Core Viewpoint - Silicon Motion Technology Corporation has announced an annual cash dividend of $2.00 per ADS, reflecting confidence in its business recovery and commitment to returning cash to shareholders [1][3]. Dividend Declaration - The Board of Directors has declared an annual dividend of $2.00 per ADS, to be paid in four quarterly installments of $0.50 per ADS [2]. - The anticipated record and payment dates for the dividend are as follows: - November 14, 2025 (Payment on November 26, 2025) - February 11, 2026 (Payment on February 26, 2026) - May 7, 2026 (Payment on May 21, 2026) - August 6, 2026 (Payment on August 20, 2026) [2]. Business Performance - The company reports a rebound in business and normalization of margins due to an improved outlook in the memory industry [3]. - The company emphasizes the importance of distributing a significant portion of its strong cash flow to shareholders as a priority [3]. Dividend Payment Conditions - Future cash dividends are subject to the Board's determination that such payments are in the best interests of shareholders and comply with applicable laws and agreements [4]. - The payment of dividends will be made according to the anticipated record and payment dates unless changed by the Board [4]. Company Overview - Silicon Motion is a global leader in supplying NAND flash controllers for solid-state storage devices, with a strong market presence in SSD controllers for servers, PCs, and other client devices [6]. - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones and IoT devices, serving major NAND flash vendors and OEMs [6].

Core Insights - Silicon Motion Technology Corporation, a leader in NAND flash controllers, will release its Q3 2025 financial results on October 30, 2025, followed by a conference call on October 31, 2025 [1][2] Company Overview - Silicon Motion is the global leader in supplying NAND flash controllers for solid state storage devices, providing more SSD controllers than any other company for servers, PCs, and client devices [3] - The company is also the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices, and other applications [3] - Silicon Motion's customer base includes major NAND flash vendors, storage device module makers, and leading OEMs [3]

Company Overview - Silicon Motion Technology Corporation is a global leader in NAND flash controllers for solid state storage devices, supplying more SSD controllers than any other company worldwide for servers, PCs, and other client devices [3] - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices, and other applications [3] - Silicon Motion also provides customized high-performance solutions for hyperscale data centers and specialized industrial and automotive SSDs [3] Financial Results Announcement - The company plans to release its second quarter 2025 financial results after the market closes on July 30, 2025 [1] - A conference call will be hosted on July 31, 2025, at 8:00 a.m. Eastern Time, with participants required to pre-register [1][2]

Core Insights - Silicon Motion Technology Corporation has appointed Mr. Jeffrey Ju as Senior Vice President of Platform & Strategy to enhance strategic platform development and ecosystem partnerships [1][2] - Mr. Ju will focus on engaging with top-tier customers in various markets including PC, smartphone, automotive, and server, while also strengthening global R&D capabilities [2][3] - His previous experience includes co-founding ZEKU Technology and significant roles at MediaTek, where he contributed to growing the mobile chipset business to over US$4 billion annually [3] Company Overview - Silicon Motion is a global leader in designing and marketing NAND flash controllers for solid-state storage devices, supplying more SSD controllers than any other company worldwide [4] - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones and IoT devices, and also provides customized high-performance solutions for data centers and automotive applications [4]

Group 1 - Silicon Motion Technology Corporation is a global leader in designing and marketing NAND flash controllers for solid state storage devices [1][2] - The company will participate in several upcoming conferences, including the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 14, 2025, and the Bank of America Securities 2025 Global Technology Conference on June 3, 2025 [1] - Silicon Motion supplies more SSD controllers than any other company globally for servers, PCs, and other client devices, and is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones and IoT devices [2] Group 2 - The company also provides customized high-performance solutions for hyperscale data centers and specialized industrial and automotive SSD applications [2] - Silicon Motion's customer base includes most NAND flash vendors, storage device module makers, and leading OEMs [2] - Interested parties can access live audio webcasts of the company's presentations on its Investor Relations website, with replays available for 90 days [1]

Core Insights - Silicon Motion Technology Corporation reported a decrease in net sales for Q1 2025, with GAAP net sales at $166.5 million, down 13% quarter-over-quarter and 12% year-over-year [3][7] - The company experienced a decline in both GAAP and non-GAAP net income, with GAAP net income at $19.5 million ($0.58 per diluted ADS) and non-GAAP net income at $20.3 million ($0.60 per diluted ADS) [4][6] - Despite the challenging macro environment, the company noted strong demand for its PCIe Gen 5 controller, driven by AI inference needs and a rebound in the smartphone market [5][11] Financial Highlights - Q1 2025 GAAP net sales: $166.5 million, down from $191.2 million in Q4 2024 [3][6] - GAAP gross margin improved to 47.1% from 45.8% in Q4 2024, while operating margin decreased to 5.9% from 9.3% [6][24] - Non-GAAP operating profit for Q1 2025 was $14.9 million, with a non-GAAP operating margin of 8.9% [6][27] Sales Performance - SSD controller sales decreased by 10% to 15% quarter-over-quarter and 20% to 25% year-over-year [7] - eMMC and UFS controller sales saw a decline of 15% to 20% quarter-over-quarter but only 0% to 5% year-over-year [7] - SSD solutions sales dropped by 20% to 25% quarter-over-quarter and 35% to 40% year-over-year [7] Shareholder Returns - The company announced a new $50 million share repurchase program, with $24.3 million repurchased in Q1 2025 at an average price of $56.96 per ADS [10][11] Business Outlook - The company anticipates revenue growth driven by new product introductions, including an 8-channel PCIe Gen 5 controller and UFS 4.1 controllers, expected to ramp up in the second half of 2025 [11] - Management projects Q2 2025 revenue to be between $175 million and $183 million, representing a quarter-over-quarter increase of 5% to 10% [11][12]