 TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2021 GLOBE NEWSWIRE -- Silicon Motion Technology Corporation NasdaqGS: SIMO Silicon Motion or the Company, a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary second quarter financial results, revenue is expected to grow approximately 20 sequentially, well in excess of the original 5 to 10 guidance range which the company issued on May 6, 2021. Gross margin non-GAAP is expected to be at least half a percentage point above the high-end of the companys original 48.0 to 50.0 guidance range. 