Nanya Technology Corp. is investing up to NT$660 million ($20.9 million) in Taiwan-based Patchen Technology to develop specialized memory chips for artificial intelligence applications, marking its entry into the custom high-bandwidth memory market.
The Taiwanese memory chipmaker will acquire a maximum 38% stake in Patchen by subscribing to 22 million new shares at NT$30 each through a private placement, according to a board resolution.
The partnership aims to combine Nanya’s 10-nanometer DRAM manufacturing capabilities with Patchen’s expertise in custom memory design. The collaboration targets the growing demand for high-performance, energy-efficient memory solutions driven by AI and edge computing applications.
This move represents Nanya’s strategic shift to diversify beyond commodity DRAM products into higher-margin specialized memory segments. The company faces increasing competition from larger rivals like Samsung Electronics Co. and Micron Technology Inc. in the mainstream memory market.
The investment comes as memory chipmakers worldwide scramble to develop new products for AI applications, which require significantly higher bandwidth and more specialized solutions than traditional computing tasks.