Nanya Technology has decided to resume production at full capacity starting October, as inventory digestion is near its end, according to the DRAM chipmaker.
With the pressure to unload inventory easing, and demand recovering, Nanya said it is ready to move toward full-scale production.
Nanya reportedly cut back production by 10-30% in order to clear out excess inventory, according to industry sources. The company has not officially disclosed how much it scaled back output.
Nanya said previously that DRAM contract prices would start rebounding in October on the easing of inventory.
DRAM contract prices moved to stabilize in September, according to data compiled by DRAMeXchange. Prices for the first half of October saw 2% drops to flat growth, compared to 0-6% decreases in late September.