ADATA: Revenue in August remained basically flat compared to the previous month, maintaining a positive outlook on the DRAM market.

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Jinshi data news on September 9th, the latest financial data released by the storage module giant, Weigang, showed that the combined revenue in August was 3.029 billion NTD, a slight decrease of 0.8% from the previous month, and a rise of 1.95% year-on-year; the cumulative combined revenue from January to August was 26.993 billion NTD, a rise of 39.68% year-on-year. In terms of product structure, DRAM modules accounted for 51.35% of the overall revenue, SSD accounted for 34.55%, and other products such as storage cards accounted for 14.1%. Weigang stated that the third-quarter revenue is expected to remain stable. With the advantage of low-price inventory in the past few quarters, it is expected that the single-quarter gross profit margin and operational performance will still maintain a good performance.

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Electrikvip
· 2024-09-09 06:55
Buying the dip 🤑
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