14 DAY TRIAL // As one would have expected, January proved to be a bit less productive overall than the previous month, at least as far as revenues are concerned, and Transcend appears to be among the companies in a position to vouch for this.
Transcend is one of those companies that can claim to not be overly specialized, but it still focused primarily on a specific sort of products.
While it is known for making portable electronics and digital photo frames, the outfit is still most famous for its memory modules and NAND Flash memory.
Unfortunately, these times haven't been particularly friendly towards any company that deals in DRAM.
As one may or may not remember, DRAM prices have been falling for months, and the only reason that February will bring any sort of stability is because ASPs are nearing the bottom price.
In other words, the only reason prices won't keep going down is because their makers aren't willing to make them any cheaper, even despite oversupply.
Either way, low sales and prices led to a slow January, and Transcend is among those that saw their revenues slide on month, and the fact that Q1 is the slow season also contributed.
The overall figure was of NT$2.77 billion, which corresponds to an on month drop of 8.4 %.
NAND Flash products accounted for 60.9% of the total, this also being the likeliest reason why revenues didn't go any lower.
This left the proportion of DRAM module sales at 18.8%, which is a sharp drop compared to the 31.8% of last year's January.
DRAM prices will at best fluctuate for the remainder of the first half of 2011, meaning that the more stable NAND Flash prices will have to make up for a lot.
Non-memory products accounted for the remaining 20.3% of Transcend's January revenues, or so it is reported.