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Technology Stocks : Silicon Motion Inc. (SIMO) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (5)	7/8/2010 9:23:14 AM
From: Elroy	Read Replies (1) \| Respond to of 2995

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.