I do not believe this management would do a cash dividend, do not think they think like that. But, having said that, just imagine what a 3% cash dividend would do for this stock. Not only stabilize on these earning calls, but the stock would climb. Since management gives out stock as a bonus, it would benefit them also. The cash they would have to lay out for 3% on 55 million shares or so is a drop in the bucket for them.
they are going into many different industries. Also, automobile manufacturers are now using rearview and surround view cameras. OmniVision has gained significant market share with OEM's in Europe and the U.S. Going forward, this can be a strategic win and help the company increase its market share in the automotive camera market.
OmniVision holds 23% market share in this segment as per the company's data and growing car sale All major smartphone manufacturers will be vying for a major share of market. This would be a great place for R& D and cash. Security and different industries will make up for any weakness going foreword, I would think. This stock goes up and down a lot. You can play this one. OmniVision will also be able to profit in the security market. Technologies with streaming to phones and devices, high quality imaging, and video alerts/alarms are in demand. AUTOS - There are 24 applications, just an automobile that Omni Vision can profit from. Cars can have over 5 cameras plus sensors. As inventive new applications emerge and the Smartphone and tablet markets mature, the company is looking for alternative revenues in image sensors.
What is not a dream is their great job at diversifying. What bone head would stay short with the new APPLE news? ############ 1st half 2013- OmniVision is gaining traction with notebook and webcam design wins that will result in a strong second half this calendar year. "Many of our new sensors are designed into upcoming next-generation products with our tier-1 OEMs," slated for sale near the holidays, according to head sales officer Ray Cisnero. Smart TV sets have started shipping with integrated cameras, which provides another growth vector for the company. But the largest growth driver remains the high-volume smartphone and tablet space -- in China as well as more developed market *** The company famously lost the main camera spot in Apple's (NASDAQ: AAPL ) iPhones back in 2011, replaced by BSI chips from Sony (NYSE: SNE ) . OmniVision does sell chips to Apple today, but these are normally the skimpier and less profitable front-facing cameras. Then again, Apple's share of the global mobility space isn't as beefy as it once was, so it's easier to make up for a lost Apple socket with a couple of Android-based wins nowadays.s. ##### ##1 The company is clearly a key player in the image sensor industry. As a matter of fact, 2013 marked the 6th consecutive year that the company was the number one supplier of CMOS image sensors. Expertise_______ They have been able to maintain this position through their engineering expertise. Image sensors are one of those small components in a phone, tablet, or whatever device it may be that differentiates the product. For example, with such a competitive smartphone market, companies are always looking for a slight edge over the competition. One source of this advantage could be through superior image sensors, which OmniVision has a reputation for providing. So as the tablet and smartphone markets continue to grow and mature, OmniVision's products should only experience higher demand as competitive rivalries intensify in technological industries. DEMAND----- Image sensors are currently in high demand in a number of areas. In fiscal 2013, the company was able to obtain $800 million in revenues from this area. OmniVision ships to "OEMs in all major OS platforms". The high quality image sensors it provides give the company a competitive edge. Geographically, there is a lot of potential for this company in Asia, primarily in China and India. Tablets $$$ are used for a variety of purposes, including entertainment, education, and so on. As tablets are completing the switch to two cameras, OmniVision will look to capture the market share. Speaking of market share, that's something that OmniVision has quite a bit of. The company had a 67% worldwide share for the tablet market in 2013. OmniVision will also be able to profit in the security market. Technologies with streaming to phones and devices, high quality imaging, and video alerts/alarms are in demand. AUTOS - There are 24 applications, just an automobile that Omni Vision can profit from. Cars can have over 5 cameras plus sensors. As inventive new applications emerge and the Smartphone and tablet markets mature, the company is looking for alternative revenues in image sensors. $$$$$$$ - Industry news- IDC, worldwide smartphone shipments are forecast to grow 40% year over year to more than 1 billion units this year. Total smartphone shipments are forecast to reach 1.7 billion units in 2017. The market for smart devices worldwide is estimated to be worth $622.4 billion in 2013, of which $423.1 billion is projected to come from entry-level and mid-range smartphones and tablets with a price tag under $300-$350. With the impressive discount, strong fundamentals, and quite a few areas to grow in, OmniVision is looking like a decent investment. Diversification is key as well, as the company has become too reliant on smartphones which generate 65% of total revenues. Growth in other sectors including the automotive and security sectors, among others is key.