Since the breakout of the COVID-19 pandemic, which revolutionized people’s living pattern and waged a wave of digital transformation, the global semiconductor and electronics industry has witnessed an unprecedented boom for roughly two and half years. However, starting from the second half of 2022, such a boom gradually returned to the pre-pandemic normal. That was a drastic change for global semiconductor and the electronics supply chain, leading companies around the world to review the importance of corporate governance and risk management anew. Therefore, in 2021,Phison established its Risk Management Committee; doing so not only tighten the control of risk associated with Phison’s operations but also enhanced communication with the supply chain and even customers at the same time. By establishing such response mechanisms, Phison aimed to improve its response mechanism in the event of economic fluctuation in order to reduce operational risks; by progressing slowly yet surely, Phison intended to grow and prosper jointly with upstream and downstream suppliers and customers.
Leveraging its leading place in the market and in technical domain, Phison Electronics recorded an annual revenue of NT$60.256 billion in 2022, its second highest revenue record. In addition, Phison’s products were recognized by customers and with a variety of awards in 2022. For instance, the enterprise-level SSD X1 was awarded the 2023 Taiwan Excellence Award; the PCIe 4.0 SSD passed NASA’s space certification and was ready for use in another moon-landing mission; the PCIe 5.0 SSD E26 assisted a brand customer in receiving the 2023 CES Best SSD award; the PCIe 4.0 SSD E21T helped a partner customer in acquiring a full-score recommendation from a test and evaluation website; and Phison was awarded the Best Technological Collaboration Award by a customer in the mobile phone industry. All of such achievements are an embodiment of Phison’s leading technological strength and close bond with customers. In the future, Phison will continue to leverage its cutting-edge technology and technological support to grow and prosper jointly with customers worldwide.
Climate change has become an important issue on a global scale. Climate disaster, once occurred, could give a financial blow to businesses. In this year, Phison disclosed its climate-related risks and opportunities by business nature by referencing the Task Force on Climate-Related Financial Disclosures (TCFD); every year, Phison fills in and submits the Carbon Disclosure Project (CDP) climate change questionnaire and water security questionnaire to allow stakeholders’ access to more transparent information. In addition to continuously optimizing product performance help reduce end users’ carbon emissions, Phison will also fulfills its renewable energy commitment by raising its consumption of renewable energy to at least 10% of its total electricity consumption by 2025, and by purchasing an amount of renewable electricity equal to 20% of its total electricity consumption by 2030.
Good work environment, compensation, and benefits is the way to build long-term development with employees. As the organization scales up, so does the number of employees. To improve organizational performance, Phison launched a series of “Manpower Efficiency (Management) Improvement Projects”, hoping such training will enhance superiors’ ability to foster subordinates and plan career development for subordinates, thereby improving colleagues’ work skills. Meanwhile, Phison officially announced its intension to join the “TALENT, in Taiwan”, a Taiwanese talent sustainability action alliance, and jointly proposed the initiative that “enterprises take hold of talents and export future skills to universities.” On the charitable front, in 2022, Phison donated more than NT$9.87 million worth of supplies and funds, practicing the ideal of “Take from society, give back to society” and joining hands with partners of different trades to create sustainable value.