Handset demand
Demand doesn't look that solid, when we trust this paper:
"
Taiwan handset IC design houses express concern about leading vendors possibly trimming shipments, citing a slow demand warm up seen so far, according to sources at the companies.
Rumors have surfaced about a possible revision in annual shipments guidance from leading handset vendors, including LG Electronics, Nokia and Samsung Electronics, during the mid-second quarter due to sluggish demand caused by the subprime mortgage meltdown, the sources said. It is likely that most leading handset vendors will be unable to meet their shipment targets in the second quarter, the sources commented.
Citing past experience, handset IC design houses usually see full order bookings in the second quarter. But demand from handset vendors was relatively strong only during March and April. Order bookings have been staying flat with a slowdown in shipments from late April.
Many leading handset IC design houses have already foretold a weak outlook. MediaTek has already indicated that handset demand from China is going to be lulled by macroeconomic controls, with shipments expected to trend down gradually after the Labor Day holiday in early May. Spreadtrum Communications from China, in the meantime, also guided that its second-quarter sales will grow only by single digits on quarter in the second quarter.
"
digitimes.com
Should be an interesting quarter. One full SP1 production
quarter (even more inventory???), 45nm samples???, FAB30
"expansion" -> ASPs (market: NAND vs. NOR)?, Saifun integration
etc. pp ...
PS:
From an technical point, it looks like we already saw the
"lows", but even 3$ is hardly a level, where we could enjoy
a view (for most of us). The "only" thing what SPSN has to
do is bringing Quad in masses!!! on the table. 65/90nm versions
from FAB30 and 65nm versions from SP1 + 45nm later from SP1
too. I'm asking myself, how they could get rid off the high
inventory level, which is imho way too high for these Revs.
I would be pleased if they could cut this off down to the
400Mio. mark. Hope that much less TSMC volume could do this
over the next 2-3 quarters.
BUGGI |
