Nanya Technology and Inotera Memories both saw September revenue increases driven by rising DRAM prices.

Nanya has reported consolidated revenues of NT$3.805 billion (US$129.5 million) for September 2013, up 8.3% sequentially and a solid 88.9% from a year ago, while Inotera's September sales grew 7.3% on month and jumped 113.5% on year to NT$5.98 billion.

Nanya accumulated NT$34.54 billion in consolidated revenues from January through September, a 31.2% increase from the same period of 2012, while Inotera's sales for the first nine months of 2013 rose about 46% from a year earlier to NT$38.3 billion.

A September 4 fire at SK Hynix' memory fab in Wuxi, China has caused tight DRAM supply and pushed up the memory prices substantially. DRAM spot prices have soared almost 40%, while contract prices are set to edge higher in October after making double-digit gains.

In other news, market observers predict that Inotera will enjoy more significant growth in fourth-quarter revenues, as the maker sells its chips at market-based prices. Inotera's sales climbed to a record NT$16.94 billion in the third quarter of 2013.

Nanya and Inotera are scheduled to discuss their third-quarter 2013 results at an upcoming investors meeting on October 23.

By: DocMemory
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