The Traderszone Network

Published in TZ Latest News 7 January, 2015 by The TZ Newswire Staff

Hot Stocks: Silicon Motion Gets Back On Growth Track

After posting lackluster results in a number of quarters from late 2012 to early 2014, Taiwanese chip designer Silicon Motion Technology (SIMO) is back on the growth track. The company has put in two quarters of sharply rising earnings and sales. Silicon’s profit and revenue grew 52% and 19%, respectively, in the second quarter. In Q3, earnings jumped 78%; revenue increased 52%.

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