This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Silicon Motion's Management Presents At Deutsche Bank 2012 Technology Conference (Transcript)

Stocks in this article: SIMO

Silicon Motion Technology Corp. (SIMO)

Deutsche Bank 2012 Technology Conference Transcript

September 12, 2012 11:10 AM ET

Executives

Riyadh Lai - Chief Financial Officer

Analysts

Bob Gujavarty - Deutsche Bank

Presentation

Bob Gujavarty - Deutsche Bank

Good morning, everybody. We are fortune enough to have Riyadh Lai, CFO, Silicon Motion this morning. He is going to go through few slides and then I’ll kick it off with Q&A, let see we’ll have spare time for the audience to ask some questions towards the end. Thanks.

Riyadh Lai

Thank you very much, Bob. It’s a -- my name Riyadh Lai. I’m the CFO of Silicon Motion. It’s a pleasure to be here today at the Deutsche Bank conference. I’ll provide a quick overview of the company and go straight into Q&A.

We are a fabless semiconductor company focused on business of designing microcontrollers for solid state storage devices, as well as business of providing specialty RF ICs for mobile devices.

Our key products are memory cards, flash memory cards, USB flash drives and increasingly SoC and embedded controllers. On the specialty RF our key product is LTE transceivers especially for Samsung.

We’ve done phenomenally well. Listening our opinion over the last two years and continue to do well. We grew our revenue 69% last year and the prior year we grew our revenue 52% and this year we’ve guided revenue to grow 20% to 30%.

Last two years our business run well largely because of smartphones and use of memory cards for those smartphones. We grew our revenue sharply as a result of ramp up smartphones and the use of memory cards for those products.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs