M&G Investment Management Ltd. purchased a significant stake in Silicon Motion Technology Co. during the fourth quarter of 2022. The move came even as Silicon Motion (NASDAQ: SIMO) navigated a period of weaker-than-expected revenue, showing that M&G was betting on long-term growth rather than short-term earnings. Silicon Motion, often shortened to SMI, is a leading […]
Silicon Motion’s decade-long growth drives a 580% return for investors. Silicon Motion Technology Corporation (NASDAQ: SIMO), founded in 1995, has become a leading developer of microcontroller ICs for NAND flash storage devices. The company also designs and markets high-performance, low-power semiconductor solutions for OEMs. Among its customers is Nexcopy Incorporated, a Southern California technology company […]
While forecasting strong sales and profitability in 2008, Silicon Motion projects that demand for low-density NAND flash will beat that for the high-density segment, driven by demand for microSD cards and embedded memory, said company president and CEO Wallace Kou. Silicon Motion guides that annual sales will grow by 25-35% on year with gross margins […]
USBCopier expands its custom USB drive line with fun, personified designs for branding and promotion. Summary: USBCopier releases more options for their custom USB drives to personify any company’s logo or mascot in USB form. Press Release: LAKE FOREST, CA – Orange County, June 6, 2016 – USBCopier, manufacturer of the most customizable USBs […]