Silicon Motion Technology is engaged in designing, developing and marketing: NAND flash controllers for solid state storage devices; and SSD solutions, primarily enterprise-grade SSDs used in data centers and small form-factor specialized SSDs. Co. provides a range of controllers from which customers may choose in developing different categories of solid state storage devices that are used in a range of applications. Co. uses its controller technology to develop Ferri and Shannon SSD solutions. Co.'s FerriSSDs and Ferri-eMMCs products are industrial-, commercial- and automotive-grade single-chip SSDs, which are developed for a range of embedded applications.
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Strong Buy (3.67 out of 4) 65th percentile
(ranked higher than approx. 65% of all stocks covered)
Analysts' Target Price: SIMO Stock Forecast Based on Zacks ABR data; powered by Xignite |