Latest Breaking News On - Phison electronics corp - Page 11 : comparemela.com
Shares of Phison Electronics Corp (群聯電子), a supplier of NAND flash memory controllers and modules, rallied 1.63 percent yesterday, snapping two straight losing sessions after it unveiled a NT$607.86 million (US$21.89 million) real-estate investment.
The expansion plan reinforced Phison’s optimism about demand for memory chips as the Miaoli County-based company said it seeks to capture new growth opportunities after a “super boom cycle” in the semiconductor industry.
The comments came after the company’s board of directors on Thursday approved the investment. The stock price of Phison jumped 1.63 percent to NT$466.5 yesterday, better than the TPEX’s gain of 1.03 percent.
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