While already hinting that it would suffer sharp losses in the first quarter, ProMOS Technologies officially announced that its losses totaled NT$518 million last quarter, a net loss per share of NT$0.11. However, the company anticipates its cost structure will improve this quarter on a growing proportion of DDR2 and 90nm production.

ProMOS indicated its first quarter revenues of NT$7.91 billion were down 4.6% from the same period last year. However, the DRAM maker’s sales grew 12% sequentially, as bit shipment growth at its second 12-inch fab contributed to the rebound.

ProMOS expects to continue increasing output on ramping DDR2 capacity and a continued migration to 90nm production. The company reported that its wafer starts on 90nm node at Fab 3 exceeded 20,000 wafers in April with yields reaching 90%.

Increased 90nm production as well as an increased proportion of DDR2 production at its first 12-inch fab (Fab 3) will reduce ProMOS’ costs this quarter, the company stated.

Among the four major Taiwan DRAM makers – Inotera Memories, Nanya Technology, ProMOS and Powerchip Semiconductor Corporation (PSC) – only ProMOS reported losses in the first quarter.

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