QCOM CC part 2
Q: Chip ASP improving Q-Q, 1X volume should be up, why QCP margin pressure then?
A: Rev flat, but R+D expenses higher, gross margins higher
Q: 10.8 mil item on other income.
A: Related to FCC voucher as result of mid 90's pioneer preference, Have 125 mil voucher, Sold 10.8 mil of that in Q.
Q: QCP margin, will it go above 20 percent going forward.
A: depends on volume, should see some improved with improved volume, Q1 should be up, should improve through year. GM will stay the same if not improve.
Q: ASP decline of 10 per, why in past 15 per?
A: Decline over last 12 months have been less than 10 percent, depend on mix, high even market US, Korea and Japan, Low end India and Brazil, China mixture of both, expect big impact of 1X in 2002, low cost markets will ramp in 2003
Q: sub $100 phones, when ramp?
A: ramp by end of this year, 1X phones
Q: ASP for chip business, ramp of W-CDMA ramp have any effect?
A: Don't expect till 2003 W-CDMA ramp.
Q:Globastar staff shift?
A: 400 engineers from globalstar, shift across many segments, biggest number went to QCT,
150,000 per person for charges
Q: BTB for chips in Q?
A: Positive, Greater than 1 in Q3
Q: 101 mil benefit next year, assumptions?
A: 60 mil from licenses, 40 mil to Omnitrack, should be the same next Q
Q: Average amortization period for licenses?
A:5 to 7 years. 6 average.
Q: 85 ot 95 mil units, Geographic split?
A: 4 mil in China low end, 7 to 8 mil in China. for high end, US market 30 mil this year, Korea same as this year,-12 to 13 mil, Latin Amer flat 15 mil, rest of world balance
Q: March Q? March 2002 up for chipset rev and EPS?
A: No guidance yet. Expect growth in year, Q2 up from Q1. Ramp is 2H though.
Q: Driver for March Q.
A: 1X ramp and China kick in
Q: Visibility for 15 to 16 mil chipset in Dec Q?
A: Good visibility. Most booked.
Q: into March?
A: hard to see, typical, Need another month. Hope of CSM market growth in March Q. India might start buildout. Unicom talking about 1X re-order
Q: Inventory? Did customers burn some inventory?
A: Expect this to be the bottom Q. See strong re-bound in US and Korea. As expected.
Q: SAB 101 without, would be 3 cents higher?
A: Yes
Q: Any other loans outstanding?
A: Pigaso biggest, LWIN much smaller, Vespa and LWIN same debt levels,
Q: Vespa spin to shareholders?
A: Next 12 months?
Q: India time line?
A: Moving ahead, issues of unexpected events, indication of spring build out be more than one carriers, 2mil from India already in numbers.
Q: Color screens?
A: Saw launch in Korea. Price in Korea varies a lot by feature. VZ not announced price. Shortage of color screens right now, holding back sales.
Q: Market share for chipset. MOT will use QCOM chips. NOK using own?
A: Don't know. will go up
Q: Supplying NOK in Korea. Into USA too?
A: Hopeful.
Q: W-CDMA wins?
A: 3 customers. Announced 2. Will see more wins going forward.
Q: GPRS? Will Latin Amer pick up next upgrade cycle.
A: Latin Amer going slow due to cap ex slow down. Working with them.
Q: Pigaso debt. Catch up in 2002? 2 cent in Q4, 2 cent in Q1?
A: Yes possible, 2 cent for Q4 Q1 might be different.
End at 56 minute point, still 25 minutes to go |
