Phison CEO Pan Jiancheng: Flash memory shortage will last for 10 years
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Phison CEO Pan Jiancheng stated that the shortage of flash memory will continue for the next decade, mainly due to the surge in demand from AI, cloud, PCs, and mobile phones. He pointed out that the demand for NAND Flash will not weaken, even though the new factory's capacity can only increase by 50%. To meet the demand, Phison has initiated a syndicate loan and issued convertible bonds, with inventory exceeding NT$ 50 billion, and plans to increase stockpiling. Pan Jiancheng warned that the gross margin of memory is too high and called for maintaining price stability to promote healthy industry development
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