That there are fewer advertisements on Facebook and Google is reducing demand for servers and data centers, and therefore DRAM chips, he added. The company posted net profit of NT$3.21 billion (US$108.40 million) last quarter, up 66.5 percent from NT$1.93 billion in the first quarter, and a 17 percent increase from NT$2.75 billion in the same period last year. DRAM chips used in PCs and servers generated NT$16.49 billion of revenue last quarter, accounting for 25 percent of total revenue, up from 20 percent in the first quarter. Nanya said that it is aiming to increase the revenue contribution from DRAM chips used in servers to more than 10 percent by the end of this year, compared with 5 to 7 percent last quarter. Nanya is planning to almost triple its capital spending to NT$15.76 billion this year, up from NT$5.5 billion last year.

Source: Taipei Times July 10, 2020 15:56 UTC