More on Spreadtrum: Q1 guidance is for revenue of $180M-$186M, above a $171.6M consensus. Q4...

|About: Spreadtrum Communications, ... (SPRD)|By:, SA News Editor

More on Spreadtrum: Q1 guidance is for revenue of $180M-$186M, above a $171.6M consensus. Q4 gross margin was 37.2%, -20 bps Q/Q and -370 bps Y/Y. Opex +11% Y/Y, higher than revenue growth. Over half of Q4 revenue came from smartphone chip shipments. Dual-core 3G TD-SCDMA baseband/app processor (needed to compete against MediaTek and Qualcomm) expected to begin shipping in phones "in very near future." Company plans to roll out 3G W-CDMA and 4G LTE baseband chips (larger markets, but more competition) this year. SPRD +2.5%. (PR)