMemory
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