Report title: Silicon Motion Technology Corporation Q3 2007 Earnings Conference Call Transcript
from Thomson StreetEvents
17 page (7987 word) report published Oct 31, 2007

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Abstract: Final Transcript of SIMO earnings conference call or presentation, 31-Oct-07 8:00am ET

Brief Excerpt: ... - Silicon Motion Technology Corp - President and CEO Thank you Riyadh. Good morning everyone. I hope you all saw our earnings release that we issued a few hours ago. The third quarter was a challenging one for us. I am, therefore pleased to report that our results came in slightly ahead of our expectations, and ahead of the revenue guidance that we provided three months ago. In fact, our revenue and net income are both new third quarter record high. Let me first share with you why I remain very excited about our business. Our many NAND flash partners, such as Samsung, Hynix, Intel, Micron and ST continue to build newer and ever bigger fabs, which will increase NAND flash production upward significantly. This should lead to big growth, increasing well in sense of 100% next year. This should in turn lead to increasing availability and affordability of flash and solid state storage devices. What this means is a lot of more devices that need controllers, our business with Samsung, excluding...

Report Type: Transcript
Source: Thomson StreetEvents
Company: Silicon Motion Technology Corporation
Ticker: SIMO
Time: 8:00am ET
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