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Technology Stocks : Sequans Communications
SQNS 7.700+0.9%11:35 AM EDT
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To: FJB who wrote (2237)2/9/2021 5:27:16 PM
From: FJB1 Recommendation

Recommended By
frmrVZguy

  Read Replies (1) of 2386
 
So, given our backlog and strong design win momentum, we are
comfortable with the range of analysts’ estimates for this year strictly from
the perspective of demand.

However, like the rest of the industry, we are facing sourcing challenges in
the form of a global shortage of some assembly material like PCB and
substrate and silicon capacity constraints at TSMC. We are working on
various initiatives to mitigate the bottlenecks in our supply chain, but
meanwhile there is a risk that some shipments could be delayed. Since the
entire industry is in the same boat, we don’t expect this to result in loss of
business – only potential delays.
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