Home General Various News Nanya disposes of more Micron shares

Nanya disposes of more Micron shares

247

  • Register
Taipei, Sunday, September 3, 2017 20:46 (GMT+8)
scattered thunderstorms
Taipei
32°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Nanya disposes of more Micron shares
Jessie Shen, DIGITIMES, Taipei [Friday 1 September 2017]

Nanya Technology recently sold an additional three million shares of Micron Technology, according to company filings with the Taiwan Stock Exchange (TSE). A total of about NT$42 million (US$1.39 million) will be recognized from the sale, the company estimated.

Nanya in an August 31 filing with the TSE disclosed it had disposed of one million shares of Micron at around US$31.557 each, or a total of about US$31.56 million. Nanya expects to recognize a gain of US$14.24 million from the sale.

In a filing on August 30, Nanya said it sold two million shares of Micron at around US$31.206 each, or a total of about US$62.41 million. Nanya expects to recognize a gain of US$27.78 million from the sale.

Nanya disclosed previously it sold approximately 1.51 million shares of Micron at around US$30.768 each, or a total of about US$46.48 million, from August 25 to August 29. A total gain of US$20.32 million will be recognized from the sale, it estimated.

Nanya disposed of approximately 1.16 million shares of Micron at around US$30.554 each from August 23 to August 24. An estimated US$15.39 million will be recognized from the sale.

In July, Nanya sold a total of 382,537 Micron shares and recognized US$5.625 million from the sale.

Thus far in the third quarter of 2017, Nanya expects to recognize a total gain of about US$83.36 million from the sale of its holdings in Micron. Nanya still holds 39,710,376 Micron shares, or an about 3.56% stake in the US company.

Tweet

Categories: Bits + chips Memory chips

Tags: 2017 DRAM Micron Micron Technology Nanya Nanya Technology Taiwan

Companies: Nanya Technology Corporation

    Related stories

  • Nanya continues to dispose of Micron shares (Aug 30)
  • Nanya sells more stake in Micron (Aug 25)
  • Nanya mulls developing 10nm DRAM technology in-house (Aug 2)
  • Nanya nets EPS of NT$2.35 in 2Q17 (Jul 18)
  • Sale of Micron shares to buoy Nanya profitability in 2Q17 (Jul 4)
  • Nanya sells more Micron shares (Jun 21)
  • Nanya sells partial stake in Micron (Jun 16)

UMC
China AMOLED panel capacity expansion forecast, 2016-2020
Global notebook shipment forecast, 2017 and beyond
Sponsored links
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.

Buy link

  • Register
Taipei, Sunday, September 3, 2017 20:46 (GMT+8)
scattered thunderstorms
Taipei
32°C

  • Article

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here