Elpida Memory Inc., the nation’s largest maker of computer memory chips, reported Thursday its third consecutive quarterly loss after a glut drove down prices.
The net loss was ¥13.8 billion during the business first quarter that ended June 30, compared with a profit of ¥14.6 billion a year earlier, Tokyo-based Elpida said. The loss exceeded the ¥13.2 billion median of five analysts’ estimates.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.