Rexchip Electronics has reported a 25% sequential increase in revenues for December 2011.

Rexchip, the Taiwan-based production subsidiary of Elpida Memory, posted NT$1.7 billion (US$56.2 million) in December revenues. Revenues for all of 2011 amounted to NT$29.33 billion, showing a 38.7% decrease from a year earlier.

Rexchip at the end of November completed its shift to 30nm-class process technology, which allowed it to benefit immediately from a recent rally in chip spot prices and narrow losses.

Rexchip slipped to the red in the third quarter of 2011 after two straight quarters of profits, due to falling DRAM prices.

By: DocMemory
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