This should make the rest of the year quite interesting. Will it give OVTI a chance to increase margins and sales while the rest of the industry has to fight for profitability in a competitive and commoditized second tier CMOS sensor market? Maybe MU will have to face the music and shut down their CMOS manufacturing or bring a price for OVTI that Hong will accept. It's going to be a hard wait until the next CC.
I agree. MU was eating OVT's lunch when one gig memory sticks cost a hundred bucks (now you can get 2 gigs for $10). Now that MU is losing $200 million or so each quarter and money is harder to borrow, the future of OVT could not be brighter. Of course, OVTI's stock price and the company unfortunately are not equal.