Phison: Fiscal 1Q23 Financial Results

Sales down 41%

By Jean Jacques Maleval | May 12, 2023 at 2:01 pm

	1Q22	1Q23	Growth
Revenue in US$ million	613	331	*-41%*
Net income in NT$ million	2,185	242

Phison Electronics Corp. announced financial results for 1FQ23 ended in April 2023.

1FQ23 revenue reached US$331 million, down 41.1% Y/Y and 15.6% Q/Q, with net income diminishing sharply, as the SSD controller business suffers from the decrease of SSD market.

Phison F1

The company has 2,000 patents, 3,800 employees including 75% of engineers.

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