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Tablet & SmartPhone Wars, who will win?

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According to some analysts, the winners could be in less looked spaces like the lower end cell phone and smartphone markets. Which are served by Taiwain's Mediatek and China's Spreadtrum (NASDAQ:SPRD)

The low end is currently where much of the unit volume growth is, worldwide.

Proof of this is Spreadtrum which reported:



  • Total revenue increased 229.6% from 2009 to US$346.3 million.
  • Gross profit was US$152.5 million, up 299.2% from 2009. Gross margin was 44.0% compared to 36.4% in the previous year.
  • Cash flows from operations were US$168.1 million, compared with US$19.7 million for the full year 2009.
  • GAAP net income was US$67.2 million, compared to a net loss of US$19.3 million in 2009.
  • GAAP net income per basic and diluted ADS was US$1.42 and US$1.28, respectively, an improvement from a loss of US$0.43 per basic and diluted ADS in 2009.
  • Non-GAAP net income was US$82.0 million, compared to a loss of US$9.6 million in 2009. Non-GAAP net income per diluted ADS was US$1.56, an improvement from a loss of US$0.21 per diluted ADS in 2009.