DRAM chipmaker Nanya Technology has reported revenue of NT$22.64 billion (US$808.9 million) for the second quarter of 2021, the highest in 11 quarters.
Nanya posted June revenue of NT$7.64 billion, up 0.5% sequentially and 43.6% from the same period in 2020. Revenue totaled NT$40.37 billion for the first half of 2021, rising 30.6% on year.
Market watchers expect Nanya to see its gross margin rise above 40% in the second quarter, thanks to rising bit shipments and ASPs, with net profits set to jump on quarter.
The watchers also expressed optimism about Nanya's revenue and profit outlook for the rest of this year, citing a continued rally in DRAM prices.
Nanya is accelerating its 10nm-class process manufacturing advances. Nanya has moved its first-generation 10nm process, dubbed 1Anm, to production in small scale for 8Gb DDR4 chips, according to industry sources. The company plans to kick off risk production for DDR5 products in the second half of this year.
Nanya is also expected to move its second-generation 10nm process, dubbed 1Bnm, to risk production later in the third quarter of 2021, the sources said.
In addition, Nanya has unveiled plans to build an advanced wafer fab in New Taipei City, northern Taiwan. The fab is designed for the company's in-house developed 10nm-class and EUV-based process manufacturing.