FADU INC. Posts Strong First-Half Results with 340 Billion Won in New Orders… Second-Quarter Operating Profit Doubles on AI Boom
Q2 Revenue of 73.2 Billion, Operating Profit of 16.3 Billion
Operating Profit Surges 111% Compared to the Previous Quarter
Cumulative First-Half Revenue Reaches 132.7 Billion, Approaching the Total Revenue of the Past Two Years
“Expectations for Stronger Growth in the Second Half of the Year”
[Edaily Reporter Kim Hyun-ah ] FADU INC.(440110)(FADU), a company specializing in data center semiconductors, secured over 340 billion won in new orders in the first half of this year alone, driven by expanded investment in data centers amid the artificial intelligence (AI) boom. Building on a robust order backlog that enabled the company to return to profitability in the first quarter, its operating profit more than doubled in the second quarter compared to the previous quarter, demonstrating a “solid profit-driven growth structure.”
FADU INC. announced on the 20th through a preliminary earnings release that it recorded revenue of 73.2 billion won and operating profit of 16.3 billion won for the second quarter of this year.
Revenue increased by 23% from the previous quarter (59.5 billion won) and more than tripled compared to the same period last year. Operating profit also rose by 111%, from 7.7 billion won in the first quarter to 16.3 billion won in the second quarter, marking a significant improvement in profitability.
As a result, FADU INC.’s cumulative revenue for the first half of this year totaled 132.7 billion won. This represents a steep growth trajectory, approaching the combined annual revenue of 139.5 billion won for 2024 and 2025. With cumulative operating profit for the first half also reaching 24 billion won, the company is viewed as having entered a growth trajectory underpinned by solid profitability.
New Orders Exceed 340 Billion Won… Customer Base Diversified and Next-Generation Products Ready
Behind this quantum leap in performance lie robust new orders and the diversification of its global
customer base
. Since the start of this year, FADU INC.’s cumulative new orders, based on regulatory disclosures, have exceeded 340 billion won, and the company is expanding its market presence by continuously securing new server OEM customers.
In terms of business operations, while accelerating the supply of its flagship product—the PCIe Gen5 SSD controller—the company has also completed the establishment of a production and development system capable of timely supplying next-generation Gen6 controllers in anticipation of future market growth.
In particular, since the enterprise SSD controller business operates on the basis of long-term supply contracts, it is relatively less affected by fluctuations in semiconductor supply and demand or seasonal slowdowns, and is expected to continue generating stable revenue and profits in the future.
Nam Yi-hyun, CEO of FADU INC., stated, “Following our return to profitability in the first quarter, we have established a solid profit structure in the second quarter, laying the groundwork for a quantum leap in both revenue and profit this year.” He added, “Considering the revenue growth driven by customer diversification and the explosive demand for storage controllers resulting from the expansion of the AI semiconductor market, we expect to deliver performance growth in the second half of the year that surpasses that of the first half.”
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