Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 30 September 2011 10:14

Micron sees trouble ahead

Written by Nick Farell
micron_logo

But while there is music, and moonlight and love and romance....
Micron has warned that continued oversupply of DRAM chips will weigh on its margins.

Already investors are worried about tepid PC sales and casting a shadow on expectations for the upcoming holiday season. Avian Securities analyst Win Cramer told Reuters that DRAM supply has been building throughout the year, causing an oversupply and leading to average selling prices declining faster than the slowdown in PC sales.

Micron's competitors, including Hynix,  Elpida and Samsung have been shifting production to NAND flash chips used in tablets and smartphones. Meanwhile Micron said that its DRAM revenue fell 12 percent in the fourth quarter from the third quarter. NAND sales rose 11 percent but they account for only a fourth of the company's sales compared to DRAMs which contribute more than half.

Micron thinks that the Halloween and Christmas holiday seasons will spur  NAND sales. Ronald Foster, chief financial officer, said that demand remains relatively strong for smartphones, SSDs, tablets.

Micron, America's sole maker of dynamic random-access memory chips, also posted a surprise quarterly loss. Net loss for the fourth quarter was $135 million, while analysts on average had expected a profit of 1 cent a share.

More here.


blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments