-- Macronix International (TPE:2337) expects further price increases in the coming quarters, citing a tight chip supply environment, following a strong turnaround driven by earlier price hikes, Taipei Times reported Tuesday.
The memory chipmaker, a key supplier of NOR and NAND flash products, said it is benefiting from shifts in the embedded NAND market and improving demand conditions, reportedly.
Citing an investor conference by Chairman Miin Wu, the report said that supply-demand imbalances remain wide and pricing will continue to adjust in line with market dynamics, with contracts negotiated on a monthly basis.
The company reported a return to profitability in the latest quarter, supported by stronger margins and a sharp rise in revenue.
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