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Spreadtrum Communications, Inc. (SPRD)

- NASDAQ
SPRD is defunct.
  • Dec. 13, 2012, 8:22 AM
    Spreadtrum Communications (SPRD) declares $0.10/share quarterly dividend, in line with previous. Forward yield 2.39%. For shareholders of record Dec. 24. Payable Dec. 31. Ex-div date Dec. 20. (PR)
    | Dec. 13, 2012, 8:22 AM | Comment!
  • Dec. 11, 2012, 2:42 PM
    As high-beta tech names trade higher today, several Chinese ADRs pummeled recently on SEC/delisting fears are among the standouts. CTRP +5.9%. YY +4.9%. YOKU +7.2%. SPRD +5.3%. SINA +5%.
    | Dec. 11, 2012, 2:42 PM | Comment!
  • Dec. 10, 2012, 1:47 PM
    Chipmakers Spreadtrum (SPRD -6.3%), Marvell (MRVL -1.9%), and Sequans (SQNS -1%) are all off. Chinese media reports only 1 of 9 companies taking part in government tests for 4G TD-LTE baseband chips - a group including the aforementioned names - fully met government standards in a test. China Mobile (CHL) is plotting a commercial TD-LTE launch, but its timing depends on approval by a government that may chose to bide its time in so that more subscribers are racked up for CHL's 3G network, which relies on home-grown TD-SCDMA tech.
    | Dec. 10, 2012, 1:47 PM | Comment!
  • Dec. 7, 2012, 6:51 PM
    Some Chinese ADRs were among the biggest tech losers today, possibly thanks to ongoing de-listing fears stemming from the SEC's lawsuits against the Chinese arms of the Big-4 accounting firms. SPRD -8.2%. YOKU -6.9%. AMAP -5.7%. On the other hand, some Chinese solar names posted huge gains, likely on hopes JinkoSolar's $1B financing deal with China Development Bank indicates government support for the cash-burning industry remains strong. TSL +9.6%. LDK +12.1%.
    | Dec. 7, 2012, 6:51 PM | 2 Comments
  • Dec. 5, 2012, 1:04 PM
    Qualcomm (QCOM +0.5%) has announced its first quad-core Snapdragon processors containing integrated baseband modems: the MSM8226 and MSM8626. They appear aimed at emerging markets: neither supports 4G, but both support China Mobile's TD-SCDMA 3G network. Qualcomm's first quad-core part, the APQ8064, has been designed into high-end Android phones. The latest chips, which feature a less powerful GPU, come as Qualcomm sees growing mid-range competition from the likes of Broadcom and MediaTek. Samples are due in Q213.
    | Dec. 5, 2012, 1:04 PM | Comment!
  • Dec. 4, 2012, 1:53 PM
    Never shy to make big R&D investments, Broadcom (BRCM +1%) unveiled a refresh of its baseband/app processor line. New products include a chip that features dual 1.2 GHz. ARM CPUs, and one that combines two dual-core chips in a single solution. Unlike Qualcomm's Snapdragon line, none of the chips support 4G, and their performance will likely trail Qualcomm and Nvidia's best. But they could get designed into cheaper Android phones aimed at emerging markets. Samsung is a key Broadcom baseband client. (PRs: I, II) (Chinese efforts)
    | Dec. 4, 2012, 1:53 PM | Comment!
  • Nov. 20, 2012, 3:03 PM
    China's big-3 mobile carriers added 11.2M new subscribers in October, and put 9.9M more subs on their 3G networks. China Mobile (CHL -1.4%) respectively added 5M and 3.7M new and 3G subs, China Unicom (CHU -2.1%) 3.4M and 3.2M, and China Telecom (CHA -2.4%) 2.9M and 3M. In spite of the increases, only 19% of China's 1.09B subs were on a 3G network at month's end, leaving plenty of growth for Qualcomm (previous), Marvell, Spreadtrum, Apple, and others. (chart)
    | Nov. 20, 2012, 3:03 PM | 1 Comment
  • Nov. 9, 2012, 12:21 PM
    Spreadtrum (SPRD -10%) gets downgraded to Neutral by JPMorgan following its Q3 report, which featured soft gross margin data. The firm thinks monthly shipments of smartphones featuring Spreadtrum's baseband chips will peak in November due to the end of China Mobile's (CHL) 2012 3G phone procurement program, and that CHL's 2013 procurement plan might not arrive until after the Chinese New Year. JPMorgan also cautions Spreadtrum's dual-core chips might not begin shipping until April. (transcript)
    | Nov. 9, 2012, 12:21 PM | Comment!
  • Nov. 9, 2012, 9:10 AM
    Premarket gainers: ZIP +27%. KYAK +26%. LGF +9%. ENR +8%. PSTI +8%. IGT +7%. WCRX +6%. ISIS +5%.
    Losers: GRPN -23%. MTG -15%. ARRY -12%. PGRX -12%. SPRD -10%. JCP -8%. PVR -6%. CPIX -5%. DIS -5%.
    | Nov. 9, 2012, 9:10 AM | 1 Comment
  • Nov. 8, 2012, 7:07 PM
    Spreadtrum (SPRD) -10.5% AH following its Q3 report, even though results beat estimates and Q4 revenue guidance of $189M-$196M is largely above a $189.9M consensus. There might be some concerns about gross margin - it rose only 20 bps Q/Q in spite of an 8.5% increase in revenue, and was down 450 bps Y/Y. GM is also expected to be flat in Q4. Growing competition in China's TD-SCDMA baseband chip market could be leading to price pressure. Shares have had a nice rally since May. CC at 8PM ET (webcast). (PR)
    | Nov. 8, 2012, 7:07 PM | Comment!
  • Nov. 8, 2012, 4:18 PM
    Spreadtrum Communications (SPRD): Q3 EPS of $0.56 beats by $0.07. Revenue of $187.9M (+1.7% Y/Y) beats by $16M. (PR)
    | Nov. 8, 2012, 4:18 PM | Comment!
  • Nov. 8, 2012, 12:10 AM
    Notable earnings after Thursday’s close: AFFY, AGO, CBOU, CUBE, DAR, DGIT, DIS, DLB, DNN, EGLE, EVEP, GRPN, HALO, HOGS, IGT, IO, JAZZ, JWN, LGF, MCHP, MDRX, MKL, NVDA, PSA, RNDY, SD, SPRD, SQNM, UBNT, WPRT, WR, ZGNX, ZIP
    | Nov. 8, 2012, 12:10 AM | Comment!
  • Nov. 7, 2012, 5:35 PM
    Notable earnings after Thursday’s close: AFFY, AGO, CBOU, CUBE, DAR, DGIT, DIS, DLB, DNN, EGLE, EVEP, GRPN, HALO, HOGS, IGT, IO, JAZZ, JWN, LGF, MCHP, MDRX, MKL, NVDA, PSA, RNDY, SD, SPRD, SQNM, UBNT, WPRT, WR, ZGNX, ZIP
    | Nov. 7, 2012, 5:35 PM | Comment!
  • Oct. 29, 2012, 1:37 PM
    Stock market closures haven't stopped sell-side firms from issuing ratings changes today. Among the tech changes: Deutsche is downgrading MetroPCS (PCS) to Hold, Credit Suisse is upgrading Wipro (WIT) to Outperform, Citigroup is upgrading AU Optronics (AUO) to Buy, and Deutsche is starting coverage on Spreadtrum (SPRD) at Buy.
    | Oct. 29, 2012, 1:37 PM | Comment!
  • Oct. 10, 2012, 1:39 PM
    Qualcomm (QCOM -0.8%) is off modestly after receiving both an upgrade to Outperform from BNP Paribas, and a downgrade to Neutral from DA Davidson. Like Avian, Davidson is worried about Qualcomm's competitive threats: an upcoming Intel 4G baseband chip, Nvidia's Tegra 3 app processor design wins, Broadcom's mid-range baseband design wins, and competition from Spreadtrum, MediaTek, and RDA Microelectronics in the Chinese market are cited.
    | Oct. 10, 2012, 1:39 PM | Comment!
  • Oct. 2, 2012, 6:42 PM
    China Mobile (CHL) hopes to sell 100M TD-SCDMA 3G smartphones in 2013, up from an expected 60M in 2012. TD-SCDMA baseband chip leaders Spreadtrum (SPRD) and Marvell (MRVL) must be glad to hear that. So must Qualcomm, which will reportedly offer a 3G/4G reference design to OEMs in Q1. But price competition is likely to be fierce: CHL expects unsubsidized TD-SCDMA dual-core smartphone prices to hit CNY1,000 ($158) by the end of 2012, and quad-core prices to follow suit in 2013.
    | Oct. 2, 2012, 6:42 PM | Comment!
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Company Description
Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market.
Sector: Technology
Country: China