<SEC-DOCUMENT>0001178913-23-002903.txt : 20230816
<SEC-HEADER>0001178913-23-002903.hdr.sgml : 20230816
<ACCEPTANCE-DATETIME>20230816090008
ACCESSION NUMBER:		0001178913-23-002903
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230816
FILED AS OF DATE:		20230816
DATE AS OF CHANGE:		20230816

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILICOM LTD.
		CENTRAL INDEX KEY:			0000916793
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23288
		FILM NUMBER:		231176595

	BUSINESS ADDRESS:	
		STREET 1:		14 ATIR YEDA ST.
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			4464323
		BUSINESS PHONE:		97297644555

	MAIL ADDRESS:	
		STREET 1:		14 ATIR YEDA ST.
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			4464323

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SILICOM LTD
		DATE OF NAME CHANGE:	19940103
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk2330185.htm
<DESCRIPTION>6-K
<TEXT>
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        <div style="text-align: center; line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-weight: bold;">UNITED STATES</div>
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Washington, D.C. 20549</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">Form 6-K</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER&#160;PURSUANT
        TO RULE 13a-16</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">For the month of August 2023</div>
      <div style="text-align: center; line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Commission File Number 000-23288</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SILICOM LTD.</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Translation of Registrant&#8217;s name into English)</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">14 Atir Yeda St., Kfar-Sava 4464323, Israel</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Address of Principal Executive Offices)</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
        Form 40-F.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; text-align: center;">Form 20-F&#160;<font style="font-family: 'Times New Roman',Times,serif;">&#9746;</font>&#160; &#160;&#160; Form 40-F&#160;<font style="font-family: 'Times New Roman',Times,serif;">&#9744;</font> </div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
        Rule 101(b)(1):___</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
        Rule 101(b)(7):___</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">On August 16, 2023, the Registrant issued a press release: &#8220;Silicom Launches A New High-End Edge Product Line, Announces 1st
        Design Win with $3.5M Initial Order&#8221;.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Attached hereto are the following exhibits:</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z5e601c004ce941669e38fa3a999a3966">

            <tr>
              <td style="width: 10%;"><a href="exhibit_99-1.htm"><font style="font-family: 'Times New Roman',Times,serif;">Exhibit 99.1</font><br>
                  </a></td>
              <td style="width: 90%;"><a href="exhibit_99-1.htm"><font style="font-family: 'Times New Roman',Times,serif;">Press Release</font></a></td>
            </tr>

        </table>
      </div>
      <br>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">This Form 6-K, including all exhibits hereto, is hereby incorporated by reference into all effective registration statements
        filed by the registrant under the Securities Act of 1933.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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      </div>
      <div style="text-align: center; line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-weight: bold;">SIGNATURES</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
        report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">
        <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; border-collapse: separate; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">

            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 38%;" colspan="2">
                <div><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">SILICOM LTD.</font></div>
                <div>(Registrant)</div>
              </td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" style="width: 35%;">&#160;</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" align="left" style="width: 50%; padding-bottom: 2px;">
                <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">Date: August 16, 2023</div>
              </td>
              <td valign="top" style="width: 3%; padding-bottom: 2px;">
                <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">By: </div>
              </td>
              <td valign="top" nowrap="nowrap" align="left" style="width: 35%; border-bottom: #000000 2px solid">/s/ Eran Gilad</td>
              <td valign="top" style="width: 12%; padding-bottom: 2px;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="bottom" nowrap="nowrap" align="left" style="width: 35%;">Eran Gilad</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" style="width: 35%;">Chief Financial Officer</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" style="width: 35%;">&#160;</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <div style="text-align: right;"><u><font style="font-weight: bold;">Exhibit 99.1</font></u><br>
    </div>
    <div><br>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25;"><img width="230" height="83" src="image0.jpg"></div>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="text-align: center; margin-right: 42.45pt; margin-left: 42.55pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>Silicom Launches A New High-End Edge </u></div>
      <div style="text-align: center; margin-right: 42.45pt; margin-left: 42.55pt; line-height: 1.25; font-size: 18pt; font-weight: bold;"><font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif;"><u>Product Line, Announces 1st Design Win</u><br>
        <u>with $3.5M Initial Order</u></font></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; text-align: center;"><font style="font-family: 'Times New Roman',Times,serif; font-style: italic;"><font style="font-style: italic;">&#8211;</font> New product line strengthens Silicom&#8217;s positioning as a &#8220;one-stop-shop&#8221; for Edge platform needs &#8211;</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
        </font></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; text-align: center;"><font style="font-family: 'Times New Roman',Times,serif; font-style: italic;"><font style="font-style: italic;">- </font>Discussions and POCs underway with AI, cybersecurity, SASE and additional prospects -</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
        </font></div>
      <br>
      <div style="text-align: justify; line-height: 1.25; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">KFAR SAVA, Israel &#8211; August 16,
          2023 - Silicom Ltd. (NASDAQ: <u>SILC</u>), </font><font style="font-size: 10pt;">a leading provider of networking and data infrastructure solutions, today launched a new line of advanced high-end Edge platforms together with a major design win and initial $3.5
          million order.</font></div>
      <div style="line-height: 1.25; text-align: justify;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">The order for these feature-rich, high compute-power products was placed by a security solution vendor, one of Silicom&#8217;s
        long-time customers, to support its advanced compute and networking-intensive use cases. Deliveries of first production units are planned for the first quarter of 2024.</div>
      <div style="line-height: 1.25; text-align: justify;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">In parallel, Silicom is in discussions and POCs regarding these products with other customers and prospects for a diverse
        range of AI, cybersecurity, SASE, SD-WAN, content delivery and additional applications.<font style="color: rgb(0, 0, 0);">&#160;</font></div>
      <div style="line-height: 1.25; text-align: justify;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#8220;Our decision to develop this new Edge product line followed demand from both major customers and strategic prospects,&#8221;
        commented Liron Eizenman, Silicom&#8217;s CEO. &#8220;They turned to us as a trusted and well-established Edge leader to provide them with a new breed of Edge platforms &#8211; each with highly attractive cost/performance ratios - to support their compute-intensive
        use cases.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#8220;Even now, at this early stage, the fact that these products can address such a broad range of use cases is opening up
        significant new opportunities for us, such as an AI inference application that we are discussing with a large telco in cooperation with a leading AI ASIC vendor,&#8221; continued Mr. Eizenman. &#8220;This confirms the breadth and depth of the Edge market as a
        whole, and its potential to serve as a long-term growth driver for Silicom.&#8221;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;"> <br>
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">***</div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
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            <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
        </div>
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">About Silicom</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed
          primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom&#8217;s solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that
          enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of
          cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.</div>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure
          offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Silicom&#8217;s long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active
          Design Wins and more than 300 product SKUs have made Silicom a &#8220;go-to&#8221; connectivity/performance partner of choice for technology leaders around the globe.</div>
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">For more information, please visit: <font style="color: rgb(0, 0, 255);"><u>www.silicom.co.il</u></font></div>
      </div>
      <br>
      <div style="line-height: 1.25;">
        <div style="text-align: justify; line-height: 1.25; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 10pt;">Statements in this
            press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of
            the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue
            growth on a limited number of customers in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide
            solutions in these evolving markets, resulting in an increasing dependence on a smaller number of larger customers, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition,
            protection of intellectual property, competition,&#160;disruptions to our manufacturing, sales &amp; marketing, development and customer support activities,&#160;the impact of the war in Ukraine, rising inflation, rising interest rates, volatile exchange rates and commodities&#8217; prices, as well as any continuing or new effects resulting from the COVID-19 pandemic, and
            &#160;the global economy uncertainty &#160;which may impact customer demand through their exercising greater caution and selectivity with their short-term IT investment plans, as well as those other factors discussed in our Annual Report on Form 20-F and
            other documents filed by the Company and that may be subsequently filed by the company from time to time with the SEC. These forward-looking statements can generally be
              identified as such because the context of the statement will include words, such as &#8220;expects,&#8221; &#8220;should,&#8221; &#8220;believes,&#8221; &#8220;anticipates&#8221; or words of similar import. Similarly, statements that describe future plans, objectives or goals are also
              forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such
              forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.</font></div>
        <div style="line-height: 1.25;">&#160;</div>
      </div>
      <table cellspacing="0" cellpadding="0" id="z05eafb6eba6741a98b8314d536ad0dcc" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;"><u>Company Contact:</u></div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Eran Gilad, CFO</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Silicom Ltd.</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Tel: +972-9-764-4555</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">E-mail: <u><font style="color: rgb(0, 0, 255);">erang@silicom.co.il</font></u></div>
              </div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;"><u>Investor Relations Contact:</u></div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Ehud Helft</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">EK Global Investor Relations</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Tel: +1 212 378 8040</div>
                <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">E-mail: <u>silicom@ekgir.com</u></div>
              </div>
            </td>
          </tr>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
