Silicon Motion(SIMO) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Silicon Motion Announces Results for the Period Ended September 30, 2023 NEWS RELEASE Business Highlights • Third quarter sales increased 23% Q/Q and decreased 31% Y/Y • SSD controller sales: 3Q increased 5% to 10% Q/Q and decreased 10% to 15% Y/Y • eMMC+UFS controller sales: 3Q increased 100% to 105% Q/Q and decreased 40% to 45% Y/Y • SSD solutions sales: 3Q decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights | --- | --- | --- | --- | |-------|---------------------------- ...