Nanya reports biggest loss in a yearWAITING FOR AI: Nanya Technology attributed losses to costs for idle manufacturing equipment, but said it has seen signs that the slump is nearing its bottom Nanya Technology Corp (南亞科技) yesterday reported its biggest quarterly loss in about a year, but the DRAM chipmaker said it has seen nascent signs indicating that the slump is close to bottoming out as rising demand is propping up chip prices. Nanya Technology expects an improvement in demand for advanced DDR5 memory chips driven by growing demand for artificial-intelligence (AI) computing for enterprise cloud centers. The company expects to see a rebound in smartphone sales in China this quarter and better PC demand following the launch of new chips by Intel Corp, it said. Strong demand for Huawei Technologies Co’s (華為)By Lisa Wang

Source: Taipei Times October 13, 2023 23:25 UTC