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OmniVision Technologies, Inc. Message Board

  • macedon7 macedon7 Jan 30, 2005 2:31 PM Flag

    OVTI is probably selling 10 million

    chips a month (probably as of last month). I suspect those numbers wont be truly reflected in gross revenues until May CC. So if they earn 100,000,000 and .30 for this coming quarter and provide guidance of 120,000,000 and .37 for 4th Q, whose to say the stock wont gap up 5$ - $7 and go to $25 (or more) in March.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I thought you for so good at figuring this
      board out.

    • a note of caution, and I'm long the stock:

      "Digital camera shipments fall as market slows


      Silicon Strategies
      01/27/2005 7:27 PM EST
      URL: http://www.siliconstrategies.com/article/showArticle.jhtml?articleId=59100285


      SAN JOSE, Calif. � Shipments of Japanese-made digital cameras hit 6.1 million units in December, down 11 percent sequentially but up 22 percent in the like period a year ago, according to RBC Capital Markets Inc.

      In total, digital camera shipments out of Japan totaled 59.8 million units in 2004, up 38 percent over 2003, according to RBC. Japan makes about 80 percent of the world's digital cameras.

      Investment banking firm RBC (San Francisco) estimated that 75 million digital cameras were shipped worldwide in 2004, up 45 percent in 2003.

      "Growth will likely slow further in 2005 to 20 percent year-over-year or 90 million units," according to RBC. "We believe Europe, North America and Japan are relatively saturated while Asia Pacific could potentially be a growth region."

      • 3 Replies to faosto
      • I suspect Taiwan and China are gradually replacing Japan as digital camera manufacturing centers, particularly for the low and middle range market where the optics are not as important. (That's because Japan's only comparative advantage in the camera market are their excellent optics technologies.)

        That accounts for part of the slowdown out of Japan. Another is that as 1.3MP and higher camera phones come out, people are finding they don't need a camera. Basically, for the low and middle range markets cameraphones are cannibalizing some camera sales.

      • "Growth will likely slow further in 2005 to 20 percent year-over-year or 90 million units"

        A 20% growth rate in digital cameras isn't bad.

      • Hopefully OVTI got the lion's share of that growth, since they were shipping 2 and 3 CMOS megapixel chips a couple of months ago.

        Someone needs to come up with a revolutionary design for camera phone lenses that equal the optics of stand-alone digital cameras. And I don't mean the liquid lens that's coming out.

 
OVTI
27.24Jan 27 4:00 PMEST

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