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Silicon Motion (SIMO -3.2%) underperforms in the wake of NAND flash memory giant SanDisk's Q1...

  • Wednesday, April 4, 2012, 10:16 AM ET
    Silicon Motion (SIMO -3.2%) underperforms in the wake of NAND flash memory giant SanDisk's Q1 warning. CLSA notes Silicon Motion gets roughly half of its revenue from sales of NAND flash controller chips, and doesn't believe Street estimates are taking a warning of SanDisk's magnitude into account.
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