- Silicon Movement Expertise Corp SIMO weighs a possible sale amid takeover curiosity within the semiconductor agency, Bloomberg reviews.
- Silicon Movement’s American depositary receipts have plunged 19% in 2022, reaching a market worth of $2.7 billion.
- Silicon Movement manufactures NAND flash controllers for solid-state storage gadgets and provides knowledge facilities and specialised industrial and automotive solid-state drives.
- Silicon Movement reported a internet earnings of $60.6 million within the December 31 quarter, up 9.4% quarter-on-quarter.
- Value Motion: SIMO shares closed increased by 0.53% at $77.09 on Friday.
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