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OmniVision Technologies, Inc. Message Board

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  • faosto faosto Jan 30, 2005 2:48 PM Flag

    OVTI is probably selling 10 million

    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."

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OVTI
29.38+0.43(+1.49%)Jan 27 4:00 PMEST