The global supply of DRAM will stay tight through the first quarter of 2014, due to SK Hynix' continued production shortfalls, according to Simon Chen, chairman and CEO of memory module firm Adata Technology.
  The tight supply may persist throughout the first half of 2014 as demand picks up prior to the arrival of the peak season, said Chen. Another scenario is that chip supply will fall slightly short of, or just keep up with, demand, Chen indicated.
  Adata currently holds about two months of DRAM inventory, which will enable it to ride out the continued supply shortage and benefit from rising memory prices, Chen noted.
  As for NAND flash, prices may be under downward pressure in 2014, Chen said. Major NAND-chip vendors are gearing up for capacity expansions, which will cause global output to expand at a faster pace than demand, Chen observed.
  Adata holds a relatively low inventory level of NAND flash compared to its DRAM stockpiles, Chen added.
  Adata reported revenues of NT$2.6 billion (US$87 million) for November 2013, down 13.2% on month but up 15.7% on year. Accumulated 2013 revenues through November increased 19.7% from a year earlier to NT$30.63 billion.