Silicon Motion Technology Corporation announced that based upon its preliminary financial results, sequential revenue growth for the fourth quarter is expected to be near the midpoint of the original guidance range that the company issued on October 25, 2013, of down 6% to 12% sequentially. Gross margin (non-GAAP) is expected to be within the upper half of the company's guidance range of 47 to 49%.
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- Silicon Motion Technology Corp. Updates Guidance for the Fourth Quarter of 2013