Nanya's previously planned to raise funds in early 2015, but postponed it due to unfavorable market conditions. DRAM prices have been on a decline dragging down the worldwide output in value in 2015. Nanya will move to speed up its transition to a "die-shrink" 30nm node technology, Lee indicated. Nanya has converted 40% of the company's total wafer start capacity to the process, and the proportion will exceed 50% in the fourth quarter, Lee said.
Lee noted that PC DRAM prices remain under downward pressure in the fourth quarter of 2015, but end-market demand is picking up. Nevertheless, customers are still engaged in inventory adjustments, Lee said. Nanya and other DRAM makers originally gave a general optimistic outlook about 2015, but actual market conditions have been a disappointment, Lee said.
Nanya raising capital to upgrade its fabs for 20nm DRAM production
Posted on Tuesday, Oct 13 2015 @ 13:45 CEST by Thomas De Maesschalck