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To: Proud_Infidel who wrote (52425)	9/18/2001 11:27:37 AM
From: Proud_Infidel	Respond to of 70976

Nanya Technology Expects August Revenue Rebound September 18, 2001 (TAIPEI) -- Nanya Technology Corp., a maker of DRAM chips, expects August sales to grow thanks to strong shipments of double data rate DRAMs and 256Mb synchronous DRAMs, even though the price of 128Mb SDRAM chips is still slumping. Nanya expects to post August revenues of between NT$850 million and NT$900 million, possibly making it Taiwan's only DRAM maker to register revenue growth in August. Nanya's vice president Charles Kao predicts that Intel Corp. will roll out a DDR core logic chipset following Via Technologies Inc., Silicon Integrated Systems Corp. and Acer Laboratories Inc., further pushing up demand for DDR memory chips. Nanya became Taiwan's first chipmaker to introduce DDR memory chips in March this year. Although the roll-out was not as successful as expected, the company has nevertheless made its name in the market. The company says its DDR shipments in August rose as the result of Intel's double promotional efforts on Pentium 4 microprocessors and Microsoft's scheduled October roll-out of its Windows XP operating system. Kao notes that his company cut 128Mb DDR DRAM shipments to about 1.8 million chips in August from an originally planned 2 million chips, because it anticipated DDR chip prices would pick up this month. The Nanya vice president noted that the company sold its 128Mb DDR DRAMs at around US$1.9 a chip, and its 256Mb SDRAM and 256Mb DDR wares at around US$3.5 a chip, last month. As a result, although its 128Mb SDRAM prices have dropped to US$1.35 from a previous US$1.8, its earnings from 256Mb products and 128Mb DDR chips will be able to make up for the loss from 128Mb SDRAM sales. The company emphasizes that its sales began to bottom out in June, and estimates that shipments of 128Mb DDR DRAMs will grow significantly this month to more than 3.5 million chips, which are projected to account for 20 percent of the company's total DRAM output. Separately, the company announced Sept. 13 that it would delay an NT$8 billion overseas share issue planned for November due to market turmoil after the major terrorist attacks in New York and Washington. The postponement may delay the completion of a manufacturing plant using 12-inch silicon wafers, a company official admitted. He said the company's board would meet to determine a new date for the planned issuance of 400 million global depositary receipts. The official said that construction of the planned 12-inch microchip plant would begin in March 2002 as scheduled, but Nanya does not plan to start placing orders for equipment until demand for DRAMs shows clearer signs of improvement. (Commercial Times, Taiwan)