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Silicon Motion Shares Down 12.5% to $249.00

Silicon Motion is down -12.5%, or -$35.48 to $249.00.

Silicon Motion Completes First Stage of EU Cyber Resilience Act Compliance

Silicon Motion announced that it has completed the first stage of its compliance program for the European Union Cyber Resilience Act. Following a comprehensive internal assessment, the company has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that take effect on September 11, 2026, and has established vulnerability-handling processes covering key areas contemplated by the CRA, as part of its ongoing CRA readiness efforts. This milestone underscores Silicon Motion's commitment to product security and provides customers with a trusted foundation for addressing evolving cybersecurity requirements for products with digital elements in the European Union. This is a preparatory step ahead of the CRA's full application on December 11, 2027, and Silicon Motion will continue to evolve its program as remaining implementing guidance and harmonized standards are further developed and finalized.

Silicon Motion Completes First Stage of EU Cyber Resilience Act Compliance

Silicon Motion has completed the first stage of its compliance program for the European Union Cyber Resilience Act, or CRA. Following a comprehensive internal assessment, the company has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that take effect on September 11, and has established vulnerability-handling processes covering key areas contemplated by the CRA, as part of its ongoing CRA readiness efforts. This is a preparatory step ahead of the CRA's full application on December 11, 2027. To meet the requirements applicable at this stage, Silicon Motion has strengthened its post-market vulnerability management and incident-reporting processes.