Powerchip Technology has reported net losses of NT$4.97 billion (US$171 million), or a net loss of NT$0.90 per share, for the first quarter of 2011.

Powerchip said first-quarter net losses reduced by a notable 40% versus losses in the fourth quarter of 2010, thanks to improving chip prices and the company's steady growth in the foundry business.

Powerchip began pilot runs of its 2Gb DDR3 using 40nm process technology at the end of 2010, the company revealed. With its second immersion lithography scanner being installed recently, Powerchip has been mass producing 40nm 2Gb chips with monthly output expected to top 30,000 12-inch wafers in April, the company indicated.

In addition, Powerchip noted that monthly output for contract manufacturing orders has exceeded 40,000 12-inch wafers. The company provides foundry services for non-DRAM products including LCD driver ICs, CMOS sensors, NOR chips and power management ICs.

Fellow DRAM companies Nanya Technology and Inotera Memories also posted net losses for the first quarter of 2011.

By: DocMemory
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