Raefon.....Lot of tidbits in the 10k. Particularly pp. 27-28 (Business Outlook and Risk Factors). We need the new, high-margin programs to begin shipping in a timely fashion.
If and when the proprietary technology commercializes, margins will boost. Subject to the vagaries of fate, until then.
35 different MOT products using TFS components, yes, but ALL in wireless communication.
I'll tell you one thing.....TFS gets more bang from its R&D money than any other company I am aware of. It is way on the low end of R&D as a percent of revenue, for a true tech company, but a significant % of its year 2,000 revenues will likely come from its own new products, and I think LCiD will be the biggest one. I am not hot on LCoS, because TI already has a good, competing product on the market, used by Infocus, and by the time we get there, the low temperature polysilicon microdisplays will be clearly visible on the horizon, with cheaper and easier manufacturing. (All subject to my standard disclaimer that I possess no independent knowledge about the technology.) I do not know what products will use the grey scales and 'active addressing' display speed of the LCaD, but I am sure it will find some homes. These products can lead us out of the low-information, commodity display era.
Toby and Jim, what do you think about the low-temperature polysilicon micro-displays, vis a vis the LCoS ??? First-to-market is powerful, but TI already has that advantage, at least as to digital projectors. The LitePro 420 from Infocus uses the TI microdisplay engine, and is selling well, obsoleting other Infocus products, just like Andy Grove says. |
