Niche DRAM chipmaker Nanya Technology has announced revenues of NT$3.69 billion (US$122.54 million) for April, down 2.2% from the previous month and 23.2% from a year earlier.
Accumulated revenues for the first four months of 2014 totaled NT$15.38 billion, increasing 9.5% on year.
Nanya also reported net profit of NT$6.12 billion or NT$0.26 per share on revenues of NT$11.69 billion for the first quarter of 2014. First-quarter gross margin stood at 39.9%, a significant improvement from 17.8% a quarter earlier.
Nanya is optimistic about the prospects of the memory chip industry in 2014 and expects DRAM chip prices to remain strong in the third quarter of the year.
The company has also decided to hike its capex for 2014 from NT$3.05 billion to NT$6.69 billion, mainly for the purchases of immersion scanners for improving production cycles and removing production bottlenecks.