DRAM manufacturer Rexchip Electronics has announced revenues of NT$3.29 billion (US$114.5 million) for May 2011, down 6.9% on month and 28.2% on year. Cumulative revenues through May amounted to NT$15.72 billion, slipping 26.5% from a year ago.
Rexchip said it is accelerating the shift to 30nm-class process production in order to further lower costs. The company added that its smooth shift to 40nm-class process technology allowed it to remain profitable in the most recent quarter.
Rexchip successfully converted all of its chip production to a 45nm process at the end of 2010. The company reiterated that it will start producing chips using 30nm-class processes in July, and expects to complete another technology transition at the end of 2011.
In addition, Rexchip is gearing up for production of relatively high-ASP products for server applications. Company president Stephen Chen was quoted as saying in previous reports that Rexchip is set to enter volume production of 4Gb DRAM chips for servers in July, and expects the segment to account for 30% of its total output by the end of the year.
Japan-based Elpida Memory currently holds an about 70% stake in Rexchip.