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Press Releases
 
 
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DateTitle 
08/08/17Silicon Motion Expands its portfolio of PCIe NVMe SSD controller solutions at the 2017 Flash Memory Summit
New turnkey controller solutions offer the broadest range of performance, cost and form factor for consumer and industrial/embedded applications MILPITAS, Calif., Aug. 8, 2017 /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 availability of the industry's broadest portfolio of merchant turnkey SSD (solid state disk) controller so... 
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08/04/17Silicon Motion Showcases New Controller Solutions for PCIe NVMe SSDs at 2017 Flash Memory Summit
MILPITAS, Calif., Aug. 4, 2017 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in NAND flash controllers for solid-state storage devices, today announced it will be presenting at the upcoming Flash Memory Summit in Santa Clara, CA from August 8th to 10th and will be showcasing an array of industry-leading turnkey controller solutions for high-performance, mainstream and DRAM-less PCIe NVMe SSDs.  Since 2005, Silicon Motion has shipped mo... 
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07/31/17Silicon Motion Announces Results for the Period Ended June 30, 2017
Financial Highlights   2Q 2017 GAAP   2Q 2017 Non-GAAP • Net sales $132.7 million (4% Q/Q, -6% Y/Y)   $132.7 million (4% Q/Q, -6% Y/Y) • Gross margin   48.7 %     48.7 % • Operating margin   22.8 %     23.9 % • Earnings per diluted ADS $ 0.67     $ 0.71   Business Highlights Embedded Sto... 
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07/31/17Silicon Motion Announces New $200 Million Share Repurchase Program and Management to Purchase Shares
TAIPEI, Taiwan and MILPITAS, Calif., Aug. 01, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that its Board of Directors has authorized a new program for the Company to repurchase up to $200 million of its ADS over a 12 month period. Separately, Silicon Motion executive officers have notified the Company that they intend to purchase $2.5 million of its ADSs. “We believe that we are building a great business w... 
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07/28/17Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., July 28, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 24, 2016, the Board of Directors of the Company declared payment of an annual dividend of US$0.80 per ADS1, equivalent to US$0.20 per ordinary share, which will be paid in four qua... 
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07/07/17Silicon Motion Announces Preliminary Second Quarter 2017 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., July 07, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces that based on its preliminary second quarter financial results, revenue is expected to be slightly below the original guidance range of $134 million to $140 million that the company issued on April 28, 2017. Gross margin (non-G... 
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05/30/17Silicon Motion Announces World's First Merchant SD Controller Solutions Supporting Latest SD 6.0 Specifications
New SD 6.0 controller family enables next-generation ultra-high performance, high-capacity expandable SD cards TAIPEI, Taiwan, May 30, 2017 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today introduced its new SD 6.0 controller solutions supporting SD Specification 6.0 and meeting the new A2 application performance rating with a minimum random read/w... 
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04/27/17Silicon Motion Announces Results for the Period Ended March 31, 2017
Financial Highlights         1Q 2017 GAAP 1Q 2017 Non-GAAP * Net sales       $127.3 million (-12% Q/Q, +13% Y/Y)   $127.3 million (-12% Q/Q, +13% Y/Y) * Gross margin           50.9 %     51.0 % * Operating margin           23.6 %     26.4 % * Earnings per diluted ADS   ... 
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04/24/17Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., April 24, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 24, 2016, the Board of Directors of the Company declared payment of an annual dividend of US$0.80 per ADS1, equivalent to US$0.20 per ordinary share, which will be paid in four qua... 
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04/07/17Silicon Motion Announces Preliminary First Quarter 2017 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., April 07, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces that based on its preliminary first quarter financial results, revenue is expected to be in the upper half of the original guidance range of $121 million to $128 million that the company issued on January 24, 2017. Gross margi... 
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03/14/17New SATA FerriSSD(R) using 3D NAND for ultra-high reliability and high-capacity embedded applications
NUREMBERG, Germany, March 14, 2017 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers and solid-state storage devices, today announced that it has extended its popular family of SATA 6Gb/s FerriSSD® Industrial BGA SSDs to support the latest 3D NAND with end-to-end data path protection, NANDXtend™ ECC, and IntelligentScan™ feature - delivering unsurpassed data reliability for embedded storage a... 
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03/06/17New UFS controller family enables next-generation high-performance, high-capacity embedded memory solutions for mobile devices
MILPITAS, Calif. and TAIPEI, Taiwan, March 6, 2017 /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 launch of its new UFS (Universal Flash Storage) 2.1 controller family, a complete product line supporting UFS HS-Gear3x1L and HS-Gear3x2L, enabling high-performance, high capacity and low power embedded memory for mobile phones. Designed w... 
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01/23/17Silicon Motion Announces Results for the Period Ended December 31, 2016
Financial Highlights       4Q 2016 GAAP   4Q 2016 Non-GAAP * Net sales     $144.2 million (-9% Q/Q, +47% Y/Y)   $144.2 million (-9% Q/Q, +47% Y/Y) * Gross margin      50.0%    50.2% * Operating margin      24.2%    30.4% * Earnings per diluted ADS      $0.73     $0.95       ... 
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01/23/17Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 23, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS:SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 24, 2016, the Board of Directors of the Company declared payment of an annual dividend of US$0.80 per ADS1, equivalent to US$0.20 per ordinary share, which will be paid in four quart... 
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01/06/17Silicon Motion Announces Preliminary Fourth Quarter 2016 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 06, 2017 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, sequential revenue decline is expected to be towards the 9% end of the original guidance range of a decrease of 9% to 14% that the company issued on October 28, 20... 
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