1. Silicon Motion Mobile Phones & Portable Devices Drivers
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About Silicon Motion: Silicon Motion is a fabless semiconductor company that designs, develops, and markets innovative high performance, low-power semiconductor solutions for the multimedia consumer electronics market. We have three major product lines: mobile storage, mobile communications, and multimedia SoCs.

• Welcome to the official Nokia Phones website. Whether you're looking for an award-winning Android smartphone, a retro favourite or your next accessory, you'll find it here at Nokia Phones.
• Silicon Motion said this week that it would start sampling its enterprise-grade SSD controllers with a PCIe Gen 5.0 interface in the second half of next year, which means that they will debut.
• Silicon Motion is scheduled to report third quarter results on November 2nd. I expect it to raise its full-year guidance based on its preliminary results and its latest product announcement.

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Flash device controller IC supplier Silicon Motion Technology expects to post revenues of between US$154 million and US$161 million in the first quarter of 2021, representing a 7-12% sequential increase, with gross margin reaching 48-50% compared with 49.3% in the prior quarter.

Silicon Motion Mobile Phones & Portable Devices Drivers

'We are kicking off 2021 with what we believe will be an unseasonally strong first quarter and an extremely strong order book for the year, with sales growth currently capped by foundry supply availability,' said Wallace Kou, president and CEO of Silicon Motion.

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Silicon Motion reported net sales of US$143.9 million for the fourth quarter of 2020, up 14% on quarter but down 6% on year. Revenues for the year came to US$539.5 million, rising 17% on year, when gross margin arrived at 49.2%.

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Silicon Motion generated net income on a non-GAAP basis of US$29.9 million or US$0.86 per diluted ADS in the fourth quarter of 2020. Earnings per diluted ADS for the year amounted to US$3.24.

'Fourth quarter results were stronger than expected as customer procurement continues to be robust,' Kou indicated. 'Sales of our eMMC+UFS controllers for smartphones and IOT devices were especially strong and our SSD controllers continued to benefit from strong PC demand. Sales of our SSD solutions were however seasonally soft.'

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Silicon Motion expects revenues on a non-GAAP basis to climb 20-30% on year in 2021, with gross margin ranging from 47% to 49%. 'We are seeing strong, broad-based OEM demand and design activities for our SSD and eMMC+UFS controllers and expect this momentum to carry over to 2022,' Kou noted. 'PC OEMs are driving strong demand for PCIe NVMe SSD controllers and smartphone and IOT OEMs for UFS and eMMC mobile embedded storage controllers.'