Inotera Memories Incfs (‰Ø˜±‰È‹Z) revenue fell 1.3 percent to NT$6.87 billion (US$229 million) last month, compared with revenue of NT$6.96 billion in June, the company said yesterday.

The figure represented annual growth of 27.25 percent from NT$5.4 billion registered in July last year. In the first seven months of this year, revenue surged 81.29 percent to NT$48.54 billion, compared with NT$26.78 billion in the same period of last year.

Inotera is a DRAM joint venture between Micron Technology Inc and Nanya Technology Corp (“옱‰È‹Z).

The company said last week that chip prices were likely to rise by 5 percent to 10 percent sequentially this quarter.

It said it would keep output unchanged by reactivating an idled factory to make up capacity loss during its technology transition period.

Inoterafs board yesterday approved new capital spending of NT$10.8 billion to finance the conversion of 30-nanometer (nm) process technology into advanced 20nm technology, according to a company statement submitted to the Taiwan Stock Exchange.

The company said it would stick to its original expenditure budget of NT$22 billion this year, as it is scheduled to start volume production using 20nm technology only at the end of this year after a pilot run in June.

Separately, Nanya Technology yesterday posted the best monthly revenue in nine months for last month due to a sequential increase of 6.9 percent in shipments.

Revenue rose 7.8 percent to NT$4.39 billion last month, from NT$4.07 billion in June.

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By: DocMemory
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