M&G Investment Management Ltd. recently bought more shares of a company called Silicon Motion Technology Co. This company makes small computer parts used in things like phones and cameras. Even though the company didn’t make as much money as people thought it would last year, it still made a lot of money. M&G Investment Management […]
Silicon Motion, or SMI, is a publicly traded company under the ticker symbol SIMO Founded in 1995, Silicon Motion Technology Corporation is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers (“OEM”) such as Nexcopy Incorporated, a […]
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 […]
