TAIPEI, Taiwan, Jan. 6, 2015 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion" or the "Company") announces the addition of Mr. Gihyun Bae as Senior Vice President for Product Planning and Strategic Business Development. Mr. Bae is a seasoned executive and business leader with over 15 years of operational experience in the NAND flash industry. Most recently, he served as Senior Vice President at SK Hynix in charge of its Flash Solution Development division and spearheaded SK Hynix's very successful eMMC/eMCP sales growth and market share expansion. Prior to this role, Mr. Bae was Senior Vice President of SK Hynix's Flash Development division, responsible for directing the engineering of several generations of NAND flash technology. Mr. Bae was previously the President of the Korean operations of Anobit, the Israeli controller company.
"We are excited to have someone of Gihyun's caliber join our executive management team. With his deep understanding of NAND flash technology and business strategy, and well established relationships with major OEMs, we believe Gihyun will play an important role in building our long-term success," said Mr. Wallace Kou, the Company's President and CEO. "Gihyun's invaluable experience and expertise will help Silicon Motion target new business opportunities and further increase our penetration into embedded and SSD end-markets."
"While at SK Hynix, I worked very closely with Silicon Motion and was impressed by the company's technological expertise and leadership. SK Hynix, by leveraging Silicon Motion's resources to extend its internal controller R&D capabilities, was able to become very competitive in the eMMC and related eMCP businesses and build a lasting partnership together that allowed both companies to succeed in the embedded memory market," said Mr. Gihyun Bae. "It is because of this collaborative experience with Silicon Motion that I have joined this outstanding team to help drive further strong long-term growth."
About Silicon Motion:
We are a fabless semiconductor company that designs, develops and markets high performance, low-power semiconductor solutions to OEMs and other customers in the mobile storage and mobile communications markets. For the mobile storage market, our key products are microcontrollers used in solid state storage devices such as SSDs, eMMCs and other embedded flash applications, as well as removable storage products. For the mobile communications market, our key products are handset transceivers and mobile TV IC solutions. Our products are widely used in smartphones, tablets, and industrial and commercial applications. For further information on Silicon Motion, visit www.siliconmotion.com.
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