Silicon Motion Announces Third Quarter Results for the Period Ended September 30, 2008

Thursday, October 30th, 2008
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TAIPEI, Taiwan — Silicon Motion Technology Corporation (Nasdaq:SIMO) (the “Company”) today announced its third quarter 2008 financial results. Third quarter net sales decreased 7% quarter-over-quarter to US$45.0 million.

Selected Business Highlights

  • Achieved five T-DMB SoC design wins with LG, Samsung, and Pantech & Curitel for Korea mobile TV handsets
  • Shipped CMMB mobile TV tuners to Longcheer for China mobile TV handsets
  • Launched new CMMB mobile TV tuner design in partnership with two of China’s leading mobile TV demodulator IC specialists, Innofidei and Telepath, for approximately 25 China handset OEMs
  • Developed the world’s smallest and lowest power consumption ISDB-T mobile TV tuner-demodulator SoC in partnership with Japan’s MegaChips for Japan, Brazil, and other markets.

More: Earnings Release