Phison: July 2021 Financial Results

Phison Electronics Corp. announced its financial results for July 2021.

Highlights:

• July 2021 revenue totaled NT$5.482 billion (the third highest in a single month in history), while accumulated revenue for January-July 2021 reached NT$38.491 billion, hit the record high for the same period in history.
• As the production capacity of the semiconductor supply chain is still tight, under the circumstance that the supply of NAND controller is limited, it is expected to push NAND storage products increase in capacity and stabilize prices.

The total shipments of PCIe SSD controllers in July grew by more than 82% Y/Y, and the total shipments of industrial memory modules grew by 5%. In addition, for the annual growth rate of total shipments accumulated throughout the year (January to July), the total shipments of PCIe SSD controller grew by nearly 130%, a record high for the same period in history; the total annual growth rate of industrial memory module shipments exceeded 35%, and the annual cumulative total memory bits shipments also grew by more than 50%, both of which set new historical highs over the same period.

July has entered the traditional peak season of the third quarter. Due to the gradual unblocking of European and American countries, companies have begun to purchase or upgrade related computer equipment and server systems, and various factories and stores have also begun to resume operations, which is expected to help the overall storage market demand.

However, as the production capacity of the semiconductor supply chain is still tight, under the circumstance that the supply of NAND controller is limited, it is expected to push NAND storage products increase in capacity and stabilize prices.