Memory module firm Adata Technology has reported a sequential rise in February revenues of 15.8%. Sales of non-DRAM modules accounted for 55.7% of company revenues in the month.
Adata announced revenues of NT$2.45 billion (US$82.9 million) for February 2012, up 18.9% on year. Revenues for the first two months of the year totaled NT$4.56 billion, slipping 6.2% from a year ago.
Adata indicated that sales generated from its NAND flash and other non-DRAM product segments now contribute more than half of company revenues, thanks to strong sales of SSDs and external HDDs. In February, sales generated from the SSD and external HDD lines combined for nearly 20% of company revenues, Adata said.
In addition, Adata and Elpida Memory have reached a consensus with regard to the advance payments made, Adata noted, adding that the bankruptcy filing of Elpida should not have any impact on Adata's future operation and financial condition.
Adata also disclosed that the company has agreed to pay Rexchip Electronics, Elpida's production subsidiary in Taiwan, in advance for DRAM chips, and will remain committed to supporting Rexchip. In the meantime, Adata is sticking to its source diversification strategy enabling it to look for alternatives if necessary, the module firm said.
Adata added it has piled up a more than one month worth inventory to ensure shipments arrive on time.
Transcend Information also claimed company performance will not be negatively affected by Elpida's bankruptcy filing. The memory module firm indicated it has multiple sources for chips and therefore sees no supply disruptions.
With more emphasis on NAND flash related products, Transcend also has no significant concerns about whether the global supply of DRAM chips will be shrinking, the company said. |