Silicon Motion(SIMO) - 2023 Q1 - Quarterly Report

Silicon Motion Announces Results for the Period Ended December 31, 2022 NEWS RELEASE Business Highlights • Fourth quarter sales decreased 20% Q/Q and 24% Y/Y and FY2022 sales grew 3% Y/Y • SSD controller sales: 4Q approximately flat Q/Q and FY2022 decreased 5% to 10% Y/Y • eMMC+UFS controller sales: 4Q decreased 35% to 40% Q/Q and FY2022 grew 15% to 20% Y/Y • SSD solutions sales: 4Q grew 20% to 25% Q/Q and FY2022 grew 30% to 35% Y/Y • Both SSD and eMMC+UFS controllers outperformed PC and smartphone markets ...