Silicon Motion is My Top Value Stock This Week -Breaking
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A huge increase in computer demand was caused by the pandemic’s trend to work from home and learn. Silicon Motion Technology Corp., NASDAQ: which supplies flash to drive manufacturers has definitely benefited. SIMO, a stock undervalued by investors, is likely to see this increase in demand.Silicon Motion Technology Corp.SIMO)He is actively involved in the semiconductor sector and focuses primarily on developing and marketing controllers to manage NAND flash for embedded storage applications such as eMMC.
Revenue is derived from products such as Mobile Storage and Mobile Communications. The company earns its majority from China. It also has an office in Taiwan, Japan and Korea.
The company’s products can be found in Personal Computing, Smartphones and Tablets, Flash Card and USB Flash Drives, Industrial and Embedded, Enterprise and Data Center, and Automotive.
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