Report Indicates that Phison Requires Prepayment from Customers Due to NAND Shortage and Increasing Prices

NAND prices are soaring while the market supply remains tight. It is reported that Phison Electronics has recently issued a notice to customers informing them of updated payment terms. The company stated that the continuous price increase in NAND has significantly raised its capital requirements. In order to secure more stable sources of supply, it will discuss prepayment conditions with different customers based on their individual circumstances.