DALLAS, Aug. 4, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Silicon Image Inc. (Nasdaq:SIMG). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/SIMG
Silicon Image Inc. (SIMG) is a provider of wireless and wired connectivity solutions that enable the reliable distribution and presentation of high-definition content for consumer electronics, mobile and PC markets. It delivers its technology via semiconductor and intellectual property (IP) products that are compliant with global industry standards and also features industry leading SIMG innovations such as InstaPort. The Company's products are deployed by the world's leading electronics manufacturers in devices such as desktop and notebook PCs, DTVs, Blu-ray Disc players, audio-video receivers, as well as mobile phones, tablets and digital cameras.
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In the report, the analyst notes:
"Investors pushed shares of SIMG higher by 30.6% yesterday, a day after the chip maker announced its financial results for the quarter ended June 30, 2011."
"SIMG reported revenue for the second quarter of $53.6 million, an increase of 20.2% from $44.6 million in the comparable quarter of last year, and an increase of 9.4% from $49.0 million in the previous quarter."
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