UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
July 3, 2008
Commission File Number: 000-51380
Silicon Motion Technology Corporation
(Exact name of Registrant as specified in its charter)
8F-1, No.36, Taiyuan St.
Jhubei City, Hsinchu County 302
Taiwan
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F x |
Form 40-F ¨ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes ¨ |
No x |
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes ¨ |
No x |
Note: Regulation S-T Rule l0l(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
| Yes ¨ |
No x |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
Exhibits
| Exhibit 99.1 | Press Release issued by the Company on July 3, 2008. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SILICON MOTION TECHNOLOGY CORPORATION | ||||||||
| Date: July 3, 2008 | By: | /s/ Riyadh Lai | ||||||
| Name: | Riyadh Lai | |||||||
| Title: | Chief Financial Officer | |||||||
Exhibit 99.1
 |
Silicon Motion Announces Change in Management |
TAIPEI, Taiwan, July 3, 2008 — Silicon Motion Technology Corporation (NASDAQ: SIMO) (“the Company”), a leading fabless semiconductor company that designs, develops and markets semiconductor solutions for multimedia consumer electronics, today announced that James Yun, Executive Vice President of the Company’s Communications products will resign from his current position in order to pursue other personal interests. Sangwoo Han, former Chief Technology Office of FCI, will replace Dr. Yun as head of the Company’s Communications products.
“I would like to thank James for his many contributions to both FCI, which is now our Communications product line, and to Silicon Motion over the past year,” said Wallace Kou, President and CEO of Silicon Motion. “The acquisition of FCI was a key strategic move for our company last year and the seamless integration and continued strong growth of this product line is largely a testament to James’ tireless work and steadfast leadership. James founded FCI and through his vision, created one of the global leaders in mobile TV silicon tuner technology. We therefore welcome James’ continued involvement as a senior advisor.”
“We are fully confident that Sangwoo will be able to capably take over from James given that he has spent the past five years in charge of product design and development at FCI, and has spent well over 10 years in the industry. His deep technical understanding and strong leadership are some of the primary reasons for why we are currently able to offer mobile communication solutions that are best-in-class in terms of size, power and performance.”
Dr. Han received a B.S. in electrical engineering from Carnegie-Mellon University, an M.S. in electrical engineering from the University of Pennsylvania, and a Ph.D. in electrical engineering from the Georgia Institute of Technology. In 1997, he co-founded RF Solutions Inc., in Atlanta, GA, which is now the Anadigics WLAN Center of Excellence. He joined FCI in 2003 and has been in charge of product design, development, production and marketing.
Dr. Han added, “I strongly believe that we have the team in place to take Silicon Motion’s communications business to the next level. We already have the number one market position in Korea, which is the second largest and one of the fastest growing mobile TV markets in the world. We are now also targeting other growth markets such as China and Europe. I look forward to working closely with Wallace as we continue to build on our success.”
About Silicon Motion:
Silicon Motion is an innovative technology company that designs, develops, and markets high performance, low-power semiconductor solutions for the multimedia consumer electronics market. We have three major product lines: mobile storage, mobile communications, and multimedia SoCs. Our mobile storage business is composed of microcontrollers used in NAND flash memory storage products such as flash memory cards, USB flash drives, SSDs, embedded flash applications, and card readers. Our mobile communications business is composed of mobile TV tuners, CDMA RF ICs, and electronic toll collection RF ICs. Our multimedia SoCs business is composed of products that support MP3 players, PC cameras, and embedded graphics applications.
Contact:
| Investor Contact: |
Media Contact: | |
| Selina Hsieh |
Sara Hsu | |
| Investor Relations |
Project Manager | |
| Tel: +886 3 552 6888 x2311 |
Tel: +886 2 2219 6688 x3509 | |
| E-mail: ir@siliconmotion.com |
E-mail: sara.hsu@siliconmotion.com.tw |
Tip Fleming
Christensen
Tel: +852 9212 0684