Powerchip Technology has reported revenues of NT$3.93 billion (US$136 million) for July 2011, down 5.8% on month and 54.3% on year.

For the first seven months of 2011, revenues totaled NT$27.14 billion, decreasing 46.9% from a year earlier, said the company.

However, Powerchip's third immersion scanner has already entered production, resulting in lower manufacturing costs, Tang stated.

Considering the impact of the industry's business cycle on makers, Powerchip is actively converting its product lines, lowering the ratio of generic DRAM production and completely supporting foundry customers' development of new products and pilot runs, Tang said.

The company still aims to convert up to 50% of the capacity of its 12-inch fab for foundry business before the end of 2011.

By: DocMemory
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