Phison CEO thinks NAND shortages could shut down entire consumer electronics companies in 2026 — claims at least one foundry demands three-year cash payment upfront

Phison's CEO warns that NAND shortages could lead to the shutdown of consumer electronics companies in 2026, with at least one foundry demanding a three-year cash payment upfront. The flash memory scarcity is putting pressure on companies like Phison, and smaller firms may struggle to secure any supply. The CEO predicts a challenging year for consumer electronics, with potential production cuts in smartphones, PCs, and TVs due to supply constraints. The situation is exacerbated by rising prices and limited availability of flash chips, impacting various industries.