Nanya posts best profit in three quarters - News Summed Up

Nanya posts best profit in three quarters


Nanya posts best profit in three quartersSUPPLY CONSTRAINTS: The firm is close to finalizing contract negotiations for the second quarter, its president said, adding that prices would rise month by monthBy Lisa Wang / Staff reporterDRAM chipmaker Nanya Technology Corp (南亞科技) yesterday posted its best quarterly profit in three quarters as work-from-home and remote schooling trends helped improve demand for Chromebooks and other consumer electronics. Nanya Technology Corp president Lee Pei-ing is pictured after a news conference at the company’s headquarters in New Taipei City’s Taishan District yesterday. Photo: Grace Hung, Taipei Times“We are close to finalizing contract negotiations for the second quarter,” Nanya president Lee Pei-ing (李培瑛) told a media briefing. That boosted DDR3 DRAM prices, he said. Nanya said that it plans NT$15.6 billion in capital expenditure this year, mostly to develop 10-nanometer-class technology.


Source: Taipei Times April 09, 2021 15:56 UTC



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