Rexchip Electronics, the Taiwan-based production subsidiary of Japan's Elpida Memory, has reported revenues for January 2012 grew 35.1% sequentially and 7.4% from a year ago to NT$2.31 billion (US$78.2 million). The result made it the only Taiwan-based DRAM company that managed on-year revenue growth in the month to get off to a good start in 2012.
Rexchip is ahead of its domestic peers in transitioning to 30nm-class process technology, which has allowed it to benefit from recent recovery in DRAM prices. The company reportedly shifted its capacity - 80,000 12-inch wafers a month - to the newer node process around end-November, 2011.
Rexchip reported net losses for 2011, along with fellow Taiwan-based DRAM manufacturers. Losses in the second half of 2011 were larger than the earnings made in the first half, casuing the company to fall into the red from profits a year ago.