Powerchip Technology has announced revenues of NT$2.46 billion (US$83.9 million) for September 2012, down 6.5% sequentially and hitting a 5-month low. The firm attributed the on-month decrease to DRAM price falls.

Growth in PC shipments were slow causing prices for commodity DRAM chips to fall further, said Eric Tang, spokesperson for Powerchip.

Powerchip's foundry business has performed relatively strongly with clear order visibility seen through the end of 2012, Tang indicated. Customers continue to demand the company's foundry capacity for smartphone and other mobile device applications, Tang said.

Tang noted the DRAM market outlook for the rest of 2012 remains uncertain. Prices for the memory already registered significant falls in the third quarter, Tang added.

The profits and cash flow generated from Powerchip's foundry division will help mitigate the losses coming from the company's DRAM business during the final quarter of 2012, Tang said.