UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SILICON MOTION TECHNOLOGY CORPORATION
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(NAME OF ISSUER)
ORDINARY SHARES
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(TITLE OF CLASS OF SECURITIES)
82706C108
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(CUSIP NUMBER)
FEBRUARY 7, 2008
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(DATE OF EVENT WHICH REQUIRES
FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
CUSIP NO. 82706C108 13G PAGE 2 OF 6 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ING Groep N.V.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
Not Applicable (b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
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5 SOLE VOTING POWER
1,984,703 (1)
NUMBER OF --------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 1,984,703 (1)
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,984,703
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
115,000 Custodian Shares
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.05%
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12 TYPE OF REPORTING PERSON
HC
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- ----------
(1) 70,200 of these shares are held by indirect subsidiaries of ING Groep N.V.
in their role as a discretionary manager of client portfolios.
CUSIP NO. 82706C108 13G PAGE 3 OF 6 PAGES
ITEM 1(a). NAME OF ISSUER:
Silicon Motion Technology Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
No. 20-1, Taiyuan Street
Jhubei City
Hsinchu County F5 302
Taiwan
ITEM 2(a). NAME OF PERSON FILING:
ING Groep N.V.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Amstelveenseweg 500
1081 KL Amsterdam
P.O. Box 810
1000 AV Amsterdam
The Netherlands
ITEM 2(c). CITIZENSHIP:
See item 4 on Page 2
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Ordinary Shares
ITEM 2(e). CUSIP NUMBER:
82706C108
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(Not Applicable)
(a) [_] Broker or dealer registered under Section 15 of the
Securities Exchange Act of 1934, as amended (the "Exchange
Act");
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [_] Investment company registered under Section 8 of the
Investment Company Act of 1940, as amended (the "Investment
Company Act");
(e) [_] Investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E) under the Exchange Act;
CUSIP NO. 82706C108 13G PAGE 4 OF 6 PAGES
(f) [_] Employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F) under the Exchange Act;
(g) [_] Parent holding company or control person in accordance with
Rule 13d-1(b)(ii)(G) under the Exchange Act;
(h) [_] Savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [_] Church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group in accordance with Rule 13d-1(b)(1)(ii)(J) under the
Exchange Act.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
See item 9 on Page 2
(b) Percent of class:
See item 11 on Page 2
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See item 5 on Page 2
(ii) Shared power to vote or to direct the vote:
See item 6 on Page 2
(iii) Sole power to dispose or to direct the disposition
of:
See item 7 on Page 2
(iv) Shared power to dispose or to direct the
disposition of:
See item 8 on Page 2
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
CUSIP NO. 82706C108 13G PAGE 5 OF 6 PAGES
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY OR CONTROL PERSON.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our
knowledge and belief, the securities referred to above were
not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction
having that purpose or effect.
CUSIP NO. 82706C108 13G PAGE 6 OF 6 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
March 19, 2008
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(Date)
ING GROEP N.V.
By: /s/ Eric E. Ribbers
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(Signature)
Eric E. Ribbers
Senior Compliance Officer
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(Name/Title)
/s/ Klaas de Wit
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(Signature)
Klaas de Wit
Head of Compliance Insiders
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(Name/Title)