logo
FADU joins forces with Taiwan's ADATA in strategic SSD alliance

FADU joins forces with Taiwan's ADATA in strategic SSD alliance

Korea Herald14-04-2025

Korean fabless startup FADU has signed a memorandum of understanding with Adata, the world's second-largest solid-state drive module provider, the company announced Monday. This marks the first major milestone in its new Flex SSD business model.
The agreement was signed on April 2 at Adata's headquarters in Taipei, Taiwan, with FADU's chief executive officer and chief technology officer Nam E-hyun and Adata Chair Simon Chen in attendance.
FADU's new business model enables customers to tailor SSD development according to their needs, offering flexibility from full product supply to co-development and eventual independent manufacturing.
Adata, with a strong presence in both industrial and consumer markets, brings strong global production and market reach, and the partnership allows FADU to accelerate the development of its Flex SSD ecosystem and expand globally.
The two companies will begin by co-developing Gen5 enterprise SSDs based on Triple-Level Cell technology, with plans to expand into Gen6 and Quad-Level Cell products. FADU will initially provide controller IP, firmware, reference designs and manufacturing support, with the goal of enabling Adata to independently produce and manage its own SSD product lines in the future.
'This is a long-term collaboration that enables customers to develop and operate their own SSD product lines,' a FADU official said. 'We aim to build a sustainable and mutually beneficial ecosystem.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Kospi soars to 3-year high on foreign buying, tech rally
Kospi soars to 3-year high on foreign buying, tech rally

Korea Herald

time15 hours ago

  • Korea Herald

Kospi soars to 3-year high on foreign buying, tech rally

Optimism builds as analysts forecast continued gains on policy, global tailwinds The South Korean benchmark Kospi broke through the 2,900-point threshold for the first time in over three years on Wednesday, marking a notable milestone as it extends its bullish rally. The Kospi reached as high as 2,904.21 during intraday trading, surpassing the 2,900 mark for the first time since it peaked at 2,902.79 on Jan. 18, 2022. The index opened at 2,887.32 and quickly gained in early trading, exceeding the 52-week high of 2,896.43 recorded on July 11 last year. The rally followed overnight gains on Wall Street, driven by growing expectations of improved trade conditions between the US and China. Hopes are rising that restrictions on semiconductor sales to China may be eased. After hitting its peak, the Kospi pared some gains, retreating to the 2,890-point range as of press time. At 2 p.m., it stood at 2,897.23, up 25.38 points or 0.88 percent from the previous session. The index has been on a six-day winning streak, which began a day before the country's presidential election on June 3. A massive influx of foreign capital has fueled the rally. Offshore investors purchased nearly 4 trillion won ($3 billion) worth of shares on the Kospi in June, extending the 1.16 trillion won net buying spree seen in May, according to Korea Exchange data. As of 2 p.m. Wednesday, foreigners had net bought 72 billion won worth of shares, while institutional investors purchased 146 billion won. Retail investors, meanwhile, sold off 198 billion won, likely to lock in profits. Market heavyweight stocks showed strong performances with tech giants leading the game, tracking the rally in US chip stocks. Blue-chip shares Samsung Electronics and SK Hynix were up 0.93 percent and 4.12 percent, respectively, as of 2 p.m. On the back of expectations for a de-escalation in the trade war, shares of LG Energy Solution, Hyundai Motor and Kia were also traded higher, while Hanwha Solution stocks surged by 18 percent as of press time. In an attempt to support the rally, President Lee Jae-myung visited the headquarters of the Korea Exchange in Yeouido, western Seoul, on Wednesday, where he held a meeting to discuss measures to prevent unfair trading. During the election campaign, Lee pledged to usher in a 'Kospi 5,000 era' by strengthening minority shareholder protections. Amid the continuing upward momentum of the Kospi, local brokerage firms are upping their outlooks. KB Securities, for instance, raised its 12-month target for the Kospi to 3,240 points by the first half of 2026. 'Although tariff risks are expected to continue through the third quarter, along with an increased possibility of a recession if the threats materialize into actual impositions, the Korean stock market is likely to demonstrate relatively strong resilience, supported by a weakening dollar, domestic stimulus measures and ongoing capital market reforms,' analyst Lee Eun-taek said. 'By the fourth quarter, trade tensions could enter a phase of resolution, leading to a rise in risk appetite and revitalized investment activity,' Lee added. With the rally of the stock market, the secondary bourse Kosdaq stood at 786.09 as of 2 p.m., up 14.89 points or 1.93 percent. The Korean won was quoted at 1,369.57 per dollar as of 2 p.m., losing value by roughly 5 won from the previous daytime trading.

Coupang halts import food sales over safety concerns
Coupang halts import food sales over safety concerns

Korea Herald

time15 hours ago

  • Korea Herald

Coupang halts import food sales over safety concerns

South Korean e-commerce giant Coupang has temporarily suspended the sale of certain imported food products through its Rocket Growth fulfillment service, according to industry sources on Wednesday. The move is seen as a preemptive measure following cases where foods bought online from overseas vendors were found to violate domestic regulations. Coupang recently sent individual notifications to some overseas sellers, informing them of a temporary halt on new registrations and inbound shipments of specific food items imported for sale via Rocket Growth. Rocket Growth is a fulfillment service in which sellers send their products to Coupang's logistics centers, and Coupang handles storage, delivery and returns. The service is popular among international sellers looking to easily enter the Korean market and has a high number of China-based sellers participating. Coupang did not disclose how many sellers received the notice or how many food products were affected. This decision appears to follow recent actions by the Ministry of Food and Drug Safety, which imposed fines on certain importers and retailers for violating food safety regulations. 'Our top priority is ensuring that customers are protected and can purchase safe products," a Coupang official said. "We maintain a system that constantly monitors and responds to potential risks, and the recent measure reflects that approach." Coupang also plans to expand safety and compliance checks to all imported goods, with the possibility of extending restrictions to other categories based on the results. The food safety agency recently fined major domestic retailers for selling imported meat products that violated food additive standards. The Korea Customs Service also blocked over 160,000 potentially hazardous imported food items from entering the country. In response, Coupang issued guidance to Rocket Growth and Marketplace sellers last month, providing safety information on restricted ingredients, blocked overseas food products and key precautions for listing imported food items.

Samsung SDI expands ESS push with new supply deal to Europe's Tesvolt
Samsung SDI expands ESS push with new supply deal to Europe's Tesvolt

Korea Herald

time16 hours ago

  • Korea Herald

Samsung SDI expands ESS push with new supply deal to Europe's Tesvolt

Korean battery manufacturer Samsung SDI announced Wednesday that it has signed a contract to supply its flagship energy storage equipment to Tesvolt, one of Europe's leading providers of commercial energy storage systems. Under the agreement, Samsung SDI will supply its Samsung Battery Box 1.0 to Tesvolt through the first quarter of 2026 and begin supplying the upgraded SBB 1.5 starting in the second quarter. Both models will be integrated into Tesvolt's energy storage solutions. The companies did not disclose the financial details or the volume of units covered by the contract. 'We have been supplying ESS batteries to Tesvolt since 2017. With this new SBB supply contract, we expect to further strengthen our partnership,' a Samsung SDI official said. 'We will accelerate our expansion in the global market, including Europe.' SBBs are 6-meter-long containerized battery energy storage equipment that include battery cells, modules and racks. The upgraded SBB 1.5 features a 37 percent increase in capacity, delivering up to 5.26 megawatt-hours, compared to its predecessor. It also enhances safety by adopting Samsung SDI's proprietary fire prevention technology, which directly injects fire-suppressant materials into the cells to prevent thermal runaway and reduce fire risk. The SBB 1.5 received a CES Innovation Award at CES 2025, the world's largest tech show held in Las Vegas. As part of its strategy to expand its presence in the ESS market and diversify beyond the electric vehicle sector, currently impacted by slowing demand, Samsung SDI is pursuing deeper collaborations with European ESS companies. At InterBattery Europe 2025, held in May in Munich, Germany, Samsung SDI highlighted its energy storage system capabilities, including the SBB 1.5. The company also noted Tesvolt's interest in further collaboration, quoting Tesvolt as saying, 'Samsung SDI offers a solution that precisely meets the needs of energy storage system operators.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store