Phison’s July 2020 revenue totaled NT$3,849mn, an increase of nearly 15% (MoM) from the previous month. Accumulated revenue for Jan. - July 2020 reached NT$27,571mn, with an annual growth rate (YoY) of nearly 20%. The raging COVID-19 has indeed had a considerable impact on the global economy, and all countries are striving to recover steadily. Phison also continues to actively strive for global customer orders, and through Phison's flexible cooperation model, it achieves a win-win effect of customer satisfaction, thereby increasing revenue and profit.
Sales Revenue (NT$mn)
Jan. to July 2020
Compared with the same period last year (YoY), the total shipments of memory modules in July were flat. However, the total shipments of PCIe SSD controller ICs grew by 108%, setting a record single-month high. The total shipment growth of eMMC memory products also reached 142%. In addition, for the annual growth rate (YoY) of cumulative shipments from January to July, the total shipments of SSD and eMMC controller ICs increased by 27%, the total shipments of PCIe SSD controller ICs increased by 116%, the total shipment of eMMC memory products reached 231%, the total shipment of industrial products reached 46%, and the total shipped memory bits (Total Bits) grew by nearly 13%, all of which hit a record high in the same period. It shows that although the epidemic has affected the demand of the NAND storage market, Phison has shown strong vitality and strives to reach its growth goal.
July 2020 Business Highlights (PHISON 8299)
Total shipments of memory modules
Total shipments of PCIe SSD controller ICs
Total shipments of eMMC memory products
Accumulated total shipments of SSD and eMMC controller for Jan.- July
Accumulated total shipments of PCIe SSD controller for Jan.- July
Accumulated total shipment of eMMC memory products for Jan.- July
Accumulated total shipment of industrial products for Jan.- July
Accumulated Total Memory Bits Shipment for Jan.- July
K.S. Pua, Phison CEO and Chairman, said that Phison has entered the high-end industrial storage market more than ten years ago and has begun to show results in recent years. For example, in recent years, due to the demand for charging stations driven by the rise of electric vehicles, Phison has integrated customers' industrial computers, and jointly design-in the charging station system of the largest independent electric vehicle service provider in the United States, and has begun shipping. The requirements of this type of industrial application need that NAND storage products can be used normally under different outdoor environmental conditions. The temperature range may be from low temperature -40 degrees to high temperature of 85 degrees, and it requires 24 hours of uninterrupted operation. It is a considerable challenge for NAND storage products. Through the accumulation of 20 years of technical experience, Phison can not only provide industrial-required storage products that meet the needs of customers of the charging station, but also allow customers to perform remote network control through customized SSD functions, which greatly saves client’s maintenance resources. According to data from market research agencies, the global charging station market has reached 12.7 million units in 2020, which will be positively helpful to Phison's continued increase in the proportion of high-end storage revenue.