On the 5th, Pado announced that it will supply solid-state drives (SSDs) worth 2.6 billion KRW to a global server manufacturer.
This SSD supply contract signifies Pado's successful diversification of its customer base to include server companies, following big tech companies, SSD specialists, and NAND flash memory manufacturers. Pado, which has primarily supplied controllers to big tech companies, signed a supply contract worth 19.2 billion KRW with an overseas SSD specialist in May, and subsequently secured controller supply contracts worth 4.7 billion KRW and 6.8 billion KRW with overseas NAND flash memory manufacturers in June and July, respectively.
A Pado representative explained, "The global server manufacturer, newly acquired as a client, conducts sales activities targeting the global market based on a unique trading network, which raises expectations for recurring orders in the future."
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