FADU, a data center semiconductor specialist, said on the 6th that it signed a contract to supply solid-state drive (SSD) finished goods worth 21.5 billion won to Taiwan's Macnica Galaxy.
This is equivalent to half of last year's total sales of 43.5 billion won. FADU said, "Data center semiconductor specialist FADU recorded large orders for four consecutive months from August to November, raising expectations for revenue growth next year."
In August, FADU secured a total of 14.6 billion won in orders, including contracts to supply corporations SSD controllers worth 9.9 billion won to a domestic semiconductor manufacturer and 4.4 billion won to an overseas NAND flash memory manufacturer, respectively. In September, it also agreed to supply corporations SSD controllers worth 10.5 billion won to an overseas NAND flash memory manufacturer.
Starting in Oct., revenue from SSD controllers for North American big tech, the company's core business, and from white-label SSDs optimized for targeting Asian markets including Taiwan increased simultaneously. It signed back-to-back contracts to supply SSD finished goods worth 6.9 billion won to a Taiwanese partner and to supply corporations SSD controllers worth about 13.3 billion won to an overseas NAND flash memory manufacturer.
In particular, this order tally is based on the disclosed amounts. Considering that NAND flash memory corporations typically place orders in units of 3–4 billion won, the total order amount is expected to be higher than the disclosed figure.