TAIPEI: In a scenario where DRAM pricing has rebounded to over US$1.50, ProMOS Technologies, a prominent player in the Taiwan-based computer-memory space, is expected to attract positive cash flow by the third quarter of the current year.

According to a company source, the memory maker might also decide on doing away with compulsory unpaid leave for employees by the end of September. This is seen by industry experts as a move towards getting ready for capacity sprucing up as the industry sees a recovery in demand. The company is in fact already lining up a time table as to when it should ask its workers to resume normal working hours.

Cementing the expectations that a recovery is round the bend, rival companies such as Inotera Memories, Nanya Technology and Powerchip Semiconductor Corporation (PSC) have all moved to drop their unpaid leave policies, said a Digitimes report.

ProMOS, in the meantime, will kick off a restructuring plan in its bid to strengthen operations. As part of this effort, it has already streamlined its 12-inch fab operations. It will also channel a chunk of its resources into niche memory products such as specialty DRAM and mobile DRAM, while shifting its focus away from standard DRAM, the report added.

The company expects to narrower losses this quarter compared to its loss of NT$8.6 billion (US$262 million) in the previous quarter, and begin to see positive cash flow from operations.