DRAM maker Powerchip Semiconductor Corporation (PSC) has reported revenues of NT$6.846 billion (US$215.58 million) for March 2010, an increase of 571.84% from a year earlier. Revenues for the first quarter amounted to NT$18.2 billion, a significant jump compared to NT$3.9 billion from the same period of 2009.
"DRAM spot market demand was strong resulting in higher prices in conjunction with increases in both capacity and yields," PSC spokesperson Eric Tang said in a statement. PSC continued to enjoy revenue growth and profitability in March.
Tang noted PSC has ramped up production of DDR3 significantly. The company has already placed immersion equipment orders for its planned technology transition to 45nm, according to Tang.
PSC's net profits for the first quarter are expected to at least double the prior quarter's NT$1.6 billion, thanks to higher chip prices as well as recognized gains from Rexchip Electronics, according to market watchers. The maker of computer-memory chips returned to profitability in the fourth quarter of 2009 after 10 straight quarterly losses.