en.Wedoany.com Reported - Nanya Technology President Pei-Ing Lee announced in an online briefing that the company plans to raise capital expenditure to over NT$200 billion (approximately US$6.2 billion) by 2027, about four times this year's budget.

This Taiwanese memory manufacturer reported unaudited financial results showing second-quarter 2026 revenue reached NT$82.55 billion, up 684% year-over-year from the same period in 2025; net profit was NT$50.19 billion, a year-over-year increase of 1,324%. Gross margin for the quarter reached 79.5%, compared to negative 20.6% in the same period of 2025. The single-quarter profit was 7.6 times Nanya Technology's total profit for the full year of 2025, and the quarterly revenue also exceeded the company's total sales for the entire year of 2025.

According to Nanya Technology's first-quarter investor report, the company's capital expenditure was NT$13.2 billion in 2023, NT$16.1 billion in 2024, NT$13.4 billion in 2025, and the 2026 budget is as high as NT$52 billion. The total for these four years is NT$94.7 billion, less than half of what Lee plans to spend in 2027 alone. Lee acknowledged that the 2027 figure is preliminary and has not yet been submitted to the board, and that the new factory will absorb approximately NT$480 billion when fully ramped.

Nanya Technology's own performance report shows that average selling prices in the first quarter of 2026 rose over 70% quarter-over-quarter, while bit shipments declined by a mid-single-digit percentage. The company's full-year bit shipment growth target is in the teens percentage range, so the 684% revenue increase came almost entirely from pricing. Meanwhile, TrendForce expects third-quarter traditional DRAM contract prices to rise further by 13% to 18%.

Lee stated during a January earnings call that approximately 70% of Nanya Technology's shipments are DDR4 and low-power DDR4, with DDR5 contributing about 10% of revenue. Nanya Technology does not produce high-bandwidth memory (HBM), and Lee has ruled out competing in HBM2, HBM3, HBM3E, or HBM4. However, the company is collaborating with Etron Technology, Piecemakers Technology, and Formosa Advanced Technologies to develop customized HBM components for edge AI, targeting a launch by the end of this year. Its 79.5% gross margin is close to a pure reading for traditional DRAM, less than 6 percentage points away from Micron's consolidated gross margin of 85%, which includes HBM, as reported in its recent 10-Q filing.

SanDisk, Kioxia, Solidigm, and Cisco purchased a 10.19% stake in Nanya Technology for NT$78.72 billion in a private placement completed in April this year, with SanDisk and Kioxia also signing long-term DRAM supply agreements. Three of the four companies produce SSDs and require DRAM for cache. Solidigm, a subsidiary of SK hynix—the world's second-largest DRAM manufacturer—turned to a supplier holding only about 2% of the market share to source DRAM.