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Silicon Motion boosts 1Q revenue estimate, but has more obsolete inventory than expected

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Silicon Motion boosts 1Q revenue estimate, but has more obsolete inventory than expected

Posted: Apr 15, 2010 11:10 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Silicon Motion boosts 1Q revenue estimate, but has more obsolete inventory than expected Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Silicon Motion boosts 1Q revenue estimate NEW YORK â Chip designer Silicon Motion Technology Corp. boosted its revenue forecast for the first quarter Thursday. But the company also said that it has a bigger reserve of obsolete inventory than it thought, which forced it to cut the gross margin that it reported for the fourth quarter of .... Source : Silicon Motion boosts 1Q revenue estimate, but has more obsolete inventory than expected.

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