Nanya Technology: SK Hynix and 3 Other Clients Participate in Private Placement to Fund Capacity Expansion
DRAM manufacturer Nanya Technology completed a private placement of 351.57 million shares, raising NT$78.72 billion from four major clients: SK Hynix (via Solidigm), SanDisk (via Sandisk Technologies), Kioxia, and Cisco. These investors collectively hold a 10.19% stake. The investment aims to expand Nanya Technology's production capacity, particularly for DDR5, LPDDR5, DDR4, LPDDR4, and DDR3 DRAM products, to meet demand for cloud SSDs and networking. This move is expected to strengthen client cooperation, establish a win-win in the AI and Cloud Service Provider (CSP) supply chains, and solidify Nanya Technology's market position in the AI value chain, with benefits materializing in Q2.
📋 Article Processing Timeline
- 📰 Published: April 13, 2026 at 17:12
- 🔍 Collected: April 13, 2026 at 17:31 (19 min after Published)
- 🤖 AI Analyzed: April 13, 2026 at 18:29 (57 min after Collected)
Nanya Technology, a DRAM manufacturer, announced on April 13, 2026, the completion of a private placement involving 351.57 million shares, attracting NT$78.72 billion in investment. Four key clients—SK Hynix's subsidiary Solidigm, SanDisk's subsidiary Sandisk Technologies, Kioxia, and Cisco—participated, collectively acquiring a 10.19% stake. Nanya Technology President Lee Pei-ying stated that this strategic investment will enhance collaboration with clients, foster mutual benefits within the artificial intelligence (AI) and cloud service provider (CSP) supply chains, and boost production capacity. The company aims to reinforce its market presence in the AI value chain. The funds will primarily support the expansion of new production facilities to supply various DRAM products, including DDR5, LPDDR5, DDR4, LPDDR4, and DDR3, specifically for cloud solid-state drives (SSDs) and networking applications. Nanya Technology currently has no short-term plans for further private placements, intending to explore other collaborative arrangements with clients.