Nanya to benefit from price hikes, cryptomining

Original Source    2018-03-21 23:03

Nanya to benefit from price hikes, cryptomining By Lisa Wang / Staff reporter
Nanya Technology Corp (南亞科技), the nation’s biggest DRAM chip maker, should benefit from price increases and its expansion into the cryptomining supply chain, a foreign investment consultancy said, as it raised its earnings forecast for this year.
Nanya Technology’s net profit could climb to NT$37.84 billion (US$1.3 billion) this year, up 14 percent from its earlier estimate of NT$33.11 billion, Morgan Stanley said in…




Original Source