Nanya Technology expects its revenues to register double-digit sequential growth with higher profits in the fourth quarter, while fellow DRAM company Inotera Memories is set to see its sales and profits hit another record-high levels in the last quarter of 2013.
Nanya indicated that rising DRAM ASPs along with the company's improved product mix will further enhance its operations. Nanya also expressed optimism that DRAM prices will continue their growth momentum through the first quarter of 2014.
Nanya swung to net profits of NT$1.98 billion (US$67.4 million) in the third quarter of 2013 from losses of NT$10.09 billion a year ago, while revenues soared 74.8% on year to NT$11.46 billion.
Inotera has reported record revenues and net profits of NT$16.94 billion and NT$7.29 billion, respectively, for the third quarter of 2013. Gross margin for the quarter climbed to 45%, buoyed by growth in 30nm chip production, rising ASPs as well as a more favorable product mix.
Inotera indicated that its revenue and profit performance in the fourth quarter should be better than the prior quarter's, thanks to rising sales of high value-added products, rising product ASPs and continued bit shipment growth.
Inotera also noted that the majority of its 12-inch fab capacity estimated at about 120,000 units monthly has transitioned to 30nm process technology. The company is looking to initiate production of 20nm chips in 2014.
Market watchers expect Inotera to enjoy another record quarterly revenues and profits in the fourth quarter of 2013, and likely ramp up its gross margin to 50% in the quarter.
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