Thursday, April 7, 2011
Adata Technology has registered NT$3.14 billion (US$108 million) in March 2011 revenues, up 52.6% on month.
Adata's cumulative 2011 revenues through March amounted to NT$8 billion, down 7.3% sequentially and 31.8% on year.
Adata credited the rebound in March sales to chip price increases. Prices are expected to continue their upward trend in April amid anticipation of reduced supply due to disrupted deliveries of key raw materials from Japan, Adata said.
Before the recent disaster in Japan, prices for DRAM and NAND chips were expected to come under downward pressure in the second quarter, Adata indicated. The environment of price stability benefits company growth, the firm added.
Adata also noted that it has more than one month worth of chip inventory, sufficient enough to satisfy demand related to China's Labor Day holidays in early May.
Adata saw sales of its NAND flash and other non-DRAM products account for 64.8% of company revenues in the first quarter, compared to 58% in the fourth quarter of 2010. The company lowered the DRAM-module portion of its revenues to only 35% in the first quarter.
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