Nanya Technology expects DRAM price falls to slow starting the second quarter of 2019, as the overall market demand will pick up.

The DRAM market will become more favorable to Nanya and other chip providers in the third quarter, said the Taiwan-based company, adding that the second half would show better market conditions than the first half.

Nanya saw its revenues climb 54% on year to a record high of NT$84.72 billion (US$2.75 billion) in 2018, with gross margin and operating margin also hitting record-high levels of 55% and 46.5%, respectively. The company credited its positive performance to favorable market conditions, its manufacturing technology upgrades and bit shipment growth.

Nanya's board of directors has decided to distribute a cash dividend of between NT$7.09 and NT$7.15 for 2018, when the DRAM firm generated net profits of NT$39.36 billion or NT$12.80 per share.