Silicon Motion Technology Corporation Sponsored ADR Stock News

Silicon Motion Technology is a global leader in NAND flash controllers, with strong 2024 results and an optimistic outlook for 2025. Despite short-term challenges, SIMO's long-term growth prospects and market leadership make it a compelling buy, with potential for significant upside. SIMO's robust R&D and product launches, particularly in SSD controllers, position it well for future growth, des...

Company Demos 128TB SSD Design at China Flash Market Summit 2025 TAIPEI and MILPITAS, Calif. , March 12, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced the sampling of its groundbreaking MonTitan™ SSD Reference Design Kit (RDK) that ...

TAIPEI, Taiwan and MILPITAS, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced that it will participate in the following upcoming conferences:

NUREMBERG, Germany , March 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in NAND flash controllers for solid-state storage devices, today announced its participation in Embedded World 2025, taking place from March 11–13, 2025, in Nuremberg, Germany. At the event, Silicon Motion will showcase its latest storage and display inte...

Silicon Motion Technology Corporation (NASDAQ:SIMO ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR & Strategy Wallace Kou - President & Chief Executive Officer Jason Tsai - Interim Chief Financial Officer Conference Call Participants Mehdi Hosseini - Susquehanna Financial Group Craig Ellis - B. Riley Securities Nick Doyle ...

TAIPEI and MILPITAS, Calif. , Feb. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today proudly announces its PCIe Gen4 SSD controller has achieved ASPICE Capability Level 3 (CL3) after assessment by UL Solutions (NYSE: ULS), positioning Silicon ...

Business Highlights Fourth quarter of 2024 sales decreased 10% Q/Q and decreased 6% Y/Y SSD controller sales: 4Q of 2024 decreased 5% to 10% Q/Q and decreased 5% to 10% Y/Y eMMC+UFS controller sales: 4Q of 2024 decreased 10% to 15% Q/Q and were flat Y/Y SSD solutions sales: 4Q of 2024 decreased 35% to 40% Q/Q and decreased 25% to 30% Y/Y Announced annual cash dividend of $2.00 per American Depo...

TAIPEI, Taiwan and MILPITAS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to $50 million of its American Depositary Shares (“ADSs”) over a six-mont...