KOPN CC part II
Q) Impact of Skyworks merge on Rev
A) More complete product for customers
Q) Core business grow at on cyber display
A) growth 10 percent q-q, q before 30 per q-q
Q) Legacy business growing
A: Modest but growing
Q) Linearity?
A) Usually very linear, have 90 day projections from customers, expect linear q
Q) Margins on products and effects on margins?
A) Pricing fairly consistent with projections, no break out of margins
Q) Nature of return III-V customers?
A) Most overseas for power Amp, already designed and now selling through
Q) Competitive environment for rest of year
A) Still very competitive, we are one of the largest though and expect customers will want to go with largest
Q)cyberdisplay has currently 30 per of market, top end limit on camcorders
A) Still a ways to go , still 20 percent of CRT's being used, can replace that
Q) Timing of non-camcorder rev being significant
A) Industrial and military increasing a lot, a lot of potential competitors are gone during the down turn
Q) Of exist top 5 camcorder customers will additional come from them?
A)Don't have all models, overall camcorders marekt growing at 10 to 15 percent per year
Q) At any point will any 2 of the additional camacorders
use cyberdisplay?
A: Trying
Q: R&D break down III-V to cyberdisplay?
A: Hard to do. Historically most for cyberdisplay.
Q: Cap utilization 60 percent for III-V, any added capacity in q?
A: 60 percent for the overall not just III-V
Q: Cap utilization III-V?
A: 60 percent, 1 new machine qualified , qualifying one more next Q
Q: Any new competitors?
A: Competition varies. Last year most domestic. Most domestic gone today. Taiwan not worried about it.
Q: Color on modest q-q growth? Modest single digits?
A: Hard to say. Very choppy the last few weeks. Customer demand strong and steady.
Q: New product development, when will rev be seen?
A: No comment. No new product rev in rev numbers for next q.
Q: When break even?
A: Hard to say. Cash flow positive last 2 q's.
Q: III-V customer dormant for year. Japan?
A: good guess.
Q: Cyberdisplay gross margins higher than corporate average again this q?
A: yes
Q: Cyberdiplay greater than break even on EBDIT bases?
A: yes
Q: Trend in 6 inch III-V,accelerating faster?
A: Percent staying at 20 percent, but rev expanding.
Q: Break even rev rate?
A: 21 to 23 mil depending on product mix
Q: competitive landscape still the same, any shift in HBT later in year due to any technology shift. Usually KOPN and another competitor.
A: III-V not much split. Not much of a competitor. RFMD internal. Never sell HBT outside. Outside merchant market, 7 to 8 companies spliting 20 percent
Q: Any reason of shift to color displays on camcorders.
A: In last year mono has gone up. Color resolution and sharpness needs to go up and price come down to get increase. Europe and Asia like a sharpeer mono-chrome. US color demand.
Q: Confidence in projections.
A: 20 per q-q growth tough in this enviroment. See growth though.
Q: Increase in 6 inch InGaP in Q3. InGaP vers Out Gap
A: 4 inch and 6 inch rev increase the last 2 q's. same percentages. Same situation in InGaP vers Out GaP. All new customers InGaP. Existing customers of older Out GaP still using Out GaP. Both InGaP and Out GaP still growing.
Expect same ration in Q3.
Q: Any growth in GM or Op Ex given modest rev growth.
A: Margin flat
Q: Trend in raw material decrease?
A: Cost of all raw materials going down since we have been growing, gives us pricing power, 10 to 15 percent decrease Y-Y
Q:Cyberdisplay side, any progress on digital still camera and phones? Mono or color?
A: Mostly color for these applications. Hard to tell timing.
Q: Micrel stock. How many shares?
A: 725,000 last Q. 625,000 shares now. |
