Data center semiconductor corporations FADU posted revenue of 73.155 billion won and operating profit of 16.267 billion won in the second quarter of this year. Following its turnaround to profit in the first quarter, it more than doubled its operating profit.
FADU disclosed on the 20th that on a consolidation basis, its preliminary second-quarter revenue came to 73.155 billion won, up 22.9% from the previous quarter. It rose 208.9% from a year earlier. Operating profit was 16.267 billion won, up 111.6% from the previous quarter, swinging to a profit from a loss a year earlier.
Cumulative revenue for the first half of this year was 132.693 billion won, up 209.3% from the same period a year earlier. First-half operating profit was 23.953 billion won, returning to the black from an operating loss of 24.55 billion won in the same period last year.
First-half revenue this year was close to the combined revenue of 139.5 billion won that FADU posted in 2024 and 2025 over two years. FADU said that since the start of the year, the amount of new orders disclosed has exceeded 340 billion won, and that it is expanding its client base by winning new server manufacturer customers.
FADU's flagship product is a controller built into enterprise solid-state drives (eSSD) for data centers. An SSD controller is a system semiconductor that manages data storage and transfers between NAND flash and servers.
FADU is expanding supply of its "5th-generation (Gen5) SSD controller," which supports the 5th-generation peripheral component interconnect standard (PCIe 5.0). It also said it is preparing to supply a next-generation PCIe 6.0-based Gen6 controller in step with the timing of market demand formation.
FADU expects that because enterprise SSD controllers are a business based on long-term supply contracts, it can secure more stable revenue as the number of customers increases. It projected that in the second half, performance growth will accelerate compared with the first half, driven by an expanding global customer base and new order volumes.
Nam I-hyeon, CEO of FADU, said, "Following our turnaround to profit in the first quarter, we expanded the profit structure in the second quarter," and added, "With revenue increasing on customer diversification and storage controller demand rising in the AI Semiconductor market, we expect stronger growth in the second half than in the first."