Nanya Technology has announced consolidated revenues of NT$4.14 billion (US$138.2 million) for July 2013, down 6.6% on month and hitting the lowest monthly level in four months.

Nanya attributed the sequential revenue drop to fewer chips shipped from Inotera Memories, a joint venture between Nanya and US memory chipmaker Micron Technology. However, product ASPs were supported by stable contract prices, rising by about 2% from June levels, the firm said.

Despite the on-month decrease, Nanya's sales for July 2013 represent a 50.5% increase from a year ago. Consolidated revenues for the first seven months of 2013 amounted to NT$27.22 billion, rising 23.6% on year.

Nanya disclosed previously that the company would gradually reduce its shipments of commodity DRAM chips rolled out from Inotera until December 2013, in a move to accelerate its migration to the niche memory market.

Nanya's bit shipments are expected to decline by 15% sequentially in the third quarter as the company continues to reduce the delivery of DRAM chips it takes from Inotera, according to the company.

By: DocMemory
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