Fri, Apr. 24, 11:37 AM
- Possibly weighing on Silicon Motion (SIMO -7.1%) today: Northland Securities observes memory giant SK Hynix (OTC:HXSCF - reported earnings on Wednesday) plans to launch its own NAND controllers for the new/high-speed UFS 2.0 standard in late 2015 or early 2016
- Northland expects UFS 2.0 (used in Samsung's Galaxy S6 and expected to go into Xiaomi's next-gen flagship) to gain share against the widely-used eMMC standard on the high-end, and thinks Hynix's controllers "will likely impact SIMO's share" at the company. It notes Hynix accounts for ~90% of SIMO's eMMC controller business, or ~35% of total revenue.
- SIMO is working on its own UFS 2.0 controllers, which are expected to ship late this year or early next. Northland: "I do not believe that all of the eMMC business is at risk, but this will not be received well by the Street. SIMO will have this as a headwind until they can show that they will not lose significant share at SK Hynix."
- Earlier: SIMO buying Chinese SSD/storage vendor
Feb. 27, 2012, 9:09 AM
Jul. 29, 2011, 3:45 PMMemory technology firm Rambus (RMBS) is down 3.2% after an appeals court refuses to reconsider a ruling finding the company guilty of destroying documents relevant to a lawsuit against DRAM manufacturers Micron (MU) and Hynix (HXSCF.PK). However, analyst Mike Crawford doesn't think the ruling will affect the conflict's resolution. | 1 Comment
HXSCF vs. ETF Alternatives
Other News & PR