Earnings Call Summary | Silicon Motion Technology(SIMO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Silicon Motion Technology(SIMO.US) Q1 2024 Earnings Conference
The following is a summary of the Silicon Motion Technology (SIMO) Q1 2024 Earnings Call Transcript:
以下是硅動科技（SIMO）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Silicon Motion Technology reported a revenue of $189 million in Q1 2024, a sequential decrease of 6%.
Gross margin increased to 45% due to a better product mix and higher ASPs.
Operating margin decreased from 13.8% in Q4 2023 to 12% in Q1 2024.
Earnings per ADS reduced from $0.93 in the previous quarter to $0.64 in this quarter.
硅動科技報告稱，2024年第一季度收入爲1.89億美元，連續下降6％。
由於更好的產品組合和更高的ASP，毛利率提高到45％。
營業利潤率從 2023 年第四季度的13.8％下降到2024年第一季度的12％。
每個ADS的收益從上一季度的0.93美元下降到本季度的0.64美元。
Business Progress:
業務進展：
The SSD controller business recorded growth above expectations due to two key flash maker customers.
Its first MonTitan PCIe Gen 5 controller secured two Tier 1 customers and is expected to start ramping up in 2025.
The launch of the first UFS 4.0 controller in Q1 2024 is expected to start qualification in H2 2024.
Growing demand for QLC UFS products influences the expected launch of a QLC UFS solution for a leading handset OEM this year.
The company sees strong design activity for PCIe Gen 4 SSD and Gen 5 8-channel controller.
Expect an increase in enterprise controller revenue, contributing to 5% to 10% of total revenue by 2026 and '27.
The company is expecting to see significant market share gain and growth from both SSDs and eMMC UFS segments.
Collaborations with major companies, including design wins with Toyota, Honda, and China's BYD, are foreseen, signalling projected growth from 2025.
由於兩家主要的閃存製造商客戶，固態硬盤控制器業務的增長超出了預期。
其首款MonTitan PCIe Gen 5控制器獲得了兩個一級客戶的支持，預計將於2025年開始擴展。
2024年第一季度推出的首款UFS 4.0控制器預計將於2024年下半年開始資格認證。
對QLC UFS產品的需求不斷增長，影響了預計今年爲一家領先的手機制造商推出的QLC UFS解決方案。
該公司認爲 PCIe 第 4 代固態硬盤和第 5 代 8 通道控制器的設計活動強勁。
預計企業控制器收入將增加，到2026年和27年，佔總收入的5％至10％。
該公司預計，固態硬盤和eMMC UFS細分市場的市場份額都將大幅增加和增長。
預計將與主要公司的合作，包括與豐田、本田和中國比亞迪的設計中標，這表明預計從2025年起將實現增長。
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譯文內容由第三人軟體翻譯。