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 (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.
Silicon Motion (SIMO) has announced its participation in Embedded World 2025, showcasing advanced storage and display solutions. The company will present several key products including:
The SM2264XT-AT, an automotive-grade PCIe Gen4 SSD controller with SR-IOV capability supporting up to eight virtual machines, certified for AEC-Q100 Grades 2/3 and achieving ASPICE Level 3 certification.
The Ferri Family of embedded storage solutions, featuring NANDXtend® ECC and IntelligentScan™ technologies for industrial and AIoT applications.
The SM770 display interface SoC supporting triple 4K UHD displays with proprietary CAT™ 2.0 technology and InstantView® software.
The MonTitan™ 128TB QLC SSD development kit, featuring PCIe Gen5 technology with sequential read speeds over 14 GB/s and random read performance exceeding 3.3 million IOPS, optimized for AI workloads.
Silicon Motion (SIMO) has achieved ASPICE Capability Level 3 (CL3) certification for its PCIe Gen4 SSD controller, becoming the first SSD controller vendor worldwide to reach this milestone. The certification, assessed by UL Solutions, demonstrates the company's ability to implement standardized workflows and process assets at the corporate level.
The achievement is particularly significant in the context of software-defined and autonomous vehicles, where software quality control is increasingly critical. Silicon Motion's automotive-grade SSD storage solutions feature proprietary firmware designed for durability, performance, and power efficiency. The company's products comply with key automotive standards including AEC-Q100, IATF 16949, ISO 21434, and ISO 26262 ASIL B.
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