Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Spansion Inc. -- Ignore unavailable to you. Want to Upgrade?

To: BUGGI-WO who wrote (3539)	3/12/2008 4:05:39 AM
From: BUGGI-WO	Read Replies (1) \| Respond to of 4590

Market Comments " Due to falling shipments of MediaTek handset chips in the fourth quarter of 2007, chip makers have been conservative about demand for handsets in the China market. However, industry sources recently noted that Nokia expects demand for handsets in the China market to increase about 15% this year, and that handset makers have not faced any inventory problems. While heavy snowfall in late January did postpone handset demand partially, it also made consumers realize the importance of handsets, which should help contribute to increased shipments, China handset makers pointed out. Demand for handsets in China totaled 250 million units in 2007, the sources indicated, making China's handset market the second largest in size after the US market. IC design houses such as MediaTek, Elan Microelectronics, Richtek Technology, Global Media Technology, and Pixart Imaging would benefit from growing demand for handsets in the China market. Meanwhile China's white-box handset makers are also determined to increase exports, and an increasing number of makers are already enjoying strong sales performance in Southeast Asia. " digitimes.com 15% YoY growth in China would be 30Mio. units more alone. Not that bad. Market looks healthy. Want to hear numbers from India too ... @TXN warning Was is Nokia and/or Sony? " ... "Although many will be tempted to blame the shortfall primarily on Nokia, based on our checks we are more worried about the pace of sales at Sony Ericsson, the other major wireless customer," said Matthew Hoffman, analyst at Cowen & Co in a note to clients. But Didier Scemama, analyst at ABN Amro, fingered Nokia as the culprit. "We estimate that the $130 million revenue cut (at the mid point) announced last night is equivalent to a reduction of 4.3 million to 8.6 million third-generation handset unit shipments, as Texas Instruments derives between $15 and $30 per 3G handset," the broker said. ... " eetimes.com BUGGI