Silicon Motion Technology Corporation (SIMO) CEO Wallace Kou on Q1 2019 Results - Earnings Call Transcript

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Silicon Motion Technology Corporation (NASDAQ:SIMO) Q1 2019 Results Earnings Conference Call May 3, 2019 8:00 AM ET

Company Participants

Chris Chaney - Director of Investor Relations and Strategy

Wallace Kou - President and Chief Executive Officer

Riyadh Lai - Chief Financial Officer

Conference Call Participants

Karl Ackerman - Cowen & Co

Craig Ellis - B. Riley & Co., LLC

Anthony Stoss - Craig-Hallum Capital Group LLC

Mehdi Hosseini - Susquehanna Financial Group

Ari Shusterman - Needham & Company, LLC

Donnie Teng - Nomura International Limited

Charlie Chan - Morgan Stanley Research

Suji Desilva - ROTH Capital Partners

Gokul Hariharan - J.P. Morgan


Ladies and gentlemen, thank you for standing by and welcome to the Silicon Motion Technology Corporation First Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode.

This conference call contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 as amended.

Such forward-looking statements include, without limitation, statements regarding trends in the semiconductor industry and our future results of operations, financial condition and business prospects. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them.

These statements involve risks and uncertainties and actual market trends and our results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continued competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for multimedia consumer electronics; the state of and any change in our relationship with our major customers; and changes in political, economic, legal and social conditions in Taiwan.

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