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

To: Joe NYC who wrote (4250)	10/16/2008 9:20:56 AM
From: Joe NYC	Read Replies (2) \| Respond to of 4590

From CC: As a result revenue from SP1 was in the low double-digit millions of dollars for the quarter. Hmm... SP1, which may be worth about 1/2 of Spansion's current assets generted, maybe $20M, while the other 1/2 of the assets generated the remaining $611M. That's some mismatch... Progress on customer qualifications across the board in SP1 to a full range of customer including our biggest NOR customer allowed us to build inventory ahead going into Q4. We are now on track with our SP1 factory quals including 1.8-volt wireless NOR in our market, 3-volt customer NOR devices, MirrorBit clips and EcoRAM solutions. At this rate we are planning to realize full revenue from Sp1 productions around Q2 of 09 at which time we expect to add further capacity by ramping up these products at SMIC to meet customer demand. The progress in ramping SP1, or more precisely, converting customers from 90nm or so output from Fab 25 to 65nm output from SP1 has been painfully slow... I’d like to mention that quarter-on-quarter the number of units shipped in wireless went up by 10 million from 85 million in Q2 to 95 million in Q3. Interesting enough the low density least profitable segment in wireless went down in units quarter-on-quarter while 256 megabit and 512 megabit revenue was up by 33%. WSD expects significant 65 nanometer NOR revenue from Sp1 in Q4. Good. Finally... Joe