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Rising demand for AI smartphones boosts Silicon Motion's Revenue above expectations in 2Q24

Siu Han, DIGITIMES, Taipei Friday 2 August 2024 0

Credit: DIGITIMES

Silicon Motion Technology has reported revenues exceeding the top margin of its guidance, with gross margins also hitting the ceiling of its expectation range for the second quarter of 2024. The revenue amounted to approximately US$211 million in the...

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