DRAM manufacturer Inotera Memories is expected to post revenue growth of 30% sequentially in the second quarter of 2013, thanks to rising shipments of chips built using 30nm process technology, as well as higher product ASPs, according to market observers.

Inotera has reported flat sequential growth in April revenues. However, revenues are set to see substantial increases in May and June, said the observers.

Micron Technology is buying chips from Inotera at prices which are market based, adjusted once a quarter, the observers indicated. Therefore, a portion of Inotera's revenues generated from its contract with Micron will not be recognized until May-June, the observers said.

Micron previously unveiled that it would purchase all of Inotera's manufacturing output starting 2013. The firm previously shared Inotera's capacity with Nanya Technology, which also holds a stake in Inotera.

Nanya has stepped up efforts to expand its presence in the market for specialty DRAM and other niche-market memory chips while reducing its exposure to the PC memory market.

In other news, Nanya returned to profitability in the first quarter of 2013, after 12 consecutive quarters of net losses, while Inotera's losses shrank significantly to less than NT$1 billion.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved