Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO)
CAPS Rating:
A fabless semiconductor company that designs, develops and markets universally compatible, low-power semiconductor solutions for the multimedia consumer electronics market.
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A strong balance sheet in an ever-demanding tech industry leaves them more free than the giants to jump to new waves. Certainly a volatile market, so I'll reevaluate after a year. A recent offering of a small dividend helps a little as well.