Reported 8 months ago
Taiwanese memory module manufacturer InnoDisk (2451) held a shareholder meeting on June 21, 2024, where a full board of directors was elected, with the first time selection of second-generation member Shu Dao-an paving the way for succession planning. The new board includes Shu Chung-wan (Chairman), Shu Chung-cheng, Shu Dao-an, Zheng Yan-wei, and Jia Yun Investment Company. Independent directors include Guo Zong-ming, Chen Shi-hong, Lin Jia-xing, and Lin Shu-shan. Shu Dao-an, who is the son of Shu Chung-wan and previously served as the Chief of Procurement, has been prepared for the generational transition after years of company experience. InnoDisk reported a consolidated revenue of NT$10.5 billion and a net profit of NT$1.98 billion in 2023, with an EPS of NT$4.63, and announced a cash dividend of NT$4.99062502 per share. The company expressed confidence in the memory industry's recovery trends in 2024 with increasing DRAM and NAND Flash prices, and anticipated growth driven by innovative products and R&D enhancements. Looking forward to 2024, InnoDisk foresees a revival year in the memory market, especially in the third and fourth quarters, and expects significant growth in memory shipments with the increased adoption of AI PCs around 2025.
Source: YAHOO