News Snapshot:
TAIPEI, Taiwan and MILPITAS, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary first quarter financial results, revenue is expected to grow approximately 25% sequentially, well in excess of the original 7% to 12% guidance range which the company issued on February 4, 2021. Gross margin (non-GAAP) is expected to be at the high-end of the company's original 48.0% to 50.0% guidance range.The Company will release its first quarter 2021 financial results after...
