Q2 2024 Phison Electronics Corp Earnings Call Transcript

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Aug 14, 2024

Aug 14, 2024 / 09:00AM GMT
Jeffrey Ohlweiler - Macquarie Capital Ltd. - Analyst

Good evening, everyone. My name is Jeff Ohlweiler. I'm Head of Research at Macquarie. Very happy to be hosting Phison's second-quarter conference call.

I'm just an amateur NAND enthusiast, so I'll turn it over to a professional, KS Pua, CEO. KS will do a presentation, and then I'll lead the Q&A after that.

KS, over to you.

Khein Seng Pua - Phison Electronics Corp - Chief Executive Officer

Yes. Jeff, thanks to you and thanks to everyone to participate in our CQ2 '24 earnings call. Okay. This is a breakdown of our CQ2 revenue. From this chart, you can see consumer wise.

Actually, in the May, in CQ1 earning call, I already emphasized the retail is very weak. We have no any interest to follow the price, total loss in the retail. So the portion of retail will decline a lot because I have no intention to go there.

Controller wise. The reason is that last year's CQ4 and Q1, our NAND company, as the customers, they're putting a lot of controller to get the major share in the

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