Silicon Power Listed on Taiwan’s Over-the-Counter (OTC)

Silicon Power Computer and Communications Inc., a Taiwan-based manufacturer of NAND flash products, announced the listing on Taiwan’s over-the-counter (OTC) stock market on 19th June, 2012.

Compared to the revenue last year, Silicon Power has been making profit so far, expecting to maintain continuous growth in the next coming quarters.
 
Silicon Power, an own brand sales company established in 2003, is the maker of NAND flash based products, including flash cards, USB drives, portable hard drives, memory module and SSD.
 
"The demand for NAND flash products has been growing with the popularity of smartphone and ultrabook," said Perry Yuan, president of Silicon Power. "Silicon Power will be putting more efforts and dedication on developing more cutting-edge SSD and increasing SSD penetration among all markets."

Silicon Power will be launching a new wifi drive for the demand of the application between cloud technology and Smartphone.
 
Since the OTC announcement was made, the stocks for Silicon Power have been over subscribed more than 121 times.