DRAM maker Nanya Technology has reported net profits of NT$28.24 billion (US$908 million) for 2014, with EPS for the year coming to NT$11.77.

Nanya posted net profits of NT$8.57 billion in the fourth quarter of 2014, hitting a quarterly record. EPS for the three-month period stood at NT$3.56.

Nevertheless, Nanya's consolidated revenues slid 5.2% sequentially to NT$12.41 billion in the fourth quarter of 2014, due to a shipment decrease of 2.8% and a 4.8% fall in DRAM ASPs.

Consolidated sales at Nanya grew 8.6% on year to NT$49.11 billion in 2014, thanks to a 16.4% rise in DRAM ASPs that offset an 8.6% shipment decline.

Nanya's profits for 2014 also came from non-operating income including a gain of about NT$13.29 billion from Inotera, which has reported record profits for the year.

Strong profit results were able to boost Nanya's net value per share to NT$17.17 as of December 31, 2014, the company disclosed.

As of December 31, 2014, accumulated earnings came to NT$ 10,779 million, accumulated equity attributable to Nanya Technology shareholders was NT$ 41,563 million, and book value per share was NT$ 17.17. All numbers are unaudited. The stock trading resumed to margin trading on November 19, 2014.

Looking forward, Nanya expects its bit shipment growth for 2015 to be about 15%, buoyed by rising output built using a "die-shrink" 30nm process. More than 50% of Nanya's production capacity will switch to the node technology in the second half of 2014, according to the company.

In addition, Nanya expects the global DRAM supply will continue to be short of demand in 2015. DRAM bit demand growth for 2015 is forecast to be 27%, slightly higher than the bit supply growth of 25%, the company said.

The availability of Apple's next-generation iPhone that will feature 2GB of RAM, a higher penetration rate for Ultra HD TVs, and the impact of Microsoft's Windows 10 on the PC market will be key factors to affect the supply and demand of DRAM memory, commented Pei-Ing Lee, senior VP of Nanya.