Especially in regard to the technology sector, it is difficult for the average investor to follow the advice to only invest in "what you know". After all, specifically with technology, by the time you "know" it, it's likely changed. In fact, that's not only a challenge for investors, it is apparently a challenge even for companies in the industry.
Silicon Motion Technology (NASDAQ:SIMO) is just such a technology company. In the past year, it has been facing the challenges of a changing technology industry. It is a fabless semiconductor company, which means it designs and sells semiconductors but does not do the actual fabrication or manufacturing of the chips.
Past GrowthFrom 2009 to 2012, Silicon Motion grew...
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