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Nanya report revenue down in July


Wednesday, August 3, 2011

Nanya Technology and Inotera Memories have both reported decreases in July 2011 revenues from the previous month.

Nanya registered NT$2.35 billion (US$81 million) in July revenues, down 24.6% from June. Revenues totaled NT$24.55 billion for the first seven months of 2011, slipping 29.7% from a year earlier.

Inotera's July revenues slid 9.4% sequentially to NT$2.98 billion, according to the company. Its 2011 sales through July reached NT$22.72 billion, down 12.4% from a year ago.

Nanya's share price edged down NT$0.12 to close at NT$6.28 on the Taiwan Stock Exchange today (August 3), whereas Inotera's closed at NT$7.64, up NT$0.09.

By: DocMemory
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