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Anybody following SPRD? The downtrend seems out of range. From FA perspective, I still think it's in a reasonable good stage. A few short sides
1. 2G market growth in China is satuarated. do not expect much share gain from mediatek, most likely stay at 30%. But should still have chance in Africa, India, etc.
2. this year's TD might be worse because MRVL grabbed most TD share from China mobile in first round, but it should still get something at 2nd round if China mobile wants to play a "fair" game to its ecosystem players.
3. new acquistion in WCDMA chip could be a boost to its 3G roadmap.
4. still has "unique" political advantage against foreign chip vendors in China.
I thought it should have support around $16 range, but it's out of bound now. I'd like to hear TA experts opinions, if you are interested in this one too, what's your feeling of the trend? YPM, shoujie?
Thx. |
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