Spreadtrum (SPRD +3.4%) rallies after SA Pro contributor Ashraf Eassa argues the Chinese...


Spreadtrum (SPRD +3.4%) rallies after SA Pro contributor Ashraf Eassa argues the Chinese baseband chipmaker will benefit from surging low-end smartphone demand. Among his points: Spreadtrum's entry into the W-CDMA 3G baseband space greatly increases its addressable market; a mix shift towards chips with 3G/4G connectivity and more processing power will lead to higher ASPs; and sales of TD-SCDMA 3G chips (used in phones on China Mobile's 3G network) will grow rapidly even if some share is lost (Qualcomm and MediaTek are ramping their efforts here).

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Comments (2)
  • tonyeg
    , contributor
    Comments (172) | Send Message
     
    Look Qualcomm and Media Tek are not main land Chinese companies. Therefore they are not in the same position as Spreadtrum who has received a consistent + 50% market share from the world's largest operator China Mobile. Given this volume that China Mobile can drive, Spreadtrum will continue to be the lowest cost supplier, remember the semiconductor chip business is a volume business. Their success in Europe with Orange demonstrates how they will export their low cost/best performance advantage. SPDR recently announced at they will be hiring an additional 200 engineers. The biggest smart phone growth will come out of China and India where SPDR is the lowest cost/best performance solution. I have been long on SPRD for 18 months. I have worked in the semiconductor industry for over 25 years.
    10 Jun 2013, 03:33 PM Reply Like
  • gg117
    , contributor
    Comments (97) | Send Message
     
    today's raise was caused by their 7710(WCDMA) sample system tweet on Sina Weibo by one of their managers. Claims its faster than 8810.
    10 Jun 2013, 03:49 PM Reply Like
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