Silicon Motion Technology Corporation announced the election of Mr. Cain Lin to its board of directors following the retirement of Mr. Yung-Chien Wang as well as the re-election of Mr. Steve Chen to its board of directors following the annual shareholders meeting on December 14, 2023. Mr. Cain Lin is the Managing Director of Cedar Capital Inc., and he formerly served on the board of directors of Auras Technology Co. Ltd. Mr. Lin has over 35 years of experience in the semiconductors and venture capital industries in executive-level roles and holds a BA in Electronic Engineering from National Chen Kung University in Taiwan, an MBA from Santa Clara University, and an MS in Electronic Engineering from the University of Florida.