Terrible Miss in 2Q17 to Drive More Downgrades; The Change of CEO Means a Change of Strategy?
Summary Terrible miss in 2Q17: SMIC guided 2Q17 sales of 6-3% q/q decline (vs. Bloomberg consensus' 5% q/q growth) with a 2ppts miss on a gross and...
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China Smartphone - Huawei/Oppo/Vivo Gained Shares from Global Brands
What's new?According to the latest research from IDC, China smartphone shipments grew only 1% y/y to 104mn units with stronger y/y growth from...
242 Views
MediaTek's Gross Margin Erosion Lead to a Soft 1Q17 Result; FVE Cut to TWD 200 from TWD 226
No-moat-rated MediaTekâs first-quarter 2017 result largely missed our expectations. Operating profit plunged 72.5% from the year-ago period to TWD...
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MediaTek Is Betting on 2H17 Margin Recovery on Lower Cost Solution Ramp
Key takeaways from MediaTek quarterly earnings conference 1Q beat on disposal gain but 2Q miss on all: Mediatek Inc (2454 TT) reports a better than...
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Qualcomm Has More Enemies than Friends; Tech Groups Urge Trump to Continue FTC Antitrust Suit
What's new?A group of technology companies (PC, TV, telecom product, and semiconductor fabless/IDM vendors) and automobile manufacturers sent a...
548 Views