Updated Thursday, November 13, 2008 10:40 am TWN, Bloomberg

Nanya Technology to cut production 20% in 1Q

TAIPEI, Taiwan -- Nanya Technology Corp., Taiwan’s second-biggest computer-memory chipmaker, plans to cut production by 20 percent in the first quarter as the global economic slowdown reduces demand for computers.

“We will cut output to a similar level as we did in the current quarter,” Pai Pei-Lin, vice president of the Hsinchu- based chipmaker, said in a telephone interview yesterday.

Pai denied a statement by Dramexchange Technology Inc. that the company will stop production at one plant for a month in January.

Taipei-based Dramexchange, Asia’s biggest spot market for semiconductors, said in an e-mail today that the chipmaker will shut its so-called 12-inch factory, without saying where it got the information.

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