Memory chips and memory intensive logic device manufacturer Alliance Semiconductor Corp has warned its financial results for the current quarter will be significantly lower than forecasts had predicted. The San Jose, California-based operation has warned revenues will fall short of the $28.3m it achieved in the last quarter, and is also likely to report a loss for the three months ending June 27. Alliance is attributing its poor performance to the continuing fall in Dynamic Random Access Memory prices, the area that generates the most revenue for the company. In order to turn its fortunes around Alliance is currently setting about reducing its involvement in the DRAM space, and looking to other, unspecified areas to make its money. It expects it won’t be able to start the turnaround process until the end of the calendar year.
