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PSC Monthly Sales Report ”V December 2008 Hsinchu, Taiwan”ŠPowerchip Semiconductor Corporation (PSC, ticker 5346) announced unaudited net sales of 1.31 billion NT dollars for the month of December 2008.
PSC vice president and spokesperson Mr. Eric Tang stated that due to commodity DRAM pricing being lower than cash costs, have resulted in weaker monthly sales in December, PSC continues the production cuts to reduce its financial pressure. Considering the DRAM worldwide manufactures”¦production cuts taking effect leading to a rebound in DRAM ASP recently, a balance market environment in supply and demand will recover after the inventory adjustment periods.
The net sales of December 2008: (*Unit: Thousand NT$)
Period 2008 2007 Y/Y Increase ¢M
------------- ------------- -------------- --------------
Dec. 1,310,602 4,334,010 -69.76%
Jan.-Dec. 52,833,708 77,501,614 -31.83%
*The sales figures have not been audited.
Spokesperson : Eric Tang(886-2-25170055) Contact : Shannon Wu(886-3-5795000 ext.2009)
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