A rally in memory prices boosted revenue at chipmaker Nanya Technology and module company Adata Technology in May 2021.

Nanya has reported revenue increased about 37% on year and 2.8% sequentially to NT$7.6 billion (US$274.2 million) in May 2021. Revenue totaled NT$32.73 billion for the first five months of the year, rising 27.9% from the same period in 2020.

Nanya already saw its DRAM ASPs rise 15% sequentially in the first quarter of 2021, when the company posted a 192.7% on-quarter hike in net profits. The company expects to see its DRAM ASPs continue rising in the second quarter, with about flat growth in bit shipments.

Market watchers expect Nanya to enjoy a revenue surge of more than 20% sequentially in the second quarter, judging from the company's sales performance thus far in the quarter. The chipmaker is also set to generate gross margin and profit increases sequentially during the quarter.

Memory module house Adata Technology has announced revenue of NT$3.63 billion for May 2021, up 39.3% on year and 0.9% on month. The company's cumulative 2021 revenue through May climbed 37.1% from a year earlier to NT$16.33 billion.

Adata's revenue for April and May reached a combined NT$7.235 billion, nearly 80% of its revenue for all of the first quarter. The company is set to see its second-quarter revenue outperform the prior quarter's level.

In addition to rising memory prices, strong shipments of mid- to high-density SSDs buoyed Adata's sales performance since the second quarter. The company disclosed that its SSD sales hit another record-high NT$1.43 billion in May.

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