DRAM price will all the way up to the next year,ADATA benefit

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Date: 2017-10-10

DRAM prices keep rising, giant ADATA memory module (3260 - TW) September consolidated revenue of 2.926 billion yuan, this record of 47 months, since the knot before the August pre-tax earnings per share 8.66 yuan, pushed up in DRAM shortage effect, third quarter operating profit performed significantly better than the second quarter, next year is expected to stabilize also stay strong;Driven fundamental theme of share price performance, closed 86.1 yuan on Friday, gaining high challenge before.
ADATA has consolidated revenue of 24 billion yuan in the first nine month, year increase 51.89%, has surpassed last year combined revenue of 23.217 billion yuan;ADATA, points out that due to the server, smartphone and PC and so on three big market in the second half of the rebound in succession, the DDR4 under the demand side have been hit, a serious shortage of comprehensive, not only prices have gone up continuously, ready for the PC maker and channel customers also positively.
ADATA stressed that in the international information center under the rapidly expanding demand for DRAM, a consortium of global DRAM factory this year have no new production line of the input, the upstream DRAM factory to transfer more PC DRAM coping capacity, the PC DRAM supply face serious capacity crowd out effect, shortage problem will spread to the second quarter of next year can relieve;This wave of DRAM price gains will continue into next year.
ADATA stock executive called positive and is expected to buy back 6000 copies, has announced bought 2.08% of the total number of outstanding shares, has bought 4788 copies, buy back an average of 81.7 yuan.Fundamental financial watch qiao, shares opened higher on Friday, was once rushed up to 88 yuan, the average turn upward, ready to challenge before the wave peak.

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