Picks of the quarter Message Board

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Strategies & Market Trends : Picks of the quarter

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To: jmiller099 who wrote (9704)	7/8/2010 9:25:49 AM
From: Elroy	Read Replies (1) of 20435

Look out, I'm comin'! NAND flash controller vendor raises guidance for Q2. TAIPEI, Taiwan, July 8, 2010 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq:SIMO - News) (the "Company"), a leading fabless semiconductor company that designs, develops and markets semiconductor solutions for multimedia consumer electronics, today announced that expected revenue in the second quarter of 2010 will be stronger than the Company's previous outlook. The Company expects revenue in the second quarter of 2010 to increase sequentially between 23% and 25%. This is a positive increase over the guidance previously provided by the Company in late April 2010 that revenue would be up 10% to 20% sequentially. finance.yahoo.com

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