Phison Electronics, which specializes in controllers for devices based on flash memory, expects its revenues to grow by more than 20% in 2021.
It is noteworthy that the manufacturer does not count on an increase in supplies. In other words, the increase in revenue will be provided by an increase in the average selling price.
Phison is aware of a shortage of chips and materials that will become even more severe in the second quarter, according to company management. However, the manufacturer is optimistic about 2021 and intends to continue to expand the research capabilities needed for future growth.
Phison’s revenue in February was approximately $ 130 million, down 10% from January. In just the first two months of 2021, the company received about $ 274 million, up 5.3% over the same period last year.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
