Press Releases

Litigation Announcement

Phison Electronics Corporation (“COMPANY”) announced today that the COMPANY has filed litigation in Sao Paulo court in Brazil against U-TECH DO BRASIL INDÚSTRIA, IMPORTAÇÃO, EXPORTAÇÃO E DISTRIBUIÇÃO LTDA. (“U-TECH”) and its legal representative and guarantor Mr. Daniel Modelis (“Mr. Modelis”), claiming that U-TECH together with Mr. Modelis return overdue payment and reimburse other remedies to the COMPANY.

About Phison

Phison Electronics Corp. (TPEX:8299) is a global leader in NAND Flash controller IC and storage solutions. We provide a variety of services from controller design, system integration, IP licensing to total turnkey solutions, covering applications across SSD (PCIe/SATA/PATA), eMMC, UFS, SD and USB interfaces, reaching out to consumer, industrial and enterprise markets. As an active member of industry associations, Phison is on the Board of Directors for SDA, ONFI, UFSA and a contributor for JEDEC, PCI-SIG, MIPI, NVMe.

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Phison Press

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America