Published in News

DRAM market picking up

by on14 May 2015


Inotera readies the champers

DRAM market conditions will be better in the third quarter of 2015, recovering from the bad first half of the year, according to Inotera.


Inotera chairman Charles Kau said that it was unclear if DRAM prices will stop falling and rebound in the third quarter.

Inotera on May 11 signed a $508 million five-year syndicated loan agreement with a consortium of local banks in Taiwan in the hope of getting a bit of flexibility until things pick up.
The outfit was not thinking of flogging any of the family silver, but plans to start distributing dividends to shareholders in 2016, Kau noted.

In 2014, non-PC DRAM products accounted for 60 per cent of Inotera's total revenues. The company will continue to improve its product mix in 2015, while making progress in the transition to 20nm process technology.

Kau told Digitimes that Inotera http://www.digitimes.com/news/a20150512PD219.html plans to have 80 per cent of its total production capacity to be built using a newer 20nm node by the end of 2015.

Meanwhile it is not planning any big capital expenditure, he said,

Rate this item
(1 Vote)

Read more about: