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Press Releases
 
 
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DateTitle 
11/21/18Silicon Motion Announces $200 Million Share Repurchase Program
TAIPEI, Taiwan and MILPITAS, Calif., Nov. 21, 2018 (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 American Depositary Shares (ADSs) over a 24 month period, effective immediately. “We continue to see our controllers benefiting from accelerating SSD adoption in PCs and growing interest in UFS embedded mem... 
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11/01/18Silicon Motion Announces Appointment of Nelson S. Duann as Senior Vice President of Marketing and R&D
TAIPEI, Taiwan and MILPITAS, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq:SIMO) ("Silicon Motion" or the "Company") announced effective today, Nelson S. Duann has been appointed Senior Vice President of Marketing and R&D, reporting to Wallace Kou, President and CEO of Silicon Motion. Nelson S. Duann replaces Frank Chang, VP of R&D, as he retires after 17 years of service to the Company.  “Frank has been an invaluable member of our management ... 
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10/30/18Silicon Motion Announces Results for the Period Ended September 30, 2018
Financial Highlights   3Q 2018 GAAP 3Q 2018 Non-GAAP Net sales $138.6 million (+0% Q/Q, +9% Y/Y) $138.6 million (+0% Q/Q, +9% Y/Y) Gross margin 50.9% 51.0% Operating margin 23.3% 27.1% Earnings per diluted ADS $0.81 $0.95 Business Highlights Embedded Storage1 sales were stable and accounted for... 
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10/29/18Silicon Motion Announces Annual Cash Dividend
HONG KONG and MILPITAS, Calif., Oct. 29, 2018 (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 today its annual cash dividend of $1.20 per ADS, which will be paid in four quarterly installments of $0.30 per ADS, unchanged from last year. “While the Company’s profitability, cash flow and long-term outlook continues to be stro... 
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10/05/18Silicon Motion Announces Preliminary Third Quarter 2018 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 05, 2018 (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 third quarter financial results, revenue is expected to be within the lower half of the original guidance range of $136.0 million to $142.9 million that the company issued on August 1, 2018. Gross... 
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09/28/18Kenneth Lin and Nelson Duann Joined and Han-Ping Shieh Re-elected to Silicon Motion’s Board of Directors
TAIPEI, Taiwan and MILPITAS, Calif., Sept. 28, 2018 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq:SIMO) ("Silicon Motion" or the "Company") announces that at our annual shareholders meeting on September 26, 2018, the Company expanded its Board of Directors from seven to nine members with the election of Kenneth Kuan-Ming Lin and Nelson S. Duann and re-elected Han-Ping D. Shieh.  “To strengthen our governance capabilities, we have expanded our Board and are pleased to welco... 
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08/07/18Silicon Motion Announces New Dual-Mode Enterprise Class SSD Controller Solution at 2018 Flash Memory Summit
SM2270 SSD controller is designed with standard NVMe™ and Open Channel capabilities for enterprise and data center storage SANTA CLARA, Calif., Aug. 7, 2018 /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 released the SM2270, a complete PCIe NVMe SSD controller solution which offers high performance, high capacity, high reliability and low latency... 
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07/31/18Silicon Motion Announces Results for the Period Ended June 30, 2018
Financial Highlights   2Q 2018 GAAP 2Q 2018 Non-GAAP Net sales $138.1 million (+6% Q/Q, +4% Y/Y)  $138.1 million (+6% Q/Q, +4% Y/Y) Gross margin 47.5% 47.5% Operating margin 24.6% 25.7% Earnings per diluted ADS $0.85 $0.92 Business Highlights Embedded Storage1 sales increased approximately 7% Q... 
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07/30/18Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., July 30, 2018 (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, 2017, the Board of Directors of the Company declared payment of an annual dividend of US$1.20 per ADS1, equivalent to US$0.30 per ordinary share, which will be paid in four qua... 
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07/06/18Silicon Motion Announces Preliminary Second Quarter 2018 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., July 06, 2018 (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 near the midpoint of the original guidance range of $134.3 million to $140.8 million that the company issued on April 27, 2018. Gross mar... 
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04/26/18Silicon Motion Announces Results for the Period Ended March 31, 2018
Financial Highlights   1Q 2018 GAAP 1Q 2018 Non-GAAP Net sales $130.3 million (-4% Q/Q, +2% Y/Y) $130.3 million (-4% Q/Q, +2% Y/Y) Gross margin 48.0% 48.0% Operating margin 19.1% 22.1% Earnings per diluted ADS $0.64 $0.71 Business Highlights Embedded Storage1 sales decreased approximately 1% Q/... 
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04/23/18Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., April 23, 2018 (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, 2017, the Board of Directors of the Company declared payment of an annual dividend of US$1.20 per ADS1, equivalent to US$0.30 per ordinary share, which will be paid in four qua... 
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04/09/18Silicon Motion Announces Preliminary First Quarter 2018 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2018 (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 near the midpoint of the original guidance range of $127 million to $132 million that the company issued on February 7, 2018. Gross margi... 
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02/27/18Silicon Motion Announces World’s First PCIe NVMe Single-Chip SSDs with Enterprise-Grade Data Protection Features
New FerriSSD offers higher performance and data protection for mission critical applicationsNUREMBERG, Germany, Feb. 27, 2018 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers and solid-state storage devices, today introduced its new FerriSSD® single-chip SSDs that features PCIe Gen 3 NVMe 1.3 interface for high-performance mission critical applications. The SM689 supports PCIe Gen 3x4 inte... 
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02/06/18Silicon Motion Announces Results for the Period Ended December 31, 2017
Financial Highlights   4Q 2017 GAAP 4Q 2017 Non-GAAP Net sales $136.2 million (+7% Q/Q, -6% Y/Y) $136.2 million (+7% Q/Q, -6% Y/Y) Gross margin 46.5 % 46.6 % Operating margin 10.0% 24.1% Earnings per diluted ADS $0.27    $0.79                F... 
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02/05/18Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., Feb. 05, 2018 (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, 2017, the Board of Directors of the Company declared payment of an annual dividend of US$1.20 per ADS1, equivalent to US$0.30 per ordinary share, which will be paid in four quar... 
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01/05/18Silicon Motion Announces Preliminary Fourth Quarter 2017 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 05, 2018 (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, revenue is expected to be at the upper end of the original guidance range of $130 million to $136 million that the company issued on October 27, 2017. Gross margi... 
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