Technology Stocks : Silicon Motion Inc. (SIMO)
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From: Elroy12/2/2017 2:01:13 AM
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Here's a comment from MRVL's recent conference call that indicates NAND supply increases are coming sooner rather than later. MRVL is probably SIMO's largest competitor in merchant SSD controllers.


Kevin Cassidy

Thanks for taking my question and congratulations on the great results. Your SSD business is doing very well. Can you just comment on at all on what you’re seeing as far as availability of the NAND flash devices just for the broad market?

Matt Murphy

Sure. Hey, Kevin. Yes. That’s an interesting one and we monitor that as closely as we can through our partners. I think it really – there is different point of view, but I’d say in general since the last time we updated everybody, we see that supply loosening up a little bit earlier than I think sort of where people thought and there was a view, these things kind of been sliding every quarter, but there was a view at one point that this wouldn’t be until second half of 2018.

People were saying and it seems like now our read-through is probably in the beginning part of 2018 is when supply starts to loosen. So I’ll just say that very qualitatively, that’s a mix of inputs. But it seems like in the limit you know it's probably moved up from a sort of most bearish outlook of when supply was going to free up and so we obviously think that’s a good think for Marvell.

We have had – although our current customer base is generally speaking the folks that control demand we do have a number of our customers where we’re designed in where they’ve been supply limited. So I think it just good for the overall market us in the industry if supply loosens and NAND make progress because of our competitive positioning there. So anyway, I think its probably early 2018, but we’ll certainly keep updating folks as we hear more.
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