Reported about 1 year ago
Chairman Chen Li-pai of ADATA remains bullish on the overall memory market, expecting prices to rise again once short-term inventory clearance in the spot market ends. ADATA announced a consolidated revenue of 29.54 billion NT dollars for June, representing a yearly increase of 29.38%, and a monthly decrease of 8.47%. Second-quarter revenue saw a 46.07% annual growth, reaching 10.29 billion NT dollars, with a cumulative revenue of 209.1 billion NT dollars for January to June 2024, up 48.56% from the same period in 2023. Chairman Chen further expressed optimism for the company's shipment momentum to return to growth as the traditional peak season in the second half of the year approaches.
Source: YAHOO