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Press Releases
 
 
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DateTitle 
12/17/07Silicon Motion Technology Corporation Confirms Previously Released Guidance for Fourth Quarter 2007
TAIPEI, Taiwan, Dec. 17 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO; the "Company"), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, today confirmed its top-line guidance for the fourth quarter of 2007. In its press release dated October 30, 2007, which contained the earnings report for th... 
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10/30/07Silicon Motion Announces Third Quarter Results for the Period Ended September 30, 2007: Sales & Net Income Set New Third Quarter Record
Third Quarter 2007 Financial Highlights: -- Net sales increased 44% year-over-year to US$45.8 million, a new record high -- Gross margin excluding stock-based compensation was slightly higher from 2Q07 at 53.2% -- GAAP gross margin rose slightly to 53.0% -- Operating margin excluding stock-based compensation and acquisition- related charges decreased slightly from 32.0% in 2Q07 to 31.7% -- Net income excluding stock based-comp... 
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10/15/07Silicon Motion Technology Corporation Announces 2007 Third Quarter Earnings Conference Call
SAN JOSE, California and TAIPEI, Taiwan, Oct. 15 /PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a fabless semiconductor company that designs, develops, and markets universally compatible, high- performance, low-power semiconductor solutions for the multimedia consumer electronics market, plans to release its 2007 third quarter results after the market closes on October 30, 2007. The Company will host a conference call on October 31, at 8 am, Eastern Ti... 
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07/30/07Silicon Motion Announces Second Quarter Results for the Period Ended June 30, 2007
Sales & Net Income Set New Second Quarter Record TAIPEI, Taiwan, July 30 /Xinhua-PRNewswire-FirstCall/ -- Second Quarter 2007 Financial Highlights: -- Net sales increased 111% year-over-year to US$44.1 million -- Gross margin excluding FCI was largely flat from 1Q07 at 53.0%(1) -- GAAP gross margin declined slightly to 52.6% -- Operating margin excluding FCI increased to 28.8% from 27.8% in 1Q07 (1) -- GAAP net income i... 
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07/23/07Silicon Motion Technology Corporation Announces Upgrade of Listing to the NASDAQ Global Select Market
TAIPEI, Taiwan, July 23 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, today announced that The Nasdaq Stock Market has approved the listing of the Company's ADSs on the Nasdaq Global Select Market ("Global Select Market"). The ADSs will be transfer... 
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07/17/07Silicon Motion Technology Corporation Announces 2007 Second Quarter Earnings Conference Call
SAN JOSE and TAIPEI, July 17 /PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low- power semiconductor solutions for the multimedia consumer electronics market, plans to release its 2007 second quarter results after the market closes on July 30, 2007. The Company will host a conference call on July 31, at 8 am, Eastern Time, to discuss its result... 
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04/30/07Silicon Motion Announces Closing of its Acquisition of FCI, Inc.
Portfolio of Solutions for Mobile Devices Expanded TAIPEI, Taiwan, April 30, 2007 /Xinhua-PRNewswire-FirstCall via COMTEX News Network/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, announced today that it has completed its previously announced acquisition of Future Communication... 
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04/26/07Silicon Motion Announces First Quarter Results for the Period Ended March 31, 2007: Sales & Net Income Set New First Quarter Record
First Quarter 2007 Financial Highlights: * Sales increased 107% year-over-year to NT$1,172 million (US$35.5 million) * Gross margin remained unchanged from 4Q06 at 53.5% * Operating margin increased to 27.8% from 25.4% in 4Q06 * Net income increased 138% year-over-year to NT$326 million (US$9.9 million) in 1Q07 * Diluted earnings per American Depositary Share (ADS) were NT$10.19 (US$0.31), up 133% from NT$4.38 (US$0.14) in 1Q06 Busines... 
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04/18/07Teleconference: Silicon Motion Announces Agreement to Acquire FCI, Inc.
SAN JOSE, Calif. and TAIPEI, Taiwan, April 18 /PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a fabless semiconductor company that designs, develops, and markets universally compatible, high- performance, low-power semiconductor solutions for the multimedia consumer electronics market, plans to announce agreement to acquire Future Communications IC, Inc. ("FCI") after the market closes on April 18, 2007. The Company will host a conference call on April 1... 
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04/18/07Silicon Motion Announces Agreement to Acquire FCI, Inc.
Expands Product Portfolio TAIPEI, Taiwan, April 18 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, announced today that it has entered into a definitive agreement to acquire Future Communications IC, Inc., (''FCI'') a l... 
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04/12/07Silicon Motion Technology Corporation Announces 2007 First Quarter Earnings Conference Call
SAN JOSE, Calif. and TAIPEI, China, April 12, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a fabless semiconductor company that designs, develops, and markets universally compatible, high- performance, low-power semiconductor solutions for the multimedia consumer electronics market, plans to release its 2007 first quarter results after the market closes on April 26, 2007. The Company will host a conference call on April 27, at... 
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04/03/07Silicon Motion Appoints Riyadh Lai as Chief Financial Officer
TAIPEI, Taiwan, April 3 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO; the "Company"), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, announced today that Riyadh Lai, former Head of Technology Group at ING Corporate Finance, Asia, will become the Company's Chief Financial Officer. Riyadh will rep... 
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03/20/07Silicon Motion Technology Corporation Raises Guidance for First Quarter 2007
TAIPEI, Taiwan, March 20 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO; "the Company"), a leading fabless semiconductor company that designs, develops, and markets universally compatible, high-performance, low-power semiconductor solutions for the multimedia consumer electronics market, today raised its top-line guidance for the first quarter of 2007. In the fourth quarter 2006 earnings release dated February 1, 2007, the Company anticipated ... 
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02/01/07Silicon Motion Technology Corporation Announces Resignation of Chief Financial Officer
TAIPEI, Taiwan, Feb. 1 /Xinhua-PRNewswire-FirstCall/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO) today announced that Richard Wei, Chief Financial Officer and Principal Accounting Officer, resigned from his position effective January 31, 2007. He has been recruited by a pre-IPO company in China. Jason Chiang, Vice President and Special Assistant to Chief Executive Officer of Silicon Motion, will assume the additional responsibilities of Chief Financial Officer until... 
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02/01/07Silicon Motion Announces Fourth Quarter and Full-Year Results for the Period Ended December 31, 2006
Sales & Net Income Set New Record TAIPEI, Taiwan, Feb. 1 /Xinhua-PRNewswire-FirstCall/ -- Fourth Quarter 2006 Financial Highlights: -- Sales increased 34% year-over-year and 13% sequentially to NT$1,171 million (US$35.6 million) -- Gross margin remained unchanged from 3Q06 at 53.5% -- Operating margin, excluding a one-time charge, increased to 29.0% from 28.0% in 3Q06 -- Net income increased 36% year-over-year a... 
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01/18/07Silicon Motion Technology Corporation Announces 2006 Fourth Quarter Earnings Conference Call
SAN JOSE, Calif. and TAIPEI, Taiwan, Jan 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Silicon Motion Technology Corporation (Nasdaq: SIMO), a fabless semiconductor company that designs, develops, and markets universally compatible, high- performance, low-power semiconductor solutions for the multimedia consumer electronics market, plans to release its 2006 fourth quarter results after the market closes on February 1, 2007. The Company will host a conference call on February 2... 
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