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Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 115.08

-2.3%

3:59 PM EST

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From: Elmer Flugum	10/15/2007 3:14:53 PM
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Volatile Flash Memory Market Keeps Component Firm On Its Toes investors.com "Solid state drives aim to replace hard disk drives. Roughly 300,000 SSDs were shipped last year. Van Hees expects shipments to grow to just over a million units in 2007 to reach 6.5 million units next year. "The adoption of SSDs is likely to begin when pricing for SSDs reaches about $3 per gigabyte, which could occur as early as the second half of next year," she said. "We expect solid state to be the next killer application for Nand flash and Silicon's controllers."

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