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Adata November sales down 3.6%


Friday, December 7, 2012

Memory module maker Adata Technology has announced that revenues for November 2012 decreased 3.6% sequentially and 20.2% from a year ago to NT$2.19 billion (US$75.3 million).

Sales of DRAM modules accounted for 45.6% of Adata's overall revenues in November, compared to 28.52% in October, while the sales ratio for NAND flash and other non-DRAM module devices slipped to 54.4% from 71.48%, the company said.

Adata indicated that DRAM prices at both the spot and contract markets stopped falling recently. Despite the price stabilization, overall end-market demand for DRAM has not seen a seasonal pickup, Adata said.

However, gains in inventory value resulting from more stable chip pricing are expected to make a positive contribution to Adata's profitability in the fourth quarter of 2012, the firm noted.

Adata's cumulative 2012 revenues through November totaled NT$25.46 billion, down 6.2% on year. The firm's sales ratio between DRAM modules and other products was 40:60 during the 11-month period.

By: Docmemory
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