Nanya Technology : EU's Iron and Steel Sanction Against Russia Imposes No Material Impact on Nanya Technology
October 18, 2023
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2023/10/19
EU's Iron and Steel Sanction Against Russia Imposes No Material Impact on Nanya Technology
Background Information: In accordance with the Article 3 (g) of Council Regulation (EU) 833/2014, the sanctions that the EU has imposed against Russia include prohibiting iron and steel products processed in a third country from using inputs directly or indirectly imported or purchased from Russia.
Reactive Statement: Nanya Technology has immediately verified with its suppliers and confirm that the sanction has no material impact on the Company's operation.
Nanya Technology Corporation published this content on 19 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 11:40:05 UTC.
Nanya Technology Co., Ltd. is a Taiwan-based company mainly engaged in the development, manufacture and sales of memory products. The Company operates through Japan segment, United Stated segment, manufacture segment and other segment four business segments. The Manufacture segment is engaged in the manufacture and sale of semiconductor products, and the Japanese and United States segments are engaged in the sale of semiconductor products. The Company provides dynamic random access memory (DRAM) chips, including double data rate (DDR) DRAM chips, DDR2 DRAM chips, DDR3 DRAM chips and DDR4 DRAM chips, as well as low power double data rate (LPDDR), LPDDR2 and LPDDR3 memory products. The Company also provides semiconductor original equipment manufacturing (OEM) services. DRAM products are mainly used in personal computers and other electronic products. Products are mainly sold to mainland China, Taiwan, Japan, the United States, Europe and other regions.