Welcome to our dedicated page for Silicon Motion Technology news (Ticker: SIMO), a resource for investors and traders seeking the latest updates and insights on Silicon Motion Technology stock.
Silicon Motion Technology Corp (SIMO) delivers cutting-edge NAND flash controllers and storage solutions powering smartphones, data centers, and automotive systems worldwide. This dedicated news hub provides investors and industry professionals with centralized access to official announcements, strategic developments, and technological breakthroughs.
Track critical updates including quarterly earnings disclosures, product launch details, and partnership agreements. Our curated collection spans innovations in SSD controllers, embedded storage advancements, and enterprise storage solutions – all essential for understanding SIMO's role in enabling next-generation semiconductor applications.
Discover updates across key operational areas: mobile storage innovations for 5G devices, automotive-grade controller developments, and data center storage architectures. Each announcement is verified at source to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for real-time access to Silicon Motion's evolving market position. Monitor how their controller designs continue shaping storage efficiency in AI-driven devices, industrial IoT systems, and hyperscale computing environments.
Silicon Motion Technology Corporation (NasdaqGS: SIMO), a leader in NAND flash controllers, has appointed Jeffrey Ju as Senior Vice President of Platform & Strategy. In this role, Ju will focus on strategic platform development, ecosystem partnerships, and deepening executive-level engagement with key customers across PC, smartphone, automotive, and server markets.
Ju brings 30 years of semiconductor industry leadership experience and will serve on the SMI Capital Committee, contributing to strategic investments, acquisitions, and post-acquisition integration. His most recent role was Co-Founder and Chief Strategy Officer at ZEKU Technology, where he led a team of over 3,000 engineers. Previously, as Executive Vice President and Co-COO at MediaTek, he grew the mobile chipset business to over US$4 billion annually, establishing MediaTek as the world's No.2 mobile phone chipset vendor.
Silicon Motion (NASDAQ:SIMO) has announced the successful compatibility validation of its Universal Flash Storage (UFS) solution with the Qualcomm® Snapdragon® Cockpit SA8295P Platform. The integration enables superior performance and multitasking support with ASIL B compliance for automotive applications.
The solution features UFS 3.1 advanced capabilities, including HS-Gear4 x 2-lane mode and command queuing, while supporting extended temperature range and flexible capacity. Silicon Motion's collaboration with Qualcomm is expanding to include additional platforms such as Snapdragon Ride Flex (SA8775P) and Snapdragon Ride ADAS (SA8650P).
The company's automotive solutions comply with key industry standards including AEC-Q100, ISO 26262, ISO 21434, IATF 16949, and ASPICE.
Silicon Motion (NASDAQ: SIMO) has unveiled two new SSD controllers at COMPUTEX 2025: the SM2504XT and SM2324. The SM2504XT is a PCIe Gen5 DRAM-less controller built on TSMC's 6nm process, delivering up to 11.5 GB/s sequential read and 11.0 GB/s write speeds while consuming under 5W - an 11% improvement in performance per watt over its predecessor.
The SM2324 is introduced as the world's first single-chip portable SSD controller with native USB4 support and built-in Power Delivery, capable of sequential read/write speeds up to 4,000MB/s and supporting storage capacities up to 32TB. Both controllers support the latest 3D TLC and QLC NAND technologies, targeting AI PCs, gaming systems, and portable devices.
Silicon Motion Technology Corporation (NASDAQ: SIMO), a leading NAND flash controller designer, has announced its participation in four major investor conferences in May and June 2025:
- J.P. Morgan Global Technology Conference (May 14, Boston) - Including webcast
- B. Riley Securities Institutional Investor Conference (May 21, Los Angeles) - Meetings only
- Bank of America Global Technology Conference (June 3, San Francisco) - Including webcast
- Bank of America Asia Conference (June 10, New York) - Meetings only
Live webcasts, where available, can be accessed through Silicon Motion's Investor Relations website, with replays available for 90 days post-event.
Silicon Motion Technology reported Q1 2025 financial results showing revenue of $166.5 million, marking a 13% decrease quarter-over-quarter and 12% year-over-year. The company's GAAP net income reached $19.5 million, with earnings of $0.58 per ADS.
Key performance indicators include:
- Gross margin improved to 47.1%
- Operating margin at 5.9% (GAAP) and 8.9% (non-GAAP)
- SSD controller sales declined 10-15% Q/Q
- eMMC+UFS controller sales decreased 15-20% Q/Q
The company announced a new $50 million share repurchase program and repurchased $24.3 million of ADSs at an average price of $56.96. Despite challenging market conditions, Silicon Motion expects Q2 2025 revenue growth of 5-10% Q/Q, targeting a $1 billion revenue run rate by year-end, supported by new product launches including PCIe Gen 5 controllers and UFS solutions.
Silicon Motion Technology reported Q1 2025 financial results with net sales of $166.5 million, showing a 13% decrease quarter-over-quarter and 12% year-over-year decline. The company's gross margin improved to 47.1%, while operating margin was 5.9% (GAAP) and 8.9% (non-GAAP).
Key performance indicators showed declines across major segments: SSD controller sales decreased 10-15% Q/Q, eMMC+UFS controller sales fell 15-20% Q/Q, and SSD solutions sales dropped 20-25% Q/Q. Despite challenges, the company announced a new $50 million share repurchase program, with $24.3 million already executed at an average price of $56.96 per ADS.
Looking ahead, Silicon Motion expects Q2 2025 revenue between $175-183 million, representing 5-10% Q/Q growth. The company remains optimistic about H2 2025, targeting a $1 billion revenue run rate by year-end, supported by new product launches including PCIe Gen 5 controllers and UFS solutions.
Silicon Motion Technology (SIMO) has confirmed its quarterly cash dividend payment schedule. The company's Board of Directors previously declared an annual dividend of US$2.00 per ADS (US$0.50 per ordinary share) on October 28, 2024, to be distributed in four quarterly installments of $0.50 per ADS (US$0.125 per ordinary share).
The next quarterly dividend payment is scheduled for May 22, 2025, with a record date of May 8, 2025. The depository bank's DR Books will be closed for issuance and cancellation on May 8, 2025. Future dividend payments remain subject to Board approval and compliance with applicable laws and agreements.
Silicon Motion Technology (SIMO), a leading provider of NAND flash controllers for solid state storage devices, has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will release its Q1 2025 financial results after market close on April 29, 2025.
A conference call is scheduled for April 30, 2025 at 8:00 a.m. Eastern Time. Interested participants must pre-register for the call through the provided registration link. Upon registration, participants will receive conference access information, including dial-in details and a unique access PIN. The earnings call will also be accessible via webcast on Silicon Motion's website.
Silicon Motion (SIMO) has unveiled the world's first 128TB PCIe Gen5 Enterprise SSD Reference Design Kit (RDK) based on their MonTitan™ platform. The groundbreaking design incorporates the enterprise-grade SM8366 controller, supporting PCIe Gen5 x4 NVMe 2.0 and OCP 2.5 data center specifications.
The SSD delivers exceptional performance metrics, including sequential read speeds over 14 GB/s and random read performance exceeding 3.3 million IOPS, offering a 25% improvement compared to other Gen5 high-capacity solutions. Built with 2Tb die QLC NAND, the design features enterprise-optimized firmware and supports NVMe 2.0 FDP and proprietary PerformaShape™ technology for enhanced data management.
The RDK is now available for sampling to select partners, with companies like Innodisk and Exascend already collaborating on enterprise SSD development for AI servers and data centers.
Silicon Motion Technology (SIMO), a leading NAND flash controller designer, has announced its participation in three major investor conferences in March 2025:
- Loop Capital's 6th Annual Investor Conference on March 11 at The Lotte New York Palace Hotel (meetings only)
- 37th Annual Roth Conference on March 17 at 3:30 p.m. PDT at The Laguna Cliffs Marriott Resort & Spa in Dana Point, California (with webcast)
- Bank of America Securities 2025 Asia Tech Conference on March 19 at Grand Hyatt Taipei, Taiwan (meetings only)
Investors can access the live audio webcast of the company's Roth Conference presentation through Silicon Motion's website Investor Relations section. The webcast recording will remain available for 90 days after the event.
FAQ
What is the current stock price of Silicon Motion Technology (SIMO)?
What is the market cap of Silicon Motion Technology (SIMO)?
