TAIPEI, Taiwan, March 4, 2014 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq:SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid state storage devices and specialty RF ICs solutions for mobile devices, today announced that it has successfully completed testing of FC7880, its new LTE-Advanced transceiver, and secured its first smartphone design win with a leading Korean handset OEM. Production is anticipated to begin late in the second quarter of 2014. 

FC7880, Silicon Motion's new high performance, low power, multi-mode diversity LTE-Advanced (3GPP Release 10) transceiver is the only single chip, SAW-less solution that monolithically integrates four receivers and one transmitter (4x1 MIMO) and is also the smallest LTE-Advanced transceiver available today. This transceiver enables carrier aggregation, covers all 41 prescribed spectrum bands and supports GSM, GPRS, EDGE, HSPA, HSPA+, TD-SCDMA, FDD-LTE and TD-LTE.

"We are excited about supplying our Korean handset OEM with our first LTE-Advanced transceiver solution and providing our partner with the most advanced transceiver technology in the market today. We look forward to their success and to extending our partnership," said Wallace Kou, President and CEO of Silicon Motion.  

Silicon Motion has been supplying LTE transceivers under its "FCI" brand since 2010. Innovative FCI CDMA RF ICs were first introduced in 2001.

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.

CONTACT: Investor Contact:
         Jason Tsai
         Director of IR and Strategy
         Tel: +1 408 519 7259
         Fax: +1 408 519 7101
         E-mail: jtsai@siliconmotion.com

         Investor Contact:
         Selina Hsieh
         Investor Relations
         Tel: +886 3 552 6888 x2311
         Fax: +886 3 560 0336
         E-mail: ir@siliconmotion.com

         Media Contact:
         Sara Hsu
         Project Manager
         Tel: +886 2 2219 6688 x3509
         Fax: +886 2 2219 6868
         E-mail: sara.hsu@siliconmotion.com