Fadu headquarters [Photo: Fadu]

Fadu, a fabless company specialising in data centre semiconductors, posts preliminary first-quarter revenue of 59.5 billion won and operating profit of 7.7 billion won, it said on April 27. Revenue jumps 210 percent from 19.2 billion won a year earlier. Operating profit swings to a gain from a 12.0 billion won loss a year earlier.

Net profit also reaches 10.2 billion won. That compares with a 12.1 billion won net loss a year earlier.

Results also improve sharply from the previous quarter of 2025. Revenue rises 149 percent from 23.9 billion won in the prior quarter. Operating profit returns to black from a 29.5 billion won loss in the prior quarter.

The main reason for the return to profit is a higher share of controller sales. Fadu has increased the share of its controller business since last year, and controllers account for about 80 percent of total first-quarter revenue, significantly improving its profit structure, the company said.

Rising demand for enterprise solid state drives (eSSD) on expanding AI data centre demand also helps drive growth. After fully joining the global hyperscaler ecosystem through next-generation products such as PCIe (Peripheral Component Interconnect Express) Gen5, Fadu has doubled annual revenue each year, including 43.5 billion won in 2024 and 92.4 billion won in 2025.

Orders are also building. New orders disclosed through April total 166.3 billion won, already exceeding last year's total annual revenue of 92.4 billion won. The company expects steeper growth toward the second half. It will also pursue business diversification alongside expanding scale. Fadu is fostering power management semiconductors (PMIC) as a new growth engine and plans to diversify customers by strengthening efforts to target Asian markets after the United States, it said.

Chief Executive Nam Lee-hyun (남이현) said, "This return to profit is the result of customers recognising the technology and sincerity that Fadu has long done its best to deliver." She said, "Now that we have fully established ourselves in the global hyperscaler ecosystem, revenue and profit will begin to grow in earnest." She added, "I sincerely thank shareholders and customers who have trusted and supported Fadu," and "As Korea's true leading fabless company, we will show an exemplary success case."

Keyword

#Fadu #AI #PCIe Gen5 #eSSD #PMIC
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