Fri, Sep. 16, 1:44 PM
- While already anticipated, Intel (INTC +2%) components are now confirmed to be installed within certain iPhone 7 configurations. Two Intel RF transceivers, a baseband modem and RF power management ICs are noted.
- Modems, transceivers and power management ICs provided by Qualcomm (QCOM +0.2% ) are also confirmed to be utilized in other device variations. Qualcomm had historically maintained an exclusive provider position of modem components for previous iPhone iterations.
- Supplies from Skyworks Solutions (SWKS -1.9%), Cirrus Logic (CRUS -1.8%), Samsung Electronics (OTC:SSNLF), Taiwan Semiconductor Manufacturing Company (TSM -0.7%), NXP Semiconductors (NXPI -2.2%), Broadcom (AVGO -1.3%), Qorvo (QRVO -2.4%), Texas Instruments (TXN -0.5%), Toshiba (OTCPK:TOSBF +4.4%), Lattice Semiconductor, (LSCC -0.6%), Dialog Semiconductor (OTC:DLGNF), SK Hynix (OTC:HXSCF) and other makers also so far validated.
Wed, Sep. 14, 10:02 AM
- Key telecom patent holders are joining forces, creating a one-stop shop for companies that need to license technology in building a connected future ranging from the "Internet of Things" to connected cars.
- A newly formed company, Avanci, incorporates patents of partner firms including Qualcomm (NASDAQ:QCOM), Ericsson (NASDAQ:ERIC), ZTE (OTCPK:ZTCOY) and Royal KPN (OTCPK:KKPNY). It will offer flat-rate licenses for patents in 2G, 3G and 4G technology that will vary based on the "value the technology brings to the device."
- Such a setup will let those building connected cars, or smart meters and thermostats, quickly settle licensing around required patents without wading into complicated negotiations with several parties. For the telecoms, it means more and easier licensing opportunities beyond phones and tablets.
- Kasim Alfalahi had left Ericsson to found the new group.
Mon, Sep. 12, 4:11 PM
- Extends a relationship with Amkor Technology (NASDAQ:AMKR) in an effort to improve supply chain and operational efficiencies.
- Facility to be know as Qualcomm Communication Technologies Ltd.
- Qualcomm China (NASDAQ:QCOM) chairman Frank Meng: "Qualcomm Technologies continually strives to improve our manufacturing footprint in China and the formation of Qualcomm Communication Technologies in Shanghai is another example of this dedication."
- Amkor president and CEO Steve Kelley: "We are excited to work with Qualcomm Technologies in their new test operation in China. Amkor offers the most advanced outsourced assembly and test technologies in China, and this expanded relationship is a natural extension of the long history of close collaboration between our two companies."
- Operations are set to commence October 18.
Fri, Sep. 9, 3:39 PM
- While Apple (AAPL -1.8%) has exclusively used Qualcomm (QCOM -3.1%) modem components in past iPhone devices, Intel (INTC -2.2%) supply has made its way into the new 7 and 7 Plus models.
- Though reasoning as logical as carrier compatibility (Sprint and Verizon are not supported by Intel's modem chip) could be figured, Recode points out keeping Qualcomm and bringing on Intel signals a deliberately strategic move.
- While the supplier adjustment marks a boon for Intel (some analysts are forecasting up to half of iPhone 7 devices shipping with its components) and the loss of an exclusive provider position for Qualcomm, Apple's advantage resulting from the arrangement remains most marked.
Fri, Aug. 19, 11:43 AM
- The chip sector is hot but no name is hotter than Advanced Micro Devices (AMD +10.9%). The company has been gradually rising since last August and has really hit its stride since returning to Y/Y revenue growth for the first time since 2014 in Q2.
- The only company remotely in the ballpark of this type of growth is Nvidia (NVDA +0.4%) with a now 170% increase over the last year.
- Comparably, Intel Corporation (INTC +0.5%) is up slightly over 23%, Micron Technology (MU +3.7%) around 2%, Applied Materials (AMAT +6.7%) nearly 80%, Analog Devices (ADI +0.4%) around 10%, ARM Holdings (ARMH -0.8%) around 56%, Linear Technology (LLTC +0.1%) around 46%, NXP Semiconductors (NXPI +1.2%) around 2%, Marvell Technology (MRVL +3.9%) slightly over 1%, Qualcomm (QCOM -0.4%) around 2.5%, Broadcom (AVGO +0.5%) around 26% and Texas Instruments (TXN +0.3%) around 43% for the same period.
- Advanced Micro Devices shares continues to increase following this week's operational-reveal of the company's highly anticipated Zen-core processors.
Mon, Jul. 25, 3:30 PM
- Advanced Micro Devices (AMD +16.8%) [current volume 99.07M vs. 29.38M average] posted an impressive quarter last week and its share price continues to climb.
- Solitron Devices (OTCQB:SODI +11.7%) [current volume 98,631 vs. 2,656 average] and Micron Technology [current volume 43.08M vs. 31.60M average] are rising as well with Micron adopting a shareholder rights plan amid takeover speculation and Solitron appointing an investor long at odds with its board as CEO last Friday.
- With Qualcomm (QCOM -0.9%) surging last week, Nvidia (NVDA +1.9%) shares up 23%+ since late June, AMD's positive quarter and apparent turnaround, and with the exception of Intel (INTC -0.1%) and some others, the semiconductor sector has found itself on a tear.
Thu, Jul. 21, 3:00 PM
Thu, Jul. 21, 2:10 PM
- Qualcomm (QCOM +8%) reported EPS $0.19 above expectations and revenue +3.4% Y/Y of $6.03B.
- MSM chip shipments of 201M vs. 175M-195M expected. Though beating this quarter's estimates, this figure is down from the 225M MSM chips shipped in Q3 2015. The company guides chip shipments of 195M-215M and revenues of $5.4B - $6.2B for Q4.
- CEO Steve Mollenkopf cites headway with Chinese licensees and OEM growth in the Chinese market. Also notes investments in 5G and other technologies as a base for future earnings potential.
Thu, Jul. 21, 9:15 AM
Wed, Jul. 20, 5:42 PM
Wed, Jul. 20, 4:09 PM
Tue, Jul. 19, 5:35 PM
Tue, Jul. 12, 9:02 AM
Tue, Jul. 5, 10:18 AM
- Cirrus Logic (NASDAQ:CRUS) is off 7.4% and Skyworks Solutions (NASDAQ:SWKS) down 5.6% as Pacific Crest downgrades both to Sector Weight amid some disappointing iPhone supply chain forecasts.
- Qorvo (QRVO -5.5%) and InvenSense (INVN -5.1%) are down as well.
- Pac Crest has a fair value range of Cirrus Logic of $33-$36 (vs. its previous close of $38.04) and for $60-$67 on Skyworks (vs. previous close of $62.60).
- It also cut price targets on Analog Devices (ADI -1.7%) to $60 from $62 (7.7% upside); Broadcom (AVGO -2.5%) to $180 from $185 (19.7% upside) and Qualcomm (QCOM -1.3%) to $59 from $61 (12.8% upside).
- "Our lowered estimates reflect a much more disappointing second-half 2016 iPhone 7 ramp than what we had previously expected, as feedback from Asia indicates units are expected to be down 15% to 20% as compared to the iPhone 6s, as Apple appears to be taking a much more cautious view of the ramp," the analysts wrote.
Mon, Jul. 4, 7:39 AM| Mon, Jul. 4, 7:39 AM | 5 Comments
Thu, Jun. 30, 8:24 AM| Thu, Jun. 30, 8:24 AM | 15 Comments