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    Data I/O Emphasizes Leadership in Programming Market

    Bala Yogesh
    Aug. 22, 2018 09:39AM PST
    Data Investing

    Data I/O (NASDAQ:DAIO), the leading global provider of advanced data and security programming solutions for flash and flash-memory products announced the deployment of its 200th PSV programming system and record revenue in 2017. As quoted in the press release: Both milestones are a testament to the longevity of the pre-programming market, particularly for the automotive, …

    Data I/O (NASDAQ:DAIO), the leading global provider of advanced data and security programming solutions for flash and flash-memory products announced the deployment of its 200th PSV programming system and record revenue in 2017.

    As quoted in the press release:

    Both milestones are a testament to the longevity of the pre-programming market, particularly for the automotive, industrial and consumer markets served by Data I/O.

    Data I/O – Advancing Through Technological Innovation and Global Customer Support

    While other companies are reducing investment or backing away from the market, Data I/O is investing heavily in new technologies such as Universal Flash Storage (UFS), Manufacturing Execution System (MES) Integration and Secure Provisioning. Automotive Flash memory demands show no signs of slowing, with UFS providing the next wave of performance and density. Automotive electronics programmable content is projected to grow from 32GB to over 1 TB and beyond by 2025, driven primarily by infotainment systems, connectivity and autonomous driving. Data I/O has met this demand with the programming market’s best UFS performance on the LumenX™ programming system. Data I/O’s ConneX traceability and reporting software allow manufacturing companies to integrate pre-programming into their MES systems. The SentriX(TM) Secure Provisioning Platform helps OEMs of any size and volume provision secret credentials into their devices in a secure and cost-effective manner.

    “Data I/O’s focus on technology and new product development has been significant,” said Sean Riley, Vice President of Marketing at Data I/O Corporation. “It takes a dedicated commitment to innovation, year-in and year-out, to succeed in the programming market. Our worldwide engineering teams, combined with our worldwide sales and support, are what make us the leader in the pre-programming market.

    “We are increasingly engaged in new sales opportunities as well as asked to replace an older competitor’s system in order to enable access to new technology in the PSV series of programming systems. We are pleased to be setting the pace for the industry’s latest trends and demands. With over $16 million in cash at the end of the second quarter, we believe we have the strongest financial position in the industry, which enables us to continue to invest in technology development while providing unparalleled global customer support.

    “Members of our management team and global workforce will be participating in NEPCON in Shenzhen, China, from August 28-30, 2018. At this important industry event, the Data I/O team will demonstrate the many benefits and advancements of our programming solutions. We will be discussing unique programs to help customers get access to our latest products and technologies.

    Click here for the full text release.

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