To: Elroy who wrote (2961 ) 10/31/2025 4:18:03 PM From: Elroy 1 RecommendationRecommended By
Respond to Key quotes from the SIMO call with sometimes my thoughts.gurufocus.com Increasingly, we are seeing a greater willingness by the NAND flash maker to rely on Silicon Motion to complete their product portfolio as they shift their internal resources to focus on DRAM, HBM, and future customized memory technology for high performance AI installment. We are in an active discussion with all NAND makers about expanding our partnership and taking a broader range of long-term to offset growing internal resource shortages. Our module maker customers have been building their inventory ahead of the anticipated price increases and are well-positioned for the next year to meet the expected market demand. Our ... business with NAND maker continue to be strong, accounting for more than 50% of our revenue, and we expect to gain significant share over the next few years. more than 70% of our business with NAND flash maker and multi-maker customers goes directly to PC, smartphones, servers, and other devices OEM that are not significantly impacted by high NAND markets. Additionally, given increased in NAND prices, we expect OEN to more rapidly adopt QLC technologies where we have significant advantage over our competition. And finally, we are starting to scale our new enterprise products, including MonTitan, which are less price sensitive than the consumer market. the market eMMC extended well beyond mobile phones and accounts for more than 900 million units annually. The market for eMMC include automotive, commercial, industrial, IoT, smart devices, databox, and the streaming devices, robotics, and many more, including the rapidly growing market for smart glasses championed by Meta, Apple, Google, Amazon, Xiaomi, and others. These solutions will likely continue to use eMMC, providing a strong foundation for market growth for years to come. But the NAND flash maker increasingly concentrate on the enterprise market. The opportunity for motion, eMMC, UFS continue to grow. We expect to see further market share expansion as a flash maker outsource more and believe that our share gain in eMMC UFS will remain strong -- a strong contributor to our future growth. we remain confident that automotive will represent at least 10% of our revenue by 2026. This quarter, our customers are beginning publication with end customer TLC Enterprise and data center with TLC-based high performance UHD using our MonTitan controller, targeting the high performance requirements of AI in the data center. We expect these qualifications to progress into the first half of next year and begin to run commercially in the second half of next year We are on track to begin and customer qualification for QLC based high capacity SSD late this year or early next year. We are increasingly confident in MonTitan a significant new growth opportunity given our successes and the win today in both the compute and high capacity one storage market. We remain confident that MonTitan will deliver 5% to 10% of revenue at the late 2026 or 2027 time frame, but they, these new opportunities and customers in the near and the midterm.
