DRAM maker Powerchip Semiconductor Corporation (PSC) has reported revenues of NT$5.93 billion (US$185.11 million) for January 2010, up 8% on month and marking its third month of profitability.
Company VP and spokesperson Eric Tang noted that PSC's capacity utilization has returned to normal, and output of its DDR3 products has risen significantly. January results reflect PSC's higher shipments and ASPs, despite seasonality. Tang said PSC holds a positive view about its first-quarter operations.
Tang was quoted in previous reports saying that DDR3 shipments would top 75% of the company's total in March.
PSC saw 2009 revenues drop 41% to NT$31.17 billion. It swung to net profits of NT$1.6 billion in the fourth quarter, but remained unprofitable for the whole year.
Market watchers have estimated PSC's revenues will double in 2010, as recovery of the DRAM market is likely to continue.