This works for many semiconductor companies because it allows them to divert resources to creating devices, without spending time and money to mass produce them. Silicon Motion’s two major product categories are its mobile storage and mobile communications units. The mobile storage unit is comprised of microcontrollers that focus on NAND flash memory products, redirected while its communications segment has to do with RF transceivers for cellular devices. Earlier this month, management announced that its SS2246EN controller supports Micron Technology’s 16nm, 128Gb MLC NAND flash.
Stocks post 6th straight quarterly gain
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Asia stocks mixed after China PMI, RBA; Nikkei ends up 1.1% – NASDAQ.com
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Stocks close mixed but post strong 2Q gains
The U.S. dollar strengthened to 101.52 against the yen, compared to Monday’s close of 101.30. Looking ahead, European stock market futures pointed to a modestly higher open, as investors looked ahead to the European Central Bank’s policy meeting later this week. The DJ Euro Stoxx 50 futures pointed to a gain of 0.1%, France’s CAC 40 indicated a rise of 0.25%, Germany’s DAX pointed to a gain of 0.2%, while London’s FTSE 100 indicated an increase of 0.2%.