On June 30, Silicon Motion Semiconductor Technology (Hangzhou) Co., Ltd. formally submitted an application for listing on the Hong Kong Stock Exchange. According to market research firm Frost & Sullivan, Silicon Motion Semiconductor holds a significant position in the global Power Management Integrated Circuit (PMIC) market, ranking 11th in the consumer electronics segment, 3rd in the smartphone segment, 5th in the display segment, and notably, 2nd in the OLED display segment. Remarkably, over the past decade, Silicon Motion Semiconductor has consistently topped the global OLED display PMIC market in terms of total shipments.