Nanya Tech, Inotera Q4 losses narrow
The China Post news staffTAIPEI, Taiwan -- Nanya Technology and Inotera, Taiwan's two leading memory chip manufacturers, yesterday reported narrowing fourth-quarter losses due to a rise in prices during the period.
January 24, 2013, 11:45 am TWN
For the October-December period, Nanya Technology and Inotera had net losses of NT$8.8 billion and NT$3.7 billion, or loss per share of NT$0.45 and NT$0.69, respectively.
During the third quarter last year, Nanya Technology had a loss of over NT$10 billion, which narrowed to NT$8.8 billion in the last quarter. Yet for the entire 2012, the company had a total loss of NT$35.95 billion, or loss per share of NT$1.84. The loss translated into a loss of about NT$3 billion each month and was the firm's third highest ever, after only 2011 and 2008.
Nanya Technology attributed the loss reduction in the fourth quarter to a rise in memory prices, and the same reason was given by Inotera, whose 30-nanometer capacity had exceeded 60,000. These factors combined to lower Inotera's fourth-quarter loss to below NT$4 billion.
For 2012, Inotera had total loss of NT$15.5 billion, or loss per share of NT$2.9.
Part of Inotera's capacity is reserved for making PC dynamic random access memory (PC DRAM) chips for Nanya Technology. Last week, Nanya Technology announced that the capacity will be transferred to Micron.
Nanya Technology's own PC DRAM capacity is now at the 30-nanometer level, and it will develop 20-nanometer capacity through technology transfer from Micron.