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OmniVision (OVTI) says on its earnings call that it doesn't expect the high manufacturing costs...
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Thursday, August 30, 2012, 6:00 PM ETOmniVision (OVTI) says on its earnings call that it doesn't expect the high manufacturing costs it blames for a weak FQ1 gross margin to go down in the near-term. But analysts aren't appeased. The company is about to see a huge uptick in Apple-related orders, and there are bound to be concerns, Apple, known for driving a hard bargain with suppliers, did so with OmniVision. But orders are orders - shares remain up 9.4% AH thanks to OmniVision's strong revenue guidance.
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