Search results for Fadu
Industry
Fadu Q2 operating profit 16.3 billion won, up 112 percent from previous quarter
Fadu posted second-quarter revenue of 73.2 billion won and operating profit of 16.3 billion won, it said on Sunday. Revenue rose 208.9 percent from a year earlier and operating profit swung to a profit. Compared with the previous quarter, revenue increased 22.9 percent and operating profit rose 111.6 percent. First-half revenue totalled 132.7 billion won and operating profit was 24.0 billion won, turning from a loss a year earlier.
AI & Enterprise
Science ministry says K-AI models expand into specialised fields from cancer treatment to defence and chip design
South Korea\'s Ministry of Science and ICT said on Sunday domestically developed artificial intelligence models are spreading into high-risk, high-difficulty professional settings. It said applications are expanding to cancer treatment planning, autonomous welding in shipbuilding, defence and semiconductor design. LG AI Research is working with Vanderbilt University Medical Center on an AI system for cancer care. NC AI is introducing physical AI to Hanwha Ocean\'s shipyards, while SKT and the defence ministry are pursuing a defence-focused model.
Industry
Fadu posts 7.7 billion won Q1 operating profit, returns to profit
Fadu, a fabless semiconductor company specialising in data centre chips, reported preliminary first-quarter revenue of 59.5 billion won and operating profit of 7.7 billion won, it said on April 27. Revenue rose 210 percent from a year earlier and the company swung to an operating profit from a loss. Net profit came to 10.2 billion won, also returning to profit. Fadu cited a higher share of controller sales and rising AI data centre demand.
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Industry
Fadu unveils Gen6 controller, FlexSSD at China flash market summit
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People
Fadu hires Seoul National University professor Kim Jin-soo as CRO
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Industry
Fadu revenue doubles on AI data center demand
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Industry
Fadu shifts to sole CEO Nam Lee-hyun, trading to resume on Feb 3
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Industry
Fadu wins SSD order worth 47 billion won from Taiwan\'s Macnica Galaxy