Reported about 1 year ago
Lexar Communications, anticipating a transfer from the TAISDAQ to the Over-The-Counter market in late July, reports a record-high monthly revenue in May of NT$72 million, largely attributed to the success of the game 'LOST ARK.' Lexar focuses on second-agent classical games, with 87% of revenue from PC games and 13% from mobile games. They plan to list four more games, two for PC and two for mobile, with titles like 'The Giants,' 'New Hot Blood Rivers and Lakes,' and 'Dance Group.' The delay in the launch of 'LOST ARK' from 2021 to 2024 resulted in the Korean factory covering marketing expenses and waiving $9 million in licensing fees for Lexar. Riding on the momentum, Lexar plans to transfer to the OTC market later in July.
Source: YAHOO