Nanya Technology and Inotera Memories both saw their net losses widen sequentially and on year in the third quarter of 2011, affected by falling DRAM prices.
Nanya has reported net losses of NT$11.96 billion (US$398 million) on revenues of NT$7.32 billion for the third quarter. Losses expanded from losses of NT$7.9 billion in the second quarter and NT$2.27 billion in third-quarter 2010, while revenues declined 36% on quarter and 51% on year.
Nanya disclosed that sales were down 7% sequentially in the July-September period, while ASP fell by a larger 32% at the same time.
Nanya generated operating losses of NT$9.82 billion in the third quarter of 2011, compared to losses of NT$6.49 billion in the prior quarter and losses of NT$1.37 billion a year earlier.
Inotera posted net losses of NT$7.02 billion on revenues of NT$8.94 billion for the third quarter of 2011. Operating losses registered for the quarter were NT$6.92 billion.
Inotera said that third-quarter sales decreased by 12% on quarter due to a 21% drop in average sales per wafer, despite 12% growth in wafer shipments. The lower sales were caused by a steep decline in its customers' product ASPs, Inotera indicated.
Inotera is a DRAM-manufacturing joint venture between Nanya and US-based Micron Technology.