Nanya posts first revenue decline in nearly a year
DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday posted its first monthly decline in revenue in about a year, as prices and shipments began to slump amid faltering demand. Revenue shrank 6.49 percent to NT$7.68 billion (US$275.6 million) last month, compared with NT$8.21 billion in August, the company said in a statement. On an annual basis, revenue surged 38.4 percent from NT$5.55 billion. Shipments and chip prices both dropped to low-single digits last month from August, the New Taipei City-based chipmaker said. During the quarter ending Sept. 30, Nanya Technology amassed NT$23....