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Nanya, Inotera June revenues down over 10% on-month

Jessie Shen, DIGITIMES, Taipei
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Both DRAM makers Nanya Technology and Inotera Memories have reported revenues for June 2011. Nanya's revenues dropped 20.6% to NT$3.11 billion (US$109 million) from the previous month while Inotera's fell 10.4% to NT$3.29 billion over the same period.

Nanya's June revenues showed a 40.5% decrease compared to the same period of 2010, when it generated NT$5.23 billion. Year-to-date sales totaled NT$22.2 billion, representing a 25.6% on-year decline, according to the company.

Despite the on-month drop, Inotera's June revenues were 6.5% higher than the NT$3.09 billion posted in June 2010. The company's cumulative 2011 revenues through June amounted to NT$19.74 billion, down 13.3% from a year ago.

Inotera is Nanya's joint venture with Micron Technology.