Fadu Secures 46.5 Billion KRW Contract to Supply eSSD Controllers

According to Korean media reports citing regulatory filings, Fadu has signed a contract worth 46.5 billion KRW (approximately 210 million RMB) to supply enterprise SSD (eSSD) controllers. The value of this deal is equivalent to 50.32% of the company's revenue from last year.The contract is valid until January 1, 2027, with payments to be made within 30 days of delivery. While the client was only identified as an "overseas NAND flash manufacturer," industry consensus widely believes the customer to be Sandisk.