FADU posted its highest-ever quarterly sales. As it actively responded to the expanding artificial intelligence (AI) market, it also achieved its first quarterly profit since listing.
FADU disclosed on the 27th that first-quarter sales rose 209.8% from a year earlier to 59.5 billion won. Operating profit came to 7.7 billion won in the period, swinging to a profit. FADU's annual sales have continued to grow, recording 43.5 billion won in 2024 and 92.4 billion won in 2025. First-quarter sales this year grew to the point of surpassing the full-year record for 2024.
The company said, "We have demonstrated our technological prowess through next-generation products and steadily raised our market share as we were fully incorporated into the global hyperscaler ecosystem," and noted, "Growth is accelerating as demand for enterprise solid-state drives (eSSD) surges in line with rising demand at artificial intelligence (AI) data centers."
FADU's flagship products are finished goods SSDs and SSD controllers. In the first quarter, the controller business accounted for about 80% of FADU's total sales. Controllers are a core component that serves as the "brain," accessing multiple NAND flashes in parallel simultaneously and determining the order of data processing. The company expected that, as mass production of controllers for global hyperscaler corporations proceeds, results could grow even more steeply in the second half of this year. As of this month's disclosure, new orders alone totaled 166.3 billion won.
Nam Yi-hyeon, FADU's chief executive, said, "This turnaround to profit is the result of FADU's long-standing best efforts, technological strength, and sincerity being recognized by customers," adding, "Now that we are fully established in the global hyperscaler ecosystem, sales and revenue will begin to grow in earnest." The chief executive added, "We sincerely thank the shareholders and customers who have trusted and stood by FADU."