Phison CEO Spends Approximately NT$49 Million to Buy Back Company Shares

Industry sources indicate that Phison CEO Kenneth Pan has once again purchased back company shares. An announcement shows that Pan, through an investment company he controls, bought 25 shares of his own company in February, spending approximately NT$49 million (approximately RMB 10.6918 million). This is the second time he has done so since December of last year. AI-driven changes in server computing architecture continue to fuel demand in the NAND market. Benefiting from strong customer demand, Phison's revenue in January exceeded NT$10 billion, reaching NT$10.452 billion (approximately RMB 2.28 billion), a year-on-year increase of 190%, setting a new record for a single month.