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Spreadtrum Communications, Inc. (SPRD)

SPRD is defunct.
  • Sep. 26, 2011, 10:50 AM
    UBS is reiterating a Buy on Marvell Technology (MRVL), believing it will profit from growing sales of TD-SCDMA 3G phones for use on China Mobile's (CHL) network. UBS estimates Marvell has a 70% share of baseband chip design wins for TD-SCDMA smartphones. SPRD is another chipmaker with high hopes for the TD-SCDMA market. (previously)
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  • Aug. 5, 2011, 3:07 PM
    Spreadtrum (SPRD) is up 8.8% after reporting Q2 revenue of $160.2M (+124% Y/Y) and EPS of $0.65, beating consensus by $4.8M and $0.11. Q3 revenue guidance of $172M-$178M is above a $165.9M consensus. Spreadtrum claims 50% market share for chipsets supporting the TD-SCDMA standard used for China Mobile's (CHL) 3G network.
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  • Jul. 22, 2011, 3:02 PM
    Wireless Intelligence sees China reaching 1B wireless subscribers by Q2 2012, with a quarter using 3G phones. Still, China's wireless penetration rate will only be 74%, leaving room for carriers China Mobile (CHL), China Unicom (CHU), and China Telecom (CHA) to grow further. MMI, SPRD, AAPL, and QCOM are some tech names poised to benefit.
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  • Jul. 19, 2011, 7:57 AM
    Chinese wireless chipmaker Spreadtrum (SPRD) is acquiring Telegent, a maker of broadcast TV receiver chips for mobile phones. While mobile TV never took off in the U.S., it has gained a following in Japan and South Korea, and might also gain traction in China since it doesn't generate potentially expensive 3G data charges.
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  • Jul. 14, 2011, 2:56 PM
    iSuppli estimates China's domestic smartphone shipments will grow from 35.3M units in 2010 to 111.6M units in 2015, driven by declining prices for both phones and 3G services. This presents a major opportunity for Apple (AAPL) and Qualcomm (QCOM), and also for Chinese wireless chipmaker Spreadtrum (SPRD).
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  • Jul. 8, 2011, 1:54 PM
    Wedge Partners' Brian Blair thinks Spreadtrum (SPRD) recently won a big order from China Mobile (CHL) for chips supporting phones that can run on China Mobile's TD-SCDMA 3G network. Blair also believes an image cited yesterday by Ticonderoga Securities as evidence of a China Mobile iPhone is a fake.
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  • Jun. 30, 2011, 2:55 PM
    Muddy Waters' Carson Block hints he may be wrong on Spreadtrum (SPRD +14%), saying if “we misinterpreted these points as red flags, then the company’s transparency has improved and the stock is going to go up.” Investors may have already figured it out - the stock has jumped 26% over the past two sessions.
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  • Jun. 29, 2011, 10:57 AM
    "As soon as the story hits the front pages ... then a lot more people start piling in," says a hedge fund manager who made a lot of money shorting Chinese reverse merger companies, but has now moved on. "Every trade comes to an end." SPRD +11.3%.
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  • Jun. 29, 2011, 9:00 AM
    Premarket gainers: SPRD +14%. ZZ +14%. MMR +8%. NBG +7%. LOGI +5%. BJ +5%. YOKU +5%. PMI +4%. RENN +4%. BCS +4%. BAC +4%. ING +3%. STD +3%. MTG +3%. IRE +3%. X +3%. DANG +3%. BBVA +3%. AKS +3%. MPEL +3%.
    Losers: RBY -15%. SHAW -13%. ASX -3%. KBH -3%.
  • Jun. 29, 2011, 8:03 AM
    After falling 30% yesterday and then making a near-total recovery, Spreadtrum (SPRD +7.9%) is holding a conference call now. You can listen live here. (previously)
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  • Jun. 28, 2011, 1:12 PM
    Down more than 30% earlier on a Muddy Waters report, Spreadtrum (SPRD) bounces all the way back to unchanged on the day.
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  • Jun. 28, 2011, 11:48 AM
    Here's Muddy Waters' letter to Spreadtrum Communications (SPRD -33%) for those who can't access the website (which seems to have crashed). Top shareholders include Fidelity Management & Research, HSBC (HBC), Schwab (SCHW), Morgan Stanley (MS), Shaw and TCW. (earlier)
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  • Jun. 28, 2011, 11:42 AM
    In an open letter to Spreadtrum Communications (SPRD -27.1%), Muddy Waters says it's "identified a number of issues in SPRD's filings," and believes "there is a high risk of material misstatement in the reported financial since the time of Dr. Ping Wu's resignation." Spreadtrum makes wireless handset chips.
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  • Jun. 28, 2011, 9:00 AM
    Premarket gainers: YOKU +7%. SIGA +6%. ACN +6%. LNKD +6%. IRE +5%. NKE +5%. NBG +4%. SPRD +3%. ALU +3%. RENN +3%.
    Losers: CEL -5%. EEP -4%. GRMN -3%. NGD -3%. SI -3%.
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  • Jun. 17, 2011, 2:46 PM
    Spreadtrum Communications (SPRD +4.4%) is taking advantage of recent price weakness to repurchase up to $100M ADS's. The company says it's flush with cash, and the buyback "reflects our confidence with our near- and long-term growth initiatives."
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  • Jun. 17, 2011, 9:00 AM
    Premarket gainers: ZRAN +21%. NCT +18%. HRBN +16%. SPRD +9%. NBG +8%. DANG +6%. YOKU +6%. BBVA +5%. PRMW +6%. CTIC +5%. STD +5%. RENN +4%. TEF +4%. NOK +4%. ING +3%. BJ +3%. DB +3%. ALU +3%. DRYS +3%. BIDU +3%. SNY +3%.
    Losers: RIMM -16%. CBLI -15%. MIND -9%. LPL -6%. CHU -4%. WACLY -3%.
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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