Taiwanese DRAM (Dynamic Random Access Memory) chipmaker Nanya Technology recently announced that the company has been ahead of the schedule in mass producing 4Gb DDR3 (Double Data Rate 3) chips using 20nm technology, the Economic Daily News reported on October 30, adding that these chips will target demand in connected devices used in vehicles, homes, and offices. The monthly production capacity has reached 38,000 wafers in the fourth quarter of 2017 and is expected to grow to 68,000 wafers per month in 2018. This may be largely attributed to the USD1.85 billion investment made by the company in building new fabrication plants and purchasing advanced equipment early this year. In anticipation of an increasing demand for 3D NAND flash memory, the price of the DRAM is expected to continue on the rise in 2018, representing a good chance for Nanya in terms of profitability.