Gadgets News: 6 December 2025 - 27 December 2025

January 10, 2026, 6:14 AM EST. Silicon Motion Technology (SIMO) sits in focus after iKKO unveiled the MindOne AI smartphone, built with MediaTek and SIMO connectivity. The device underscores how always-on AI products could feed demand for Silicon Motion's storage controllers, even as the company also advances next-gen controllers (PCIe Gen 5/6, UFS 4.1/5.0) and custom firmware. The stock has stretched momentum, with 7-day returns of about 20.6% and 90-day gains near 31.8%, lifting the 1-year total shareholder return to about 120%. The fair value sits near $114, while the shares hover close to that level. Risk factors include tougher controller pricing and customer concentration, which could squeeze margins and skew the upside of the valuation narrative. The P/E sits at ~39.9x versus ~30.9x as a benchmark, signaling valuation risk if sentiment cools.