Silicon Motion Technology Corporation announced a new organizational structure to support the Company's continued global business growth. These changes will take effect immediately. Core to this announcement is the establishment of two business units designed to create a more focused and specialized structure that should enable faster innovation and stronger growth and support the Company's commitment to delivering the best-in-class solutions for its customers.

The Client & Automotive Storage (CAS) Business Unit will house the Company's client SSD controllers, mobile controllers, Ferri products and expandable controllers. The Enterprise Storage & Display Interface Solution (ESDI) Business Unit will encompass the Company's enterprise SSD controllers and display interface products.