News
Nanya Technology reports record Q1 revenue with 583% year-on-year growth
Friday, April 3, 2026 at 01:40 AM
Nanya Technology reported a significant surge in Q1 revenue, reaching NT$49.09 billion (US$1.54 billion), representing a 582.9% year-on-year increase. March sales reached a record NT$18.17 billion, contributing to a 63.1% sequential quarterly growth. The results mark record highs for both the month of March and the first quarter, signaling robust demand in the DRAM market.
Context
On April 2, 2026, Nanya Technology reported a record-breaking first quarter with revenue reaching NT$49.09 billion (US$1.54 billion), a staggering 582.9% year-on-year increase. This growth was propelled by March sales of NT$18.17 billion, which marked a 16.4% rise over February and established a new monthly high. The surge is attributed to a global supply crunch in DRAM chips as competitors like Samsung Electronics and SK Hynix pivot their production capacity toward high-bandwidth memory (HBM) to meet AI demand, inadvertently tightening the supply of DDR4 memory, which remains Nanya's core product.
Market analysts at TrendForce noted that prices for standard DRAM jumped between 93% and 98% in the preceding quarter and are expected to rise another 58% to 63% in the current period. To capitalize on this cycle, Nanya has increased its capital spending to NT$50 billion and is constructing a new 12-inch plant slated for small-volume production in mid-2027. While a specific executive quote from this earnings release could not be independently verified beyond the reported figures, the company previously stated in January that it expects global DRAM scarcity to persist through the first half of 2028 due to the ongoing AI frenzy.
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