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   Technology StocksSilicon Motion Inc. (SIMO)


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From: Elroy10/7/2019 8:11:17 AM
1 Recommendation   of 2205
 
The first SIMO beat in about 2.5 years.....

Silicon Motion Technology Corporation ( SIMO)(“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary third quarter financial results, revenue (non-GAAP) is expected to be within 5% above the high-end of the original guidance range of $104 million to $108 million that the company issued on July 31, 2019. Gross margin (non-GAAP) is expected to be near the high-end of the company's original guidance range of 48.0% to 50.0%.

The Company will release its third quarter 2019 financial results after the market closes on October 29, 2019 and will host a conference call on October 30 at 8:00 a.m. Eastern Time.

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Man, what a change. Happy about them delivering $113m in revenues. Sigh......miss the Glory Days.

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From: Elroy10/8/2019 4:41:15 AM
   of 2205
 
Samsung forecasts healthy Q3 2019 profits on the back of strong Galaxy Note 10 salesSamsung says it made a profit of $6.4 billion this quarter.

androidcentral.com

In its Q3 2019 earnings guidance, Samsung is forecasting a profit of $6.4 billion.Overall revenue for the quarter is at $51.3 billion, with the mobile business gaining momentum.We'll get a full breakdown later this month, but the profit forecast is $800 million more than what Samsung managed in Q2 2019.

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From: Elroy10/8/2019 4:44:42 AM
   of 2205
 
Adata expects revenue growth in 4Q19
Monica Chen, Taipei; Jessie Shen, DIGITIMES
Tuesday 8 October 2019

digitimes.com

With memory chip prices bottoming out, Adata Technology will likely post another sequential revenue growth in the fourth quarter, according to the memory module manufacturer.

Adata reported consolidated revenues increased 16.6% sequentially to NT$6.49 billion (US$210.8 million) in the third quarter. The company's cumulative 2019 revenues through September declined around 25% on year to NT$18.47 billion.

NAND flash and DRAM memory prices have bottomed out, while demand for datacenter applications will be picking up gradually, said Adata. The memory module maker is positive about its sales performance during the fourth quarter.

NAND flash demand will be robust in the fourth quarter, driven by greater SSD adoption in PCs and other client devices, as well as continued growth in average content per box for smartphones, Adata indicated.

As for DRAM, the market outlook is subject to more uncertainties due to the ongoing trade disputes between the US and China and the supply of Intel's processors, Adata noted. Nevertheless, the memory prices should fall more slowly.

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From: Elroy10/10/2019 8:21:07 AM
   of 2205
 
Adaptec® Smart Storage Offering is First to Include Open Source Toolkit for Managing Data Center Storage

finance.yahoo.com

Interesting to see other tech companies promoting open source connectivity stuff. Could be good if that technology takes off, and SIMO is the first to have a functioning open source NAND controller in a live evironment.....

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From: Elroy10/16/2019 11:53:13 PM
   of 2205
 
This sounds very good for SIMO, too bad most of the article is behind a pay wall.

digitimes.com

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To: Elroy who wrote (2093)10/17/2019 10:57:43 AM
From: Kirk ©
1 Recommendation   of 2205
 
I think you just need to register and sign in... I clicked an add to pay for reposting here.

Memory controller suppliers urged to build up inventory in advance
Siu Han, Taipei; Jessie Shen, DIGITIMES
Wednesday 16 October 2019

Judging from TSMC's rising capacity utilization rates, downstream memory device vendors have asked their controller suppliers to build up their inventory in advance, according to industry sources.

Memory controller developers demand mostly 28nm process technology to fabricate their solutions, and have been recently warned that 28nm process capacity is set to become tight, the sources indicated.

As a contract chipmaker that memory controller suppliers are keen to work with, TSMC has already seen 16nm and more advanced process capacity fall short of demand, resulting in extended delivery lead times, the sources said.

Memory controller suppliers have therefore seen their downstream customers step up their pace of orders in the fourth quarter of 2019, the sources continued. In particular, SSD controller specialists have started aggressively building up their inventories and demanded more supplies from their packaging substrate partners, the sources noted.

Memory controller providers also anticipate customer demand will be picking up prior to China's November 11 Singles' Day and year-end shopping season in the US and Europe, the sources said.

In addition, NAND flash contract prices have stopped falling and are likely to rise by up to 10% in the fourth quarter, according to the sources. The price outlook next year is also bullish, the sources said.

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From: Elroy10/24/2019 3:15:50 PM
   of 2205
 
MU announced a bunc( of new SSDs today.

finance.yahoo.com

The press release doesn’t say anything about these SSDs having an internally developed MU controller, so they probably have a merchant controller. Maybe SIMO. Maybe that’s why SIMO is up strong today.....

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From: Sr K10/25/2019 10:46:07 AM
   of 2205
 
10/25

SIMO announced Friday a higher annual dividend of $1.40 per American depositary share, a 17% increase from the dividend paid per ADS last year.

SIMO President and CEO Wallace Kou said. The company will pay the dividend in four quarterly installments of $0.35 per ADS starting Nov. 21 to shareholders on record as of Nov. 7.

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To: Sr K who wrote (2096)10/25/2019 12:44:12 PM
From: Elroy
   of 2205
 
Are the “good times” coming back for SIMO?

Next.....how many shares did they buy back in Q3, and what’s the revenue guidance for Q4?

I think somewhere between 1 and 2 million shares repurchased, and hopefully Q4 revenues up 10% from Q3 revenues (which were ahead of expectations).

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From: Elroy10/30/2019 3:43:43 AM
   of 2205
 
I’m on a cruise ship.

Simo’s report was good, but the forward guidance was awesome, Revenues expected to grow 20% in Q4, and for 2020 all major product areas should grow.

Hip hip hooray.

Ok, back to the casino.

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