Rocky(RFMD) gained shares at Samsung, Huawei (data cards), Sony-Ericsson and ZTE from Evil Empre based on last quarter numbers. Nok is eliminating some small suppliers like ANAD (since they are not able to bundle few parts in one) and giving the job to Evil Empire.
Here is from Q2 42 eps x 20 PE = $8.20 in FY 2010 based on current eps estimates. Projection could rise higher or lower based on EPS estimate but the trend has been for increasing eps in last 6 months.
I think, RFMD is smart and switching to other phone makers.
Nokia Siemens ‘Another Nortel in the Making’? Posted by editorsOctober 22, 2009VON That’s the prediction from one unnamed industry observer, and the expectation, sadly, does not seem off base. This week alone, NSN has fallen prey to rumors that parent companies Nokia Corp. and Siemens both want to unload their stakes in the not-so-profitable joint venture.
Nokia Dominance Threatened by Chinese ‘Bandits,’ Obama Handsets Posted by editorsOctober 20, 2009Bloomberg Lenovo, ZTE Corp., Huawei Technologies Co. and hundreds of Chinese “shanzhai” or “bandit” phonemakers are eating into Nokia’s sales in developing countries, one of the fastest-growing pieces of the devices market that is set to reach $200 billion by 2013.