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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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To: Gottfried who wrote (1417)7/9/2002 12:47:40 PM
From: Proud_Infidel  Read Replies (1) of 25522
 
Taiwan's memory makers report mixed results
Semiconductor Business News
(07/09/02 12:33 p.m. EST)

TAIPEI, Taiwan -- While Taiwan's silicon foundry providers reported improved financial results for the month of June, the island's memory makers painted a mixed picture in the marketplace.

Nanya Technology Corp., one of the Taiwan's largest DRAM makers, posted an unaudited pretax loss of $35.3 million (NT$1.18 billion) in the second quarter of 2002, according to the Dow Jones news service. The loss is a sharp reversal from a pretax profit of $36.2 million (NT$1.21 billion) in the first quarter, the report said.




The company did not report its sales for the quarter, however. Taoyuan-based Nanya did say its revenue in June more than doubled to $50.6 million (NT$1.69 billion) from $18.2 million (NT$611 million) a year ago.

Another local DRAM maker, Winbond Electronics Corp., said its sales grew 42% in June to $71.7 million (NT$2.40 billion) from $50.9 million (NT$1.70 billion) a year previously. Revenue for June showed slight growth when compared to last month's revenue of $66.8 million (NT $2.23 billion).

The main cause for the increase was the recent stabilization DRAM pricing, according to Hsinchu-based Winbond. The company did not report its earnings.

Today, Taiwan's two major silicon foundry vendors reported minor improvements in terms of their monthly sales figures for June, but analysts believe the companies are heading towards a slowdown (see today's story ).
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