TAIPEI, Taiwan and MILPITAS, Calif., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, plans to release its third quarter 2025 financial results after the market closes on October 30, 2025 and will host a conference call on October 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CAL ...

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]

TAIPEI, Taiwan and MILPITAS, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced that it will participate in the following upcoming conferences: J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference Wednesday, May 14, 2025, 8:00 a.m. EDT (webcast) The Westin Boston Seaport District, Boston, MA B. Riley Securities 25th Annual ...

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]