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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST
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From: bobs101/16/2008 8:42:03 AM
   of 4590
 
Chinese handset demand:

digitimes.com

Article:

Some industry players highlighted that the growing popularity of handsets supporting dual SIM cards has added to the volatility. Demand for these handsets soared in the third quarter of 2007 as evident in the over 45% sequential sales growth at MediaTek in the quarter. Quarterly handset chips shipments hit 40-50 million units also, the players noted.

However, as demand for these handsets was not sustained, MediaTek thus requires a longer-than-expected time to clear its inventory, they remarked.
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