DRAM maker boosts capex to NT$15.6 billionBy Lisa Wang / Staff reporterDRAM chipmaker Nanya Technology Corp’s (南亞科技) board of directors yesterday approved a proposal to boost capital expenditure for this year to NT$15.6 billion (US$551.12 million), mainly to fund the initial production of next-generation 10-nanometer (nm) class technology. The capital spending exceeded its original estimate of NT$15 billion and represented a sharp increase from last year’s NT$8.5 billion. Photo: Lisa Wang, Taipei TimesThe company mainly relies on 20nm process technology at present. Nanya Technology’s board also approved a proposed cash dividend of NT$1.299 per common share, with total payment estimated to reach NT$4 billion. The cash dividend proposal is subject to shareholders’ approval at its annual general meeting on May 27.

Source: Taipei Times February 26, 2021 15:56 UTC