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Operator: Hello, and welcome to the MaxLinear Second Quarter 2023 Earnings Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.
MaxLinear's termination of its deal with Silicon Motion 'is invalid and reflects a repudiation of MaxLinear's obligations rather than any failure of Silicon Motion's conditions to closing,' Silicon Motion says. #pressrelease
MaxLinear terminated its deal to buy Silicon Motion on Wednesday, hours after the unexpected news that Chinese regulators had approved the merger.
Business Highlights Second quarter sales increased 13% Q/Q and decreased 44% Y/Y SSD controller sales: 2Q increased 5% to 10% Q/Q and decreased 30% to 35% Y/YeMMC+UFS controller sales: 2Q increased...
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