What is ROE for Silicon Motion Technology in the forth quarter 2023?
Silicon Motion Technology Corporation achieved a return on average equity (ROE) of
7.2 % in its forth quarter 2023, which is below Silicon Motion Technology's average return on equity, which stands at 17.32%.
ROE fell compared to the third quarter 2023, despite the net income growth of % from the third quarter 2023.
Within the
Semiconductors industry 39 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from
0 to
1506.
What is ROE?
News about Silicon Motion Technology Corporation |
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Novotech Appoints Scott Schliebner as Vice President and Global Head, Drug Development Consulting
Novotech CRO, a leading contract research organization in the field of drug development, has announced the appointment of Scott Schliebner as Vice President and Global Head of Drug Development Consulting. With his extensive experience in commercial and clinical life sciences, Schliebner is expected to bring valuable expertise to Novotech's team.
Schliebner's appointment comes at a crucial time for Novotech as the company aims to enhance its drug development consulting services globally. With the increasing complexity and rigorous regulatory requirements in the pharmaceutical industry, Novotech recognized the need for a seasoned specialist to lead its consulting team.
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In a recent announcement, Silicon Motion Technology Corporation revealed a significant change in its executive team. Jason Tsai, currently serving as the VP of IR and Finance at Silicon Motion, has been appointed as the Interim Chief Financial Officer of the Company. This transition follows the stepping down of Mr. Riyadh Lai as the Chief Financial Officer.
This move marks a shift in leadership within Silicon Motion, as Jason Tsai takes over the top financial position. Tsai's experience in investor relations and finance suggests that he brings valuable insights to the role. However, questions may arise regarding the motivation behind this change, as details regarding Lai's departure remain undisclosed.
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