Page 15 - Simon Chen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

$2 billion in federal aid, but little to no relief for Bay Area landlords Louis Hansen © Provided by Mercury News SAN JOSE - JUNE 7: A portrait of Jeff Zell at Saratoga Plaza apartments in San Jose, Calif., on Monday, June, 7, 2021. Zell is one of many Bay Area landlords and their debt-burdened tenants concerned about mismanagement of the $2.6 billion state and local Emergency Rental Assistance Program. (Randy Vazquez/ Bay Area News Group) San Jose property manager Jeff Zell submitted 70 applications in March to the state for pandemic-related rent relief. More than two mont...

Higher prices lift Nanya’s revenue By Lisa Wang / Staff reporter DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday reported NT$7.6 billion (US$274.33 million) in revenue last month, its highest in nearly three years, as robust demand lifted prices. Revenue rose 2.84 percent from April and soared 37.02 percent from a year earlier, as its factories ran at full capacity, Nanya said. The company in April said that chip prices would gradually pick up in the second quarter amid tight supply and strong demand for DRAM chips used in consumer electronics, servers and notebook computers...

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Macronix posts best April revenue CHIP SHORTAGES: Winbond swung into the black, while Nanya Technology saw double-digit percentage growth in revenue, as supply constraints support higher prices By Lisa Wang / Staff reporter Macronix International Co (旺宏), the world’s biggest supplier of NOR flash memory chips, yesterday posted its best April revenue, at NT$3.81 billion (US$136.52 million), lending support to its optimistic forecast about customer demand amid a persistent chip shortage. Last month’s revenue rose 5.6 percent from NT$3.61 bil...

Adata net profit soars 57.18% to a 14-quarter high By Lisa Wang / Staff reporter Adata Technology Co (威剛), a supplier of memory modules and solid-state drives (SSDs), yesterday posted its best quarterly net profit in 14 quarters on the back of rising prices. During the three-month quarter to March, net profit surged 57.18 percent to NT$707 million (US$25.27 million), from NT$450 million last year. On a quarterly basis, net profit more than doubled from NT$317 million. Earnings per share rose to NT$2.94, compared with NT$2.12 a year earlier and NT$1.41 in the previous quarter. Adata Tech...