USB designers Skymedi and 3S see Samsung and Kingston orders drive December sales
Josephine Lien, Taipei; Rodney Chan, DIGITIMES [Friday 11 January 2008]
Taiwan-based USB designers Skymedi and Solid State System (3S) turned in strong performances for December against a general seasonal decline in the IC design industry, with the former's sales hitting a company record on orders from Samsung Electronics, while the latter's were the highest since June 2007 thanks to orders from Kingston Technology, according to industry sources.
Skymedi, which the sources indicated has recently received orders from Samsung for microSD controllers, reported December sales of NT$170 million (US$5.23 million). The sources estimated that Skymedi's sales for January may set yet another record at NT$200 million.
The Toshiba-invested 3S is seeing its sales buoyed by orders for flash driver controllers from Kingston, the sources said. The designer reported NT$54 million in December sales, up 20.6% sequentially.
Yup. Listened to the last earnings cc recently again and they said market share was 30% in 2006, now 35% in 2007. They said they prefer to hold margins in the 52% area and go for revenue and market share instead. Most of the employees are engineers and they are confident of maintaining superiority in tech and costs against all competitors. Said #1 in wear levelling, error correction, file mgt(think this is in regard to fellow Taiwanese comp). The more extensive US patent portfolio over their Taiwanese competitors backs this up. Also seen no new players coming up. Then there`s FCI and SSDs which they`re even more excited about. Of course, you know all this stuff but it was reassuring to hear this again and hope new investors catch on to their story. Reiteration of guidance and yesterday`s Needham conference simply point to onwards and upwards(well for the company anyways. Stock?)