Reported 12 months ago
At a press conference on July 2, 2024, Jiao Youjun, chairman of Macronix International, stated that the current upturn in the memory market cycle has arrived on time, expecting 2025 to be a good year. Jiao mentioned that the company's performance has already shown an increase in the second quarter, with expectations for sustained growth over the next two years. Macronix's focus on NOR Flash memory, used in various tech products, indicates an overall recovery in the electronics industry. The company's cash increase and future investments aim to capitalize on the industry's prosperity. With a positive outlook for the second half of the year and various sectors showing growth potential, Macronix is also adapting its strategy towards AI trends to provide innovative memory solutions for customers.
Source: YAHOO