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Transcend report 15% decline in October revenues


Wednesday, November 9, 2011

Transcend Information has reported a 15% sequential decline in October revenues, citing the impact of the economic slowdown in Europe and the US.

The short supply of hard disk drives, arising from the impact of flooding in Thailand, has resulted in demand for DRAM products slipping and price falling, Transcend indicated. The company added it is committed to keeping inventory at manageable levels.

Meanwhile, affected by uncertainties surrounding Europe and the US economies, sales of its flash products have been disappointing since October despite the period being the start of the traditional fourth-quarter peak season, Transcend pointed out.

Transcend announced revenues of NT$2.38 billion (US$78.7 million) for October 2011, of which 65.4% came from NAND flash products, 12.2% from DRAM modules and 22.4% from strategic product lines.

In other news, memory controller IC supplier Phison Electronics has posted revenues of NT$3.13 billion for October, up 13.4% on month and hitting the highest monthly level since March. Specializing in controllers for NAND flash memory integrated into products such as USB flash drives and memory cards, Phison has stepped into making products for SSDs and embedded solutions

By: DocMemory
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