Phison's revenue hits record high in the first quarter of 2024

Storage controller giant Phison's revenue in the first quarter of 2024 reached NT$16.526 billion, a month-on-month increase of 4.9% and a year-on-year increase of 64%, setting the second highest record in the same period in history. Although NAND Flash original manufacturers continue to push up storage chip prices, affecting the demand in the consumer NAND Flash market, Phison still achieved good performance growth.