Rexchip Electronics has reported a 25% sequential increase in revenues for December 2011, while fellow DRAM companies Nanya Technology and Inotera Memories saw their sales decrease on month.
Rexchip, the Taiwan-based production subsidiary of Elpida Memory, posted NT$1.7 billion (US$56.2 million) in December revenues. Revenues for all of 2011 amounted to NT$29.33 billion, showing a 38.7% decrease from a year earlier.
Rexchip at the end of November completed its shift to 30nm-class process technology, which allowed it to benefit immediately from a recent rally in chip spot prices and narrow losses. spot quotes for 2Gb DDR3 memory have rebounded to approach US$1.
Rexchip slipped to the red in the third quarter of 2011 after two straight quarters of profits, due to falling DRAM prices.
Nanya collected NT$2.01 billion in revenues in December 2011, down 17% on month and 50% on year. Revenues for the entire year totaled NT$36.7 billion, dropping 35% from 2010 levels.
Nanya focuses more on promoting its own-brand products in the contract market. Company spokesperson Pei-Lin Pai was quoted as saying in a recent report that contract prices now have little room to drop further.
Inotera, Nanya's DRAM-manufacturing joint venture with Micron Technology, announced revenues for December 2011 slid 3% sequentially and 10% on year to NT$2.81 billion. Inotera generated NT$37.39 billion in 2011 revenues, down 9.8%.
Both Nanya and Inotera saw their net losses widen sequentially and on year in the third quarter of 2011, affected by lower chip prices. The pair is scheduled to unveil their financial results for the fourth quarter on January 18. |