- Data I/O Corporation (DAIO, Financial) secures a $1.4 million order from a major Chinese EV supplier.
- The order includes 10 PSV systems with Lumen®X programming platform focused on UFS 4.0 support.
- Delivery is scheduled within the next two quarters, manufactured in Shanghai, indicating near-term revenue.
Data I/O Corporation (NASDAQ: DAIO), a leading provider of advanced security and data deployment solutions, has announced a pivotal order from a major electric vehicle (EV) manufacturing supplier in China. The agreement, valued at over $1.4 million, entails the delivery of 10 PSV automated programming systems equipped with the Lumen®X programming platform. This order marks a significant milestone as it's the first time DAIO's robust UFS 4.0 technology support was the deciding factor in the selection process.
The systems will be manufactured at Data I/O's facilities in Shanghai, China, with delivery scheduled over the next two quarters. This move not only represents an immediate revenue boost but also establishes Data I/O's technological leadership in the rapidly growing market of high-density flash storage solutions, which are critical for automotive, mobile, and AI-edge computing applications.
Data I/O's LumenX platform offers substantial operational advantages, delivering high-speed programming with up to 50% lower costs compared to alternatives. This positions DAIO strategically as UFS device storage requirements escalate, reaching capacities between 1-2 terabytes per device. The recent order underscores the demand for DAIO's solutions in the evolving landscape of automotive electronics, highlighting the company's ongoing commitment to innovation and its strategic investments in next-generation flash memory technologies.
