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Nanya cuts bit shipment growth forecast for 4Q18 to negative
Source: DIGITIMES   Editor: Helan   Update Time :2018/12/5 16:46:14

DRAM maker Nanya Technology expects to post an around 15% sequential decrease in bit shipments for the fourth quarter, a downward revision from its previous estimate of flat growth.

Nanya reported consolidated revenues declined nearly 20% sequentially to NT$5.4 billion (US$175.6 million) in November, due to falling shipments and ASPs. The results were also the lowest levels in 13 months.

Nanya attributed its shipment and ASP decreases to mainly the impact of trade disputes between the US and China. The tariffs war between the two nations has had a negative effect on the electronics supply chain, while CPU shortages continue to disrupt the shipment schedules of its system customers, Nanya continued.

Nanya disclosed its DRAM bit shipments dropped about 15% sequentially in November alone, while ASPs fell 1-3% on month. The negative performance prompted the company to revise downward its outlook for the current fourth quarter.

Nanya also cut its bit shipment growth forecast for all of 2018 to 40% from the previously-estimated 48%.

 

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