Memory module maker Adata Technology has announced that revenues for January 2011 slid 8.8% sequentially to NT$2.8 billion (US$97 million). Revenues were down 24.1% compared to the NT$3.69 billion posted a year earlier.
Sales of DRAM modules declined 12.95% sequentially to NT$944 million in January, while those of NAND flash and other non-DRAM products decreased 6.5% on month to NT$1.86 billion.
Adata saw non-DRAM module products account for 66.3% of the company's total revenues in January 2011, compared to less than 50% a year ago. The company noted that sales of its solid-state drives (SSD) and external hard drives have now contributed more than 10% of total revenues.
Adata also commented that DRAM and NAND flash chip prices are expected to recover later in the first half of 2011, and rising embedded memory demand for smartphones and tablet PCs will give a boost to NAND flash pricing.