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SEMICONDUCTORS <strong>Nanya dividend approved</strong> DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday said that its board of directors has approved the distribution of a cash dividend of NT$3.7 per share. That represents about a 50 percent payout ratio based on the company’s earnings per share last year of NT$7.4. The board also approved capital spending capped at NT$28.4 billion (US$1.01 billion) to produce 10-nanometer memory chips, construct a new fab, and for research and development, Nanya said in a statement. Chips in the 10-nanometer class are made using process technologies of 10 to 20 nanometers. The board also agreed to the allocation of

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