NXP had the sensor hub in previous iPhones, and it seemed like the sensor hub could be integrated into the codec. So you are saying that the 55nm part will have integrated the sensor hub, correct? If so that is very good for crus, but bad for NXP.
Will be interesting to see which new functions were integrated into the new 55nm codecs.
The phone makers all have tiers as you know, except for Apple. You are looking at the numbers for midrange no doubt. These midrange phones aren't going to offer top of the line specifications, and audio is a clear differentiator. If wolf is in a reference design, then they will get some share of the midrange designs in China maybe india, but I'd think it would be with a less expensive product, not the top of the line part that is in the Tier 1 Samsungs. Many of the midrange phones will also run software codecs out of cheap dacs. The key to the whole market, IMO, is more the extent of the features that will be adopted into the Tier 1 phones; example: number of mics; power features; speech features; voice recognition. We need to see more of this in the premium phones, then eventually the mid tiers will get trickle down features. We really need ASAP increases due to extended features in the Tier 1 for higher revenue. This is my opinion of course and I think it will happen.
With pricing so bad and no hint of improvement, how does Walter even get a chance at recapitalization? The bondholders will own the company and will have to pour more money into it, even if it stays private. There definitely is cash being generated but these guys need more aggressive cutting and need to firm the price.
$10 for a ton of coal is stupid.
Now it's trading like the CRUS of old. Might be a lightning up action in reaction to lighter than expected sales of S6, though not sure that would impact CRUS much. Most likely the chips are already in the oven for the next gen smart phones....Also note the semis are trading based on acquisition rumors - Atmel up almost 5% today. (don't own any just watching it).
It's not really about coal being dead, it's about overcapacity and competitors driving down spot prices. I guess this will eventually cause bankruptcies and removal of capacty, but this is really the coal companies doing themselves in more than anything. There is not enough natural gas in the US to provide the needed generation capacity; coal is needed. It's a matter of when the competition is going to stop driving each other into the ground.
I'm even on the upstream MLPs and nicely ahead on PBR at this point and am content to collect good divis (except no current divi on PBR). I think oil has to head up to 70s. The real cost of fracing is much higher than uplift price. I'm buying smaller (but now bigger) amounts of BTU and CLD - this may ultimately be my undoing, but value wise these are where CRUS was 8 years ago.
I don't think the watch codec is very sophisticated - only one microphone and one speaker. Its good news that the watch has a codec, I was thinking the function could be on chip instead of a separate chip. Most likely CRUS is making something in 55nm for the watch given next quarter's forecast. Not sure if max can compete in the 40% margin space anyway given they have to pay a dividend. New LG watch has a standalone qualcom codec, so the codecs in these watches I don't think have to be too sophisticated at this point. I could see next gen combination codec/amp possibly.