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Pua said that 4Q is traditional peak season. After Thanksgiving and China's double 11 sales, system companies may start to destock in mid-November. They may restart pull in inventory in mid-2019 at the earliest.
Pua stressed that the operation is not easy today and the industry is changing fast. What happened today may be known by people in the world in few days. It could be difficult to make decisions when everyone knows the information because everyone may only make the same decision.
Pua recalled that when he just started the company, it was always the battle between companies. However, in recent years, companies may have tough backgrounds, including the county or big corporations. Fortunately, Phison is in a right direction with right strategy now. The company has collaborated with United States’ and Japan’s corporations and Phison is expected to play an important roles in the industry after 2 years.
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