*Phison profit drops on currency losses as NAND prices rise, CEO flags 2026 supply concerns*
Phison Electronics reported a sharp decline in second-quarter 2025 profit as steep exchange-rate fluctuations eroded earnings, even as revenue climbed on stronger NAND pricing. Net profit fell 34.7% from the previous quarter to NT$745 million (US$24.82 million), with urrency losses of NT$1.345 billion accounting for about 7.5% of operating revenue. Revenue rose 29.3% sequentially and 12.6% year-over-year.
Source: DigiTimes
Submitted August 18, 2025 at 02:57PM by NewMaxx via reddit ift.tt/ADsFhji
Phison Electronics reported a sharp decline in second-quarter 2025 profit as steep exchange-rate fluctuations eroded earnings, even as revenue climbed on stronger NAND pricing. Net profit fell 34.7% from the previous quarter to NT$745 million (US$24.82 million), with urrency losses of NT$1.345 billion accounting for about 7.5% of operating revenue. Revenue rose 29.3% sequentially and 12.6% year-over-year.
Source: DigiTimes
Submitted August 18, 2025 at 02:57PM by NewMaxx via reddit ift.tt/ADsFhji