Nanya to invest NT$50 billion over next 2 years, says president

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. In addition, Lee expressed concerns about the establishment of China’s homegrown memory industry, which could pose a major threat to Taiwan.

Taiwan-based memory makers should continue to enhance their product offerings to stay competitive, said Lee, adding that connected cars, wearables and smart homes could be target markets. Nevertheless, Taiwan still plays a role in the global DRAM market accounting for 20{1c8721459c474d1d5b48ba9ae7120e36de45aa62207fb48292a0a282be55d27f} of overall capacity worldwide, Lee indicated. Nanya and its fellow Taiwan-based firms have also substantially expanded their presence in the niche memory sector.