DRAM chipmaker Nanya Technology and Winbond Electronics, a maker of specialty DRAM and flash memory, both saw their July revenue decrease by 18.4% and nearly 4%, respectively, compared to the previous month, while revenue at mask ROM and flash chipmaker Macronix International grew 10.5%.
Nanya reported July revenue of NT$2.75 billion (US$84.5 million), a nine-month low but a 12.7% increase year-on-year. The DRAM maker's cumulative 2024 through July totaled NT$22.17 billion, rising 39.5% from a year earlier.
Nanya has a chance of breaking even in the third quarter, thanks to improving DDR4 chip inventories and fab utilization rates. The DRAM manufacturer expects the second half of this year to outperform the first. Nanya's gross margin improved to 2.9% in the second quarter of 2024 despite continuing to incur net losses.
Winbond posted a July revenue of NT$7.08 billion, up 12.2% year-on-year. Consolidated revenue for January through July 2024 totaled NT$48.69 billion, representing a 14.18% increase from the same period in 2023.
After three straight quarters of losses, Winbond swung to net profits of NT$1.72 billion in the second quarter of 2024. Winbond's operations should have reached their lowest point, as the core memory business is back to where it was in the third quarter of 2022. The chipmaker is also bullish about its DDR4 chip shipments in the second half of this year.
Macronix announced July revenue of NT$2.41 billion, a 10-month high. The chipmaker reported net losses improved to NT$286 million in the second quarter of 2024 when gross margin climbed 10.2pp sequentially to 30%.
Macronoix expects its NOR flash sales to return to a growth track in the second half of 2024, with a recovery in prices. The company is also gearing up for the launch of its 192-layer 3D NAND flash memory and 3D NOR flash chips.
