SSTI earnings snippet...
"During the second quarter, we continued to execute our diversification strategy by expanding our market presence in a very broad range of applications in the digital consumer, networking, wireless communications and Internet computing markets. We saw strong growth of product shipments in many applications including set-top boxes, digital TVs, CD-RW drives, DVD-ROM drives, DVD players, MP3 players, network switches and routers, DSL modems, pagers, cellular phones and cordless telephones."
Damn, SSTI is just about everywhere. I am a great SSTI consumer!!! In the last year I have bought a new PC with a CD-RW, an MP3 player (2 actually), a DSL modem, a cellular phone and three cordless phones for my home. I also own a 1990 vintage Motorola pager.
I noticed that SSTI total revenues exceeded $100 million this quarter which is a phenomenal top line growth rate. They seem to be executing well despite the number of larger competitors in their market. Remarkably, this astronomic growth is based primarily on product revenues. Licensing fees are actually declining over the same time period for SSTI. This is a major difference between SSTI and SNDK. The IP is bartered for manufacturing considerations in SSTI's case, while SNDK has a nice revenue stream and is taking manufacturing into its own hands (in addition to the fabless part of the business). Meanwhile, SNDK is forced to spend a great deal of money trying to enforce patents and wait it out while SSTI is capitalizing on the fact that they have manufacturing capacity at hand, strong manufacturing partners, and product available & ready to ship.
I still see SSTI and SNDK as totally different animals and wish I currently owned both.
Oh well.
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