Ashraf Eassa
Long/short equity, contrarian, independent research, tech

Silicon Motion: Significant Opportunity In Light Of Near-Term Headwinds

Silicon Motion (NASDAQ:SIMO) is a dirt cheap semiconductor firm that is one of the most interesting "special situation" names on the market today. This is a company whose two core high-growth businesses - eMMC flash controllers and RF transceivers - participate quite heavily in the secular growth in mobile computing. The majority of smartphones and tablets today utilize eMMC flash (and Silicon Motion supplies the controller chips to primary suppliers of these solutions), and the firm's LTE transceiver business has been driven largely by design wins at the world's leading smartphone vendor - Samsung (OTC:SSNLF). The company is currently facing near-term headwinds in its LTE transceiver business, which I believe creates a significant opportunity for investors...

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