ProMOS Technologies trading has been suspended on Taiwan's over-the-counter (OTC) securities market starting today (September 6) after failing to submit its financial results for the first half of 2011.

Meanwhile, shares of fellow DRAM companies Nanya Technology and Powerchip Technology have been downgraded by the stock exchange to requiring full-cash delivery as their first-half net value per share failed to meet the required NT$5 (US$0.17) mark.

Speculation has circulated that Nanya internally is evaluating the possibility of carrying out another capital reduction to help shore up its net worth per share. Its previous capital cut was implemented in mid-2009.

Nanya, however, has responded by saying that the company currently has no plans to downsize its capital.

By: DocMemory
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