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SIMO - Silicon Motion Technology Corporation

Analyst Upgrade Signal for 02-07-2024
Analyst Upgrade Signal: SIMO from Neutral to Buy by B. Riley Securities
Price Target: $64>>90



Stock Signal Information


Signal

Analyst Upgrade Stock
Report Date: 02-07-2024
Symbol: SIMO - Silicon Motion Technology Corporation
Sector: Technology
Industry: Semiconductors
Analyst Upgrade Signal: SIMO from Neutral to Buy by B. Riley Securities
Price Target: $64>>90

  SIMO Technical Chart

Company Contact

Silicon Motion Technology Corporation (SIMO)
8F-1, No.36, Taiyuan Street
Zhubei, HSINCHU
Phone: 88635526888
Website: http://www.siliconmotion.com
CEO: Mr. Wallace Kou


Company Profile

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers solid-state drive (SSDs) used in PCs and other devices, as well as embedded multimediacard (eMMC) and UFS mobile embedded storage used in smartphones. The company also provides enterprise-grade SSDs used in data centers; and small form-factor specialized SSDs used in industrial, commercial, and automotive applications. It sells its controllers under the SMI brand; data center SSDs under the Shannon brand; and single-chip industrial-grade SSDs under the Ferri SSD and Ferri-eMMC brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Kowloon, Hong Kong.