According to some Chinese comments on webside, HCM started the buyout talk
in May, I think OVTI and HCM have big gaps in fair valuations, so OVTI could not
be serious because the offer price was too low. HCM went public with a non-binding
offer to see what price the big institutions are willing to sell and if HCM offer the
price OVTI wants, which should be around $35 for $2B, HCM may have to for
the reasons the article presented, IMO.
A third possibility, besides the presence or non presence of OVTI face time chip in iPhone 6, might be a new improved Apple-OVTI collaboratively designed sensor based on the original OVTI iPhone 5S sensor, but where many of the design enhancements were largely Apple's doing, and thus OVTI collects substantially less money per sensor than they did for sensors in the iPhone 5s.
A couple of things that made me think of this possibility is that there have been Cirrus sound chips in Apple products before with Apple product model numbers on them if I recall correctly --- which I assume means Apple played a very significant role in their design. Also, I believe Apple designs their own, very sophisticated A8 main processor for these iPhones, which Samsung then manufacturers for Apple according to Apple's proprietary specs, so Apple certainly has lots of in house chip design capability.
I am not a tech guy, but to this lay person, the descriptions of the face time sensor sound like enhancements to the original OVTI iPhone 5S sensor.
Digitimes reports that KYEC is a component supplier to the Iphone6.. Isn't OVTI a main customer? This does not add up! Hong says North American sales are dropping yet KYEC is reported to be a component supplier. Maybe Aptina got the front sensor (they are a KYEC customer)
From Digitimes 9/11/14
."Taiwan's makers in the iPhone supply chain include Taiwan Semiconductor Manufacturing Company (A8 processors); Catcher Technology and Foxconn Technology (cases); Largan Precision and Genius Electronic Optical (camera modules); Foxconn Electronics and Pegatron (assembly); Simplo Technology (battery); and Delta Electronics (power supply).
Meanwhile, PCB makers Compeq manufacturing, Unimicron Technology, Zhen Ding Technology Holdings, and Flexium Interconnect, as well as IC packaging/testing companies Advanced Semiconductor Engineering (ASE), King Yuan Electronics (KYEC) and Ardentec are also in the supply chain
I agree No reason to assume OVTI not in iPhone6. See below..
Apple's 8-megapixel iPhone 6 iSight camera may not get the pixel boost that fans might want, but it gets a refresh with a new sensor all the same. Focus time speeds up, Apple says, colors look more lifelike when the flash is engaged, and the imaging chip has better ways to battle noise. HDR is now automatically applied as well, something we're starting to see on other phones, too.
Panorama mode will capture up to 43 megapixels in its five-element lens, and there's face detection, and blink and smile detection as well. As with some rival phones, the burst mode auto-pick feature uses algorithms to select the best from a string of similar photos.
The iPhone 6 has digital image stabilization, but if you want the optical image stabilization that many more premium phones are incorporating, you'll need to upgrade to the iPhone 6 Plus.
On the video front, you'll be capturing 1080p HD video at either 30 or 60fps, with slow motion coming in at 120 or 240fps. Continuous autofocus while you're shooting video means that the camera will adjust as the subjects move around -- or as you do. You can shoot video in HDR mode as well.
Apple has also made improvements to the 1.2-megapixel front-facing camera, or the FaceTime camera, as the company likes to call it. The iPhone 6 tweaks face detection and focus to aim for better accuracy, and now weaves in HDR. Video capture here remains steady at 720p HD, and the front-facer also gets a burst mode.
Sentiment: Strong Buy
Ipad sales way down. Who knows if AAPL's timing was 3 months off since they usually announce in July? Then there is the usual low ball on estimates. Seems there is some inventory to work off which is temporary. I would not assume OVTI is not in the IPhone 6. There was really no reason to switch anyway. We'll soon find out. I would cover that short just in case.
If you look at the earnings transcript, it clearly states that North American sales are down and offset by sales in China. If OVTI retained the front camera in the iphone6 then North American sales would not be decreasing. Pumping the stock will only lead to a GTAT style pullback when the teardown shows that the front camera is now a Sony. Nuff said.
Since iphone6 and + stay same 8mp and 1.2mp of both cameras with minor tweaks.
That means upcoming new Ipad air and ipad mini will stay same speccamera with minor tweaks.
We will see $35+ as soon as it is confirmed.
This year will be best year for Ovti.
Sentiment: Strong Buy
Iphone 5s Iphone 6 and Iphone 6+
1.2-megapixel photos (1280 by 960) 1.2-megapixel photos (1280 by 960)
ƒ/2.4 aperture ƒ/2.2 aperture
Specs are not much difference between two sensors. When Apple has new model, it does not change old model's part to brand new part when they need just a little tweak at most time.
I bet Ovti still hold both nes phones's FaceTime Camera.
We will see Ovti $30+pps when chipworks confirm ovti is in FaceTime Camera slot on 9/19/2014.
What do you guys think,Longs ?
Sentiment: Strong Buy
It's being pumped as a media company. The market believes that their is a market for watching others have fun. Yawn. It will be a cold day in he** before I pay to watch somebody's clip made with GOPRO. I just don't see the market there??