Niche memory price rally lifts Ingenic's Q3 profit 2,595%

The global memory shortage is no longer benefiting only commodity DRAM giants: niche memory makers are also gaining. Ingenic's third-quarter profit rose 2,595% amid rising prices for specialized memory.

• Ingenic's third-quarter profit jumped 2,595%
• The gain was driven by the memory shortage and higher niche chip prices
• The upside is no longer limited to large DRAM makers