Nanya Technology Corporation Reports Earnings Results for the Fourth Quarter of 2017; Provides Capex Guidance for the Year 2018
January 16, 2018 at 07:00 am
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Nanya Technology Corporation reported earnings results for the fourth quarter of 2017. For the quarter, the company reported revenue of TWD 16.783 billion, a 26.8 to 26.3% quarter to quarter increase. ASP increased by 6.9%, and bit shipment increased by 18.7%. And gross margin are 49.8%; operating margins 38.9%. And the company recognized TWD 16.121 billion gain from Micron share disposal. The company also recognized TWD 433 million gain due to ECB's option valuation. So the company's net income for fourth quarter reached to TWD 21.978 billion; net margin of 131%; EPS for the quarter, 7.2 -TWD 7.42. For quarter to quarter, Fourth Quarter versus third quarter, the company's revenue increase by 26.3%; shipment by 18.7%; and ASP by 6.9%; exchange rate are marginally. The company focus more on this 4 number: net sale already described; gross margin TWD 8.3 billion, at 49.8%; and operating income is TWD 6.537 billion, 38.9% EBITDA, TWD 9.418 billion, 56.1%. All this number representing a very good improvement from third quarter. For CapEx and bit shipment. Last year, the company spent TWD 29.4 billion.
For CapEx and bit shipment. Last year, the company spent TWD 29.4 billion., this year 2018, the company expects to spend about TWD 11.5 billion; it's about 1/3. The company spending mostly will be on the 20-nanometer equipment payment defer, some of the final payment and also 10-nanometer class technology development at regular CapEx.
Nanya Technology Co., Ltd. is a Taiwan-based company mainly engaged in the development, manufacture and sales of memory products. The Company operates through Japan segment, United Stated segment, manufacture segment and other segment four business segments. The Manufacture segment is engaged in the manufacture and sale of semiconductor products, and the Japanese and United States segments are engaged in the sale of semiconductor products. The Company provides dynamic random access memory (DRAM) chips, including double data rate (DDR) DRAM chips, DDR2 DRAM chips, DDR3 DRAM chips and DDR4 DRAM chips, as well as low power double data rate (LPDDR), LPDDR2 and LPDDR3 memory products. The Company also provides semiconductor original equipment manufacturing (OEM) services. DRAM products are mainly used in personal computers and other electronic products. Products are mainly sold to mainland China, Taiwan, Japan, the United States, Europe and other regions.
NANYA TECHNOLOGY CORPORATION 
