Silicon Motion is a global fabless semiconductor company that designs NAND flash controllers and associated storage solutions for a broad range of applications including SSDs in data centers and PCs, embedded storage in smartphones and IoT devices, and enterprise-grade storage systems. The company generates revenue by selling processor ICs and complete storage solutions to NAND flash manufacturers, storage module makers, and original equipment manufacturers worldwide, with its customer base spanning computing, mobile, data center, automotive, and industrial markets. Silicon Motion operates through a direct sales force and independent distributors, outsources manufacturing to foundries like TSMC and SMIC, and maintains a substantial intellectual property portfolio of patents protecting its controller designs and firmware platforms.