Technology Stocks : Silicon Motion Inc. (SIMO)
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From: Elroy7/28/2017 12:39:56 AM
   of 1929
Lets see what tidbits are in the WDC conference call

Results from our NAND flash products were strong in the midst of a continued constrained supply environment,

Our client devices business grew by 36% year-over-year on a pro forma basis, despite the PC market being slightly weaker than expected in the quarter. This growth was driven by our progress in diversifying our customer base, and continued expansion of our product portfolio with the gains being most pronounced in mobility and client SSD.

In our JV fab operations, we continue the strong ramp on our 64-layer 3D NAND BiCS3 technology during the quarter with a significant portion of our product shipments now using this industry-leading technology. Manufacturing yields of BiCS3 continue to meet our expectations, and we are maintaining our projection for the combined JV output of 64-layer 3D NAND to be the highest in the industry in calendar 2017. Development work on BiCS4, our recently -announced 96-layer 3D NAND technology, is ongoing and we expect to begin sampling in calendar 2017 with meaningful production volumes in calendar 2018.

we continue to believe that the favorable NAND industry conditions will persist at least through the first half of calendar 2018.

Client devices revenue for the June quarter increased 36% year-over-year, primarily driven by significant growth in mobility and client SSDs.

We expect revenue for our September quarter to be approximately $5.1 billion, which would represent approximately 8% year-over-year growth

the reality is that subsequent to when we acquired SanDisk, we have been dealing with very favorable market conditions as it relates to NAND. We all know that supply and demand will even out a bit more and it'll become less of a constrained environment.

As we've stated, our enterprise SSD portfolio, although we have some competitive products, is not all that we would expect it to be.
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