Monday, October 3, 2016

Nanya to invest NT$50 billion over next 2 years including ReRAM and 3D Xpoint

According to Digitimes, Nanya is to invest NT$50 billion over next 2 years.

Taiwan-based DRAM maker Nanya Technology is looking to invest a total of NT$50 billion (US$1.6 billion) over the next two years to "enhance its product value rather than market share," according to company president Pei-Ing Lee.

Nanya will put its focus on new memory technologies including ReRAM and 3D XPoint, said Lee.Nanya recently issued a filing with the Taiwan Stock Exchange (TSE) disclosing a total of NT$343 million spent on facilities and machinery equipment. Nanya has budgeted a capex of NT$25 billion for 2016. Spending for the year will focus on the company's transition to 20nm process technology.
 

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