Adata Technology, a Taiwan-based maker of memory modules, on October 24 released unaudited financial report for the third quarter of 2011, recording net operating loss of NT$96.6 million (US$3.3 million).

The net operating loss was mainly due to large drops in DRAM price in July and August, Adata indicated. As DRAM prices have rebounded since late August and orders received began to increase in early September, Adata's operation turned into profitability in September and is expected to remain profitable in October, the company pointed out.

Adata set up a large inventory of DRAM when prices fell to bottom levels and this is expected to improve its operation in the fourth quarter. In addition, Adata has cut into the supply chain of Zenbook, Asustek Computer's Ultrabook series, by providing embedded SSDs (solid-state drives), with orders for NAND flash products expected to increase in the fourth quarter, the company indicated.

Source:digitimes