Silicon Motion

#4429

Rank

$1.78B

Marketcap

Hong Kong

Country

Leadership team

Mr. Chia-Chang Kou (Founder, Pres, CEO, MD & Director)

Mr. Riyadh Lai (Chief Financial Officer)

Mr. Ken Chen (VP of Operations)

Products/ Services

Flash Storage, Manufacturing, Semiconductor

Number of Employees

1,000 - 20,000

Headquarters

Hsinchu, T'ai-wan, Taiwan

Established

1995

Company Registration

SEC CIK number: 0001329394

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

SIMO

Social Media

URL

https://www.siliconmotion.com

Overview

Location

Recognition and Award

References

Summary

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.

History

Silicon Motion Technology Corporation was formed as the combination of Silicon Motion, Inc., which was established in 1995 in Silicon Valley in the United States, and Feiya Technology Corporation, which was founded in 1997 in Taipei, Taiwan. At the time, mobile graphic chips were the main product of Silicon Motion and NAND controllers were the main products of Feiya Technology Corporation. In 2002, Concord Asia Capital , mediated the merger of the two companies which was completed in August 2002. In 2005 the combined company was renamed Silicon Motion Technology Corporation and began listing on the NASDAQ stock market under the SIMO ticker symbol.

November 1995: Silicon Motion was established in Silicon Valley, U.S.A.

April 1997: Feiya Technology Corporation was established in Taipei, Taiwan.

August 2002: Silicon Motion, Inc. was combined with Feiya Technology Corporation in Taiwan. The headquarters was located in Hsinchu County, Taiwan.

June 2003: Silicon Motion was added to the stock listings of the Taiwan Stock Exchange .

March 2005: The company decided to go public in the US. Silicon Motion Technology Corporation was established in the Cayman Islands, and transferred 100% of its stocks to its branch in Taiwan. The company terminated its application for an emerging stock transaction and withdrew the issuance of its stocks.

April 2005: The company’s listing on the TWSE was terminated.

June 2005: The company was listed on the NASDAQ stock market .

April 2007: The company completed its acquisition of Future Communications IC, Inc. for $US 90 million.

December 2012: The company received “2012 Best Financially Managed Company Award” presented by the Global Semiconductor Alliance .

July 2015: The company completed its acquisition of Shannon Systems for US$57.5 million.

December 2016: The company received “2016 Best Financially Managed Company Award” presented by the Global Semiconductor Alliance .

May 2019: The company announced that it has completed the sale of FCI, its Mobile Communications product line, to Dialog Semiconductor Plc.

May 2022: MaxLinear to Acquire Silicon Motion.

Mission

Our mission is to continue delivering a broad portfolio of consumer storage solutions that anticipate and exceed our customers' expectations in terms of performance, reliability and cost-effectiveness.

Vision

To be the global leader of consumer storage solutions and the most trusted partner to our customers and shareholders.

Key Team

Mr. Kevin Yeh (VP of R&D, Algorithm and Technology)

Mr. Christopher A. Chaney (Director of Investor Relations & Strategy)

Mr. Arthur Yeh (VP of Sales, Asia & Greater China)

Mr. Nelson S. Duann (Sr. VP of Marketing & R&D and Director)

Mr. Robert C. Fan (Pres of SMI USA)

Ms. Michelle Lin (VP of Fin. & Corp. Controller)

Recognition and Awards

Silicon Motion has earned numerous awards, including the 2015 International Flyer Early Adopter Award, the 2012 Gold EC Award, the 2011 Hot 100 Innovation & Creativity Award, the 2010 Outstanding Achievement in Research Award, and the 2010 Golden Card Award