Silicon Image develops, promotes and sells solutions that enable the secure distribution, presentation and storage of high-definition (HD) content. The company offers robust, high-bandwidth semiconductors in the consumer electronics (CE), personal computer (PC) and storage arenas based on its innovative digital interconnect technology. Silicon Image creates and drives industry standards for digital content delivery such as Digital Visual Interface (DVI), High-Definition Multimedia Interface™ (HDMI™) and Serial Advanced Technology Attachment (SATA). Silicon Image broadens market adoption of these interfaces by working with other companies and industry groups. Silicon Image also licenses its intellectual property (IP) cores to companies providing advanced system-on-a-chip (SoC) solutions.
How does Silicon Image make money?
Silicon Images derives its revenue from two primary sources: sales of integrated circuits (or chips) and licensing its intellectual property to other companies. In 2006, approximately 85% of the company's revenues were derived from product sales; the balance from licensing activities. Licensing revenue sources include IP cores, testing fees, as well as HDMI licensing and royalties paid for the use of our technologies. For more information about revenue derived from HDMI licensing, please see the FAQ section on www.hdmi.org.
When is Silicon Image's fiscal year end?
Silicon Image's fiscal year ends on December 31st of each year.
Does Silicon Image pay a cash dividend?
Silicon Image does not currently issue dividends. Silicon Image invests all cash back into the business as part of our growth strategy.
What are Silicon Image's annual sales?
In calendar year 2006, Silicon Image's GAAP revenue totaled approximately $295 million, up from $212 million in 2005.
How is HDMI adoption related to Silicon Image sales?
HDMI adoption has been a significant growth factor for Silicon Image, driving both our product and licensing revenues. Our interconnect technologies are used in many high-definition products, including both source (such as Audio/Video Receivers, DVD players/recorders, game consoles, HD and Blu-ray Disc camcorders, and set top boxes (STBs) and receiver devices (e.g., Digital TVs (DTVs)). As of the end of the first quarter of 2008, over 800 companies have licensed HDMI from HDMI Licensing LLC, our wholly-owned subsidiary. For more information about how the HDMI standard is changing high definition in home entertainment, please click here. For more information about HDMI 1.3, please click here.
When does Silicon Image announce its earnings?
Our financial results are currently scheduled as follows: Fiscal 2008 Q2 Results Conference Call on July 24, 2008 at 2:00 PM PT; Fiscal 2008 Q3 Results Conference Call on October 23, 2008 at 2:00 PM PT; and Fiscal Q4 and Full Year 2008 Results Conference Call on February 5, 2009 at 2:00 PM PT.
Which financial analysts cover Silicon Image?
Silicon Image is followed by a number of respected analysts. For details, please see our Analyst Coverage page.
What are Silicon Image's target markets?
Silicon Image's products are primarily focused on consumer applications and address three major product markets:
In the CE space, our HDMI VastLane™ products provide essential functionality for high-definition source or receiver devices such as DTVs, HD DVD players and STBs, as well as HD display devices such as LCD, DLP, and plasma displays. Our Pinnaclear™ products, including our first generation of input processors introduced in 2007, are targeted for DTV market.
Our VastLane products are also employed in the PC arena, providing DVI and HDMI functionality to motherboards, notebooks, and graphics cards, as well as desktop display devices such as LCD monitors.
In the storage market, our SteelVine product line includes RAIDs, RAID chips, and the SATALink family of host controllers.
Who are Silicon Image's principal customers?
We sell our products directly to Original Equipment Manufacturers and Value Added Resellers and through distributors. Our roster of end-customers includes "who's-who" of global electronics manufacturers, including Apple, Dell, Hitachi, LG, HP, Matsushita (Panasonic), Philips, Samsung, Sony, Thomson, Toshiba, and many others.
Who are Silicon Image's principal competitors?
Silicon Image's competition varies depending on the product market.
In the CE market, we compete with a number of companies, including Analog Devices, Analogix, Broadcom, Conexant, Genesis Microchip, Mediamatics, Micronas Semiconductor, mStar, NXP Semiconductors, Philips Semiconductor, PixelWorks, ST Microelectronics, Texas Instruments, Thine, and Trident, among others.
In the PC market, we compete with many of the same companies that we face in the CE market along with other providers of interface solutions, including Chrontel, Intel, Macronix, MRT, National Semiconductor, and nVidia, among others.
In the storage market, our competitors include Agilent Technologies, Amtel, LSI Logic, Marvell Technology, Mindspeed Technologies, PMC-Sierra, Promise Technology, Serverworks, Silicon Integrated Systems, VIA Technologies, Vitesse, and QLogic, among others.
Where does Silicon Image manufacture its products?
Silicon Image is a fabless semiconductor company, meaning that the company does not own or operate a semiconductor fabrication facility. Our semiconductor raw materials are manufactured by third party contractors using cost-effective complementary metal-oxide semiconductor (CMOS) processes, principally Taiwan Semiconductor Manufacturing Company for wafer fabrication. In the assembly, testing and packaging areas, we outsource to Amkor Technology in Korea, Advanced Semiconductor Engineering in Taiwan, Malaysia, and the U.S., and Fujitsu and Kawasaki in Japan. Our independent foundries, assembly and test subcontractors have all achieved ISO 9001 certification.
How many employees does Silicon Image have?
Silicon Image employs approximately 640 people in North America, Europe and Asia.
When did Silicon Image go public?
Silicon Image became a public company in 1999. The initial public offering (IPO) price on October 6, 1999 was $12.00 per share. Silicon Image announced a two-for-one stock split on July 17, 2000. The record date for the stock split was July 28, 2000. The IPO price adjusted for the stock split is $6.00 per share.
On what exchange does Silicon Image trade and what is its ticker symbol?
Silicon Image's common stock is traded on the NASDAQ Global Select Market under the symbol SIMG.
Who is Silicon Image's stock transfer agent?
Silicon Image's transfer agent is BNY Mellon Shareowner Services (www.bnymellon.com/shareowner/isd). Their address is P. O. Box 358015, Pittsburgh, PA 15252-8015. Their phone number is (800) 522-6645 for US-based investors; international inquiries, please dial (201) 680-6578. Questions regarding your stock certificate should be addressed to Mellon Investor Services.
Who are Silicon Image's independent accountants?
Silicon Image's independent registered public accounting firm is Deloitte & Touche LLP.
Who is Silicon Image's external counsel?
Silicon Image's outside counsel is Fenwick & West LLP.
Where can I find more information about Silicon Image?
Here are a few useful links for learning more about Silicon Image: