DOCSLIB.ORG

Company Fact Sheet 2Q 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Company Fact Sheet 2Q 2019 Company Fact Sheet 2Q 2019 Silicon Motion Technology Corporation (NasdaqGS: SIMO) is We are the world’s leading merchant supplier of SSD controllers the global leader in developing NAND flash controllers for SSDs used in PCs and other client devices and leading merchant and other solid state storage devices. We have over 20 years of supplier of eMMC/UFS controllers used in smartphones and IoT experience developing specialized processor ICs that manage devices. NAND components and deliver market leading, We also leverage our controller expertise to supply customized high-performance storage solutions widely used in high-capacity specialty SSD solutions for the Chinese smartphones, PCs, data centers and commercial and industrial hyperscale data center market and small single-chip form factor applications. We have one of the broadest portfolios of SSDs for high-performance industrial, commercial and controller intellectual properties developed from our deep automotive applications. understanding of NAND characteristics, which enables us to design both unique, highly optimized configurable IC plus We market our controllers under the “SMI” brand, related firmware controller platforms and complete turnkey enterprise-grade SSDs under the “Shannon Systems” brand controller solutions. In the last ten years, we have shipped over and single-chip industrial-grade SSDs under the “Ferri SSD” six billion controllers, more than any other company in the world. and “Ferri-eMMC” brands. More NAND flash components, including current and up-coming generations of 3D flash produced by Intel, Micron, We were founded in 1995 in San Jose, California and now Samsung, SK Hynix, Toshiba and Western Digital, are supported operate from corporate offices in Hong Kong, Taiwan and the by Silicon Motion controllers than any other company. Our US. customers include NAND flash makers, storage device module makers, hyperscalers and OEMs. Quick Facts Key Products Founded 1995 . Client SSD controllers — global merchant leader IPO 2005 . eMMC & UFS controllers — global merchant leader NasdaqGS SIMO . Customized specialty SSD solutions — global leader Employees 1,307 (2018 year-end) Sales Mix Revenue EPS* $523m $530m Others 6% $530m 7% FCI $3.41 20% 19% CAGR 30% CAGR 20% SSD Solutions eMMC+UFS 25-30% 33% Controllers SSD 40% 33% Controllers 2017 2018 2010 2018 2010 2018 * Non-GAAP Chris Chaney Selina Hsieh Investor Contacts Director of IR & Strategy Investor Relations E-mail: [email protected] E-mail: [email protected] Company Fact Sheet 2Q 2019 Revenue* Analyst Coverage ( $m, %YoY ) 131 131 Firm Analyst 116 B. Riley FBR Craig A. Ellis 89 94 Bank of America Merrill Lynch Simon Dong-je Woo Cowen & Co Karl Ackerman Craig-Hallum Capital Group Anthony J. Stoss 2Q 2018 3Q 2018 4Q 2018 1Q 2019 2Q 2019 J.P. Morgan Gokul Hariharan * Non-GAAP Continuing Operations KeyBanc Capital Markets Weston Twigg Earnings per ADS* Morgan Stanley Charlie Chan ( $, %YoY ) Needham & Company Rajvindra S. Gill 0.92 0.96 0.82 Nomura International Limited Donnie Teng Roth Capital Partners Suji Desilva 0.52 0.42 Susquehanna Financial Group Mehdi Hosseini 2Q 2018 3Q 2018 4Q 2018 1Q 2019 2Q 2019 * Non-GAAP Continuing Operations Margins* Safe Harbor Statement ( % of Revenue ) This fact sheet contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as Gross Margin 50% amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, 30% without limitation, statements regarding trends in the multime- dia consumer electronics market, our potential growth in new Operation Margin markets and our future results of operations, financial condition and business prospects. Although such statements are based 2Q 2018 3Q 2018 4Q 2018 1Q 2019 2Q 2019 on our own information and information from other sources we * Non-GAAP Continuing Operations believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and Cash Balance actual market trends or our actual results of operations, financial condition or business prospects may differ materially ( $m ) from those expressed or implied in these forward looking 364 345 statements for a variety of reasons. 308 289 281 Corporate Offices ∙ Unit 04-05, 27/F, #909 Cheung Sha Wan Rd., Cheung Sha Wan, Kowloon, Hong Kong ∙ 8/F, #36 Taiyuan St., Jhubei, Hsinchu 30265, Taiwan 2Q 2018 3Q 2018 4Q 2018 1Q 2019 2Q 2019 ∙ 690 N. McCarthy Blvd. Suite 200, Milpitas, CA 95035, USA.
Load more

Recommended publications
  • Redacted Public Version 28
    Case3:11-cv-04689-WHO Document250 Filed06/11/14 Page1 of 109 MICHAEL S. ELKIN (admitted pro hac vice) 1 [email protected] THOMAS P. LANE (admitted pro hac vice) 2 [email protected] WINSTON & STRAWN LLP 3 200 Park Avenue New York, NY 10166-4193 4 Telephone: 212.294.6700 Facsimile: 212.294.4700 5 ERIN R. RANAHAN (No. 235286) 6 [email protected] DREW A. ROBERTSON (No. 266317) 7 [email protected] WINSTON & STRAWN LLP 8 333 S. Grand Avenue, Suite 3800 Los Angeles, CA 90071-1543 9 Telephone: 213.615.1700 Facsimile: 213.615.1750 10 DANIEL B. ASIMOW (No. 165661) 11 [email protected] ROBERT D. HALLMAN (No. 239949) 12 [email protected] ARNOLD & PORTER LLP 13 Three Embarcadero Center, 10th Floor San Francisco, CA 94111-4024 14 Telephone: 415.471.3100 Facsimile: 415.471.3400 15 Attorneys for Plaintiff 16 PNY TECHNOLOGIES, INC. 17 UNITED STATES DISTRICT COURT 18 NORTHERN DISTRICT OF CALIFORNIA 19 SAN FRANCISCO DIVISION 20 21 PNY TECHNOLOGIES, INC., Case No.: 11-cv-04689 WHO 22 Plaintiff, THIRD AMENDED COMPLAINT FOR 23 ANTITRUST VIOLATIONS; v. DECLARATORY RELIEF; AND 24 UNFAIR COMPETITION SANDISK CORPORATION, 25 DEMAND FOR JURY TRIAL Defendant. 26 27 REDACTED PUBLIC VERSION 28 PNY’S THIRD AMENDED COMPLAINT 11-cv-04689-WHO LA:355215.1 Case3:11-cv-04689-WHO Document250 Filed06/11/14 Page2 of 109 1 Plaintiff PNY Technologies, Inc. (“PNY”), by and through its attorneys, Winston & Strawn 2 LLP and Arnold & Porter LLP, files this Third Amended Complaint against Defendant SanDisk 3 Corporation (“SanDisk”) to secure damages, declaratory relief and injunctive relief, and demanding 4 trial by jury, claims and alleges as follows: 5 NATURE OF ACTION 6 1.
    [Show full text]
  • 2Q 2012 Company Fact Sheet
    www.siliconmotion.com Company Fact Sheet 2Q 2012 Quick Facts Founded 1995 Silicon Motion is a global leader and pioneer in developing microcontroller ICs for NAND flash storage devices and specialty RF ICs for mobile devices. Our products are widely IPO 2005 used in many of the leading smartphones and other mobile devices in the market today. NasdaqGS SIMO More NAND flash products, especially next generation flash, whether produced by Revenue US$224 million (2011) Samsung, SanDisk, Toshiba, Micron, Intel or SK Hynix, are supported by Silicon Motion Employees 642 (2011 year-end) controllers than any other company. Silicon Motion leads the industry in supplying innovative controllers for managing the the most advanced process geometry NAND flash and the latest generation TLC (3-bits per cell) flash. We are a leader in memory card and flash drive controllers and are increasingly focused on eMMC and SSD controllers for Revenue Mix (2Q 2012) smartphones, tablets, and notebook PCs. Silicon Motion is also a dedicated provider of 4G LTE transceivers for Samsung’s smartphone and tablets, as well as a leading provider of mobile TV ICs. We market our Mobile Storage products under the “SMI” brand and Mobile Communications products under the “FCI” brand. 73% Mobile Storage Mobile Storage 22% Rapid growing Solid State Drive (SSD) and embedded flash Mobile Communications controllers, including for eMMC, that target storage needs in a wide range of devices including smartphones, tablets, notebook PCs, as well as networking and industrial applications
    [Show full text]
  • Fiscal Year 2020 Form 10-K
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-30877 Marvell Technology Group Ltd. (Exact name of registrant as specified in its charter) Bermuda 77-0481679 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda (Address of principal executive offices) (441) 296-6395 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common shares, $0.002 par value per share MRVL The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • 2Q 2014 Company Fact Sheet
    www.siliconmotion.com Company Fact Sheet 2Q 2014 Quick Facts We are a fabless semiconductor company that designs, develops and markets high performance, low-power semiconductor solutions to OEMs and other customers in the Founded 1995 mobile storage and mobile communications markets. For the mobile storage market, our IPO 2005 key products are microcontrollers used in solid state storage devices such as SSDs, eMMCs and other embedded flash applications, as well as in removable storage products NasdaqGS SIMO such as memory cards and USB flash drives. More NAND flash products, especially next Revenue US$225 million (2013) generation flash, whether produced by Samsung, SanDisk, Toshiba, Micron or SK Hynix Employees 731 (2013 year-end) are supported by Silicon Motion controllers than any other company. We are the leading merchant supplier of controllers for eMMC embedded memory used in smartphones and tablets and are increasingly focused on client SSD controllers for PCs and other applications. For the mobile communications market, our key products are handset Revenue Mix (2Q 2014) transceivers and mobile TV SoCs. We are the dedicated provider of 4G LTE transceivers for Samsung’s smartphones and tablets. We market our Mobile Storage products under the “SMI” brand and Mobile Communications products under the “FCI” brand. Mobile Storage Our SSD+Embedded products include eMMC controllers for Mobile embedded memory in smartphones and tablets, SATA III client Communications 85% Mobile Storage SSD controllers for PCs and Ultrabooks, and FerriSSD
    [Show full text]
  • Micron: NAND Flash Architecture and Specification Trends
    NAND Flash Architecture and Specification Trends Michael Abraham ([email protected]) Applications Engineering Manager Micron Technology, Inc. Santa Clara, CA USA August 2009 1 Abstract As NAND Flash continues to shrink, page sizes, block sizes, and ECC requirements are increasing while data retention, endurance, and performance are decreasing. These changes impact systems including random write performance and more. Learn how to prepare for these changes and counteract some of them through improved block management techniques and system design. This presentation also discusses some of the tradeoff myths – for example, the myth that you can directly trade ECC for endurance Santa Clara, CA USA August 2009 2 NAND Flash: Shrinking Faster Than Moore’s Law 200 100 Logic 80 DRAM on (nm) ii 60 NAND Resolut 40 Micron 32Gb NAND (34nm) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Semiconductor International, 1/1/2007 Santa Clara, CA USA August 2009 3 Memory Organization Trends Over time, NAND block size is increasing. • Larger page sizes increase sequential throughput. • More pages per block reduce die size. 4,194,304 1,048,576 262,144 65,536 16,384 4,096 1, 024 256 64 16 Block size (B) Data Bytes per Page Pages per Block Santa Clara, CA USA August 2009 4 Consumer-grade NAND Flash: Endurance and ECC Trends Process shrinks lead to less electrons ppgger floating gate. ECC used to improve data retention and endurance. To adjust for increasing RBERs, ECC is increasing exponentially to achieve equivalent UBERs. For consumer applications, endurance becomes less important as density increases.
    [Show full text]
  • DM SM2246XT Vnf V1
    SM2246XT SATA 6Gb/s DRAM-less SSD Controller The SM2246XT is a high-performance SATA 6Gb/s SSD controller ideally suited for cost-effective, small form factor and low power client and industrial storage solutions for PCs, Ultrabooks, Tablet PCs, and other embedded applications. The single-chip, DRAM-less design reduced BOM cost without compromizing performance while enabling 2.5", 1.8", slim SATA(MO-297), mSATA(MO-300) and M.2 form factor SSDs. Its ultra-low power consumption effectively extends battery life and optimizes user experience. The SM2246XT fully supports the latest generation NAND in high-speed Toggle, ONFI, or Async mode, enabling high capacity and highly reliable SSDs on the market. KEY FEATURES Ultra High Performance Package Options Sequential Read: 520 MB/s* 88-pin QFN: 2-channel flash interface supports up Sequential Write: 300 MB/s* to 4 NAND flash devices Random Read: 28,000 IOPS* 144-ball TFBGA: 4-channel flash interface supports Random Write: 65,000 IOPS* up to 16 NAND flash devices Best-in-class Low Power Available in Commercial and Industrial Grade Average power consumption: 50mW (based on MobileMark’12) Slumber < 20mW DEVSLP < 2mW * 120GB SSD with Toshiba 19nm MLC FEATURES Host Interface Data Protection and Reliability Industrial Standard SATA Revision 3.1 compliant Supports ATA8 security feature set Industrial Standard ATA/ATAPI-8 and ACS-2 command Hardware BCH ECC capable of correcting errors up to compliant 66-bit/1KB Supports SATA interface rate of 6Gb/s (backward Internal data shaping technique increases data
    [Show full text]
  • Visiontek 1.0TB Go Drive Low Profile 7Mm
    VisionTek 1.0TB Go Drive Low Profile 7mm SSD Specifications VisionTek Part Number 900781 Sustained Peak Data Rates: Up to 550MB/s (read), 459MB/s (write) For Windows®, Mac® OS X®, and Linux® based computers 4KB Random Write: Up to 74K IOPS Controller: Silicon Motion (SMI) 2246EN When your definition of high-performance means Capacity: 1.0TB (1024GB) total flash both speed and reliability, the Go Drive SSD series memory* is the answer. NAND Flash Memory Type: Tier 1 asynchronous MLC Engineered for long-term real-world use, you’ll Form Factor: 2.5” 7.0mm height experience speeds up to 550MB/s read and 459MB/s Interface: SATA 3.0 compliant to write, up to 100x greater data reliability than a costly support SATA 6Gb/s, 3Gb/s and 1.5Gb/s Enterprise class HDD, and access times up to 50x applications faster than a conventional HDD. It’s SATA 6G ready, Format: Unformatted but backward compatible with SATA 3G and 1.5G Key Technology Features: S.M.A.R.T. machines too making a 1.0TB Go Drive SSD the reporting technology, global wear upgrade solution for everything from a desktop levelling, early weak block retirement workhorse to the latest ultra-thin laptop. Native Command Queuing (NCQ): Up to 32 commands The Go Drive is perfect for: ECC Recovery: Up to 66 bits correctable • Power Users per 1024 byte sector (BCH) • Home Offices Security: Chip Based Data Encryption: • Gamers 128-bit AES-compliant • Digital Photographers Nonrecoverable Read Errors: Less than 1 • Creative Professionals sector per 1016 bits read Trim Support: OS Dependent Designed For Real World Use Interfaces: 1 x Serial ATA-600 - 7 pin Serial ATA Because it features a Silicon Motion Controller and Compatible Bays: 1 x internal - 2.5” tier one high-performance NAND flash, the 1.0TB Size: .37” (D) x 2.6” (W) x 3.9” (H) Go Drive Low Profile SSD is designed to deliver top Weight: .26lbs speeds with the files you utilize daily…videos, mp3s, graphics files, and zip files.
    [Show full text]
  • Onfi: Achieving Breakthrough NAND Performance
    ONFi: Achieving Breakthrough NAND Performance Amber Huffman Principal Engineer Intel Corporation Agenda ONFi Workgroup Update – Mission and membership – ONFi 2.0 specification completed – NAND connector specification completed – JEDEC collaboration established High-speed NAND interface details Extending the high-speed interface 2 Agenda ONFi Workgroup Update – Mission and membership – ONFi 2.0 specification completed – NAND connector specification completed – JEDEC collaboration established High-speed NAND interface details Extending the high-speed Interface 3 Mission… Possible. NAND has been the only commodity memory with no standard interface – Command set, timings, and pin-out are similar among vendors NAND has been ripe for standardization due to a few inflection points: – 1) Explosion in use of NAND for MP3 players, phones, caches, and SSDs – 2) Increase in number of NAND vendors serving the market (2 to 6+) ONFi Workgroup was formed in May 2006 to address “gap” – ONFI = Open NAND Flash Interface ONFi revision 1.0 delivered in December 2006, defines: – Uniform NAND electrical and protocol interface • Raw NAND component interface for embedded use • Includes timings, electrical, protocol • Standardized base command set – Uniform mechanism for device to report its capabilities to the host ONFI 1.0 sets a solid foundation for NAND (r)evolution. 4 A-Data Afa Technologies Alcor Micro Aleph One Anobit Tech. Apacer Arasan Chip Systems ASMedia Technology ATI Avid Electronics BitMicro Biwin Technology Chipsbank Cypress DataFab Systems DataIO Datalight Denali Software Entorian FCI FormFactor Foxconn Fusion Media Tech Genesys Logic Hagiwara Sys-Com HiperSem Hitachi GST Hyperstone InCOMM Indilinx Inphi Intelliprop ITE Tech Jinvani Systech Kingston Technology Lauron Technologies Lotes LSI Macronix Marvell Mentor Graphics Metaram Members Moai Electronics Molex NVidia Orient Semiconductor P.A.
    [Show full text]
  • In the United States District Court for the Western District of Wisconsin
    IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF WISCONSIN - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - SANDISK CORPORATION, OPINION and ORDER Plaintiff, v. 10-cv-243-bbc KINGSTON TECHNOLOGY CO., INC. and KINGSTON TECHNOLOGY CORP., Defendants. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - This lawsuit is the third such action brought by plaintiff SanDisk Corporation against defendants Kingston Technology Co., Inc. and Kingston Technology Corp. for infringement of plaintiff’s patents related to flash memory technology. In this lawsuit, at issue are six patents belonging to plaintiff: United States Patents Nos. 7,397,713 (‘713 patent); 7,492,660 (‘660 patent); 7,657,702 (‘702 patent); 7,532,511 (‘511 patent); 7,646,666 (‘666 patent); and 7,646,667 (‘667). These patents all share specifications with patents brought in two previous lawsuits, Cases Nos. 07-cv-605-bbc and 07-cv-607-bbc. Now before the court are defendants’ motion for summary judgment of noninfringement, plaintiff’s motion to strike portions of that motion and to strike portions of a rebuttal expert report, motions from both parties for leave to file additional briefing on the motion to strike, and defendants’ motion for leave to file corrected versions of expert reports. I will grant the motions for leave to file additional briefing but deny the motion to strike and grant the 1 motion to file corrected versions of expert reports. I will also grant defendants’ motion for summary judgment of noninfringement in full. As a result, it is not necessary to address the question of damages, and in my discretion I decline to exercise jurisdiction over the remaining invalidity claims and will thus deny the motion for summary judgment of invalidity.
    [Show full text]
  • Visual Nand Reconstructor
    VISUAL NAND RECONSTRUCTOR Product specification www.rusolut.com VISUAL NAND RECONSTRUCTOR NAND READER NAND ADAPTERS SOFTWARE VISUAL NAND RECONSTRUCTOR is a tool for chip-off data recovery and digital forensic expertise of broken NAND flash storage devices. The VNR kit consists of NAND memory chip reader, adapters and software. The Reader reads a physical image (dump) out of a flash memory chip via special adapter. Then software processes physical image and convert it to the logical image with file system. Forensical analysis of specific blocks allows to retrieve old and “erased” data. Supported data storage devices USB Flash disks, Solid State Drives, SD cards, Monolithic flash media, Micro SD cards, MS cards, XD cards, Digital voice recorders, MP3 players, Tablets, Smartphones and other NAND based data storage devices. Typical use Physical damage Electrical damage Firmware failure Thermal damage Non-recognizable disk in OS Analysis of “non-addressed areas” of NAND Supported controllers Alcor Micro (AU), Innostor (IS), Jmicron (JMF), Indilinx (IDX), ITE (IT), Lexar (FC), Phison (PS), Samsung, Sandisk, Silicon Motion (SM), Skymedi (SK), Solid State Systems (SSS), Stec, Toshiba (TC), USBest (UT), others. Supported NAND memory Micron (2Ch), Intel (89h), Toshiba (98h), Sandisk (45h), Hynix (ADh), Samsung (ECh), others ONFI and non-standard. www.rusolut.com Copyright © 2014 Rusolut Sp. z o.o. All rights reserved. NAND READER Functions Read NAND Flash chip Supported NAND Packages TSOP48, LGA52, LGA60, TSOP56, BGA100, BGA152, BGA154, BGA224, Monolithic chips NAND architectures SLC, MLC, TLC Data transfer protocols Asynchronous ONFI, DDR, WL tripple address, WL tripple address with DDR Power adjustment Power adjustment of Core and I/O ports of NAND chips from 1.6V to 4.0V.
    [Show full text]
  • As a New Interface Nvme Enjoys Unprecedented
    As a new interface NVMe enjoys unprecedented breadth and depth of industry support and involvement; a testament to its leading edge technology and to the organization’s openness and inclusiveness. NVMe has the support of companies that range from those who are in the Fortune 50 to those companies who are taking advantage of this technology shift to make their name in the industry. Below is a list of just some of the 100 plus members of the NVM Express organization. Promoter Member Cisco DellEMC NetApp Intel Corporation Oracle America Micron Samsung Microsoft Corporation Seagate Technology Microsemi Western Digital Technologies, Inc. Contributor Member Apeiron Mangstor Avago Technologies Marvell Semiconductor Baidu Mentor Graphics Corporation Beijing Memblaze Technology Co. Ltd. Mobiveil, Inc. Broadcom Corporation NEC Corporation Cadence Design Systems NetBRIC Technology Co., Ltd. Cavium, Inc. OCZ Storage Solutions, Inc. CNEX Labs, Inc. Pavilion Data Systems Crossfield Technology LLC Phison Electronics Corp. Elastifile Ltd. Qlogic Corporation Excelero Quanta Computer Inc. Fujitsu Realtek Semiconductor Corp. G2M Communications Inc. Red Hat Inc. Google, Inc. SANBlaze Technology, Inc. Greenliant Systems Silicon Motion Grace Technology Labs Inc. SK hynix memory solutions, Inc. Hewlett-Packard Company SMART Modular Technologies Hitachi, Ltd. TDK Corporation Huawei Technologies Co. Ltd. Teledyne LeCroy Hyperstone GmbH Tidal Systems, Inc. International Business Machines Corporation Toshiba Corporation IP-Maker ULINK Technology, Inc. JDSU - Storage Network Test Unigen DataStorage Corporation JMicron Technology Corp. VIA Alliance Semiconductor Co., Ltd. Kalray, Inc. X-IO Technologies Kazan Networks Corporation Xilinx Adopter Member Apacer Technology Inc. OSR Open Systems Resources, Inc. Echostreams Innovative Solutions LLC Pivot3 eInfochips, Inc. Qnap Systems, Inc.
    [Show full text]
  • Silicon Motion
    May 27, 2020 Silicon Motion (SIMO) Long Term: 6-12 Months Zacks Recommendation: Neutral (Since: 03/11/20) $44.87 (As of 05/26/20) Prior Recommendation: Outperform Price Target (6-12 Months): $48.00 Short Term: 1-3 Months Zacks Rank: (1-5) 2-Buy Zacks Style Scores: VGM:B Value: C Growth: B Momentum: B Summary Price, Consensus & Surprise Silicon Motion is benefiting from improvement in demand for SSD Solutions. Further, high demand for eMMC and UFS controllers, due to growing adoption of mobile embedded memory controllers, is expected to drive growth. Moreover, the company's second-quarter 2020 revenue guidance holds promise. The company expects to gain from increased PC sales triggered by online learning and work-from-home wave. Further, China’s anticipated economic recovery post lockdown holds promise. Improving demand for UFS mobile embedded memory products in smartphones bodes well. However, uncertain macroeconomic conditions amid the global coronavirus outbreak remain a major concern. Moreover, stiff competition in the semiconductor industry is likely to be a headwind. Notably, shares of the company have underperformed the industry on a year-to-date basis. Data Overview Sales and EPS Growth Rates (Y/Y %) 52 Week High-Low $53.04 - $26.72 Sales EPS 20 Day Average Volume (sh) 436,281 Market Cap $1.6 B YTD Price Change -11.5% Beta 1.26 Dividend / Div Yld $1.40 / 3.1% Industry Electronics - Semiconductors Zacks Industry Rank Top 15% (39 out of 253) Sales Estimates (millions of $) Last EPS Surprise 12.7% Q1 Q2 Q3 Q4 Annual* Last Sales Surprise 1.1% 2021 132 E 142 E 157 E 158 E 595 E EPS F1 Est- 4 week change 9.6% 2020 133 A 140 E 141 E 136 E 550 E Expected Report Date 08/04/2020 2019 95 A 99 A 111 A 153 A 457 A Earnings ESP 0.0% EPS Estimates Q1 Q2 Q3 Q4 Annual* P/E TTM 19.2 2021 $0.72 E $0.80 E $0.94 E $0.95 E $3.42 E P/E F1 15.9 2020 $0.80 A $0.76 E $0.81 E $0.78 E $3.18 E PEG F1 3.2 2019 $0.42 A $0.52 A $0.69 A $0.96 A $2.60 A P/S TTM 3.3 *Quarterly figures may not add up to annual.
    [Show full text]