Nanya Technology said in a press release that it is considering switching over all of its 12-inch production (130,000 wafers a month) to 50nm process technology.

The company’s board of directors had recently approved plans to raise about NT$16 billion by issuing new shares – the schedule for releasing the shares has been set for November 28, 2009.

Nanya Technology Corporation had, in June 2009, raised NT$12.2 billion through private placement.

Meanwhile, the company’s net losses for the third quarter of 2009 have improve, by 41 per cent sequentially, to NT$3.89 billion. The operating losses have been almost halved to NT$2.81 billion.

Nanya Technology’s ASP for the third quarter of 2009 went up by 35% sequentially, in spite of a 19% drop from the same quarter of 2008.

The inventory levels of the DRAM producer fell to less than 4 weeks at the end of the third quarter of 2009.

Nanya Technology Corporation said it expects the DRAM contract prices to continue to go up through the fourth quarter of 2009.

In a separate development, Inotera Memories said it is planning to secure a syndicated loan by the end of 2009. The money is in preparation for the company’s capex increase for 2010, according to industry sources.