According to Reuters, as of June, China had 1.18 billion mobile subscribers, with China Mobile accounting for the lion’s share of those at 740 million subscribers.
Cellular device specifications for the iPhone 5C and 5S models point to variations for both devices, respectively Model A1529 and Model A1530, supporting TD-LTE, the variety of LTE that China Mobile has adopted
RF Micro Devices (RFMD) appears to have gained content in the iPhone 5S and 5C, Canaccord's Walkley said.
"We believe RF Micro is well positioned to deliver strong growth in (fiscal 2014 and 2015) driven by share gains in flagship LTE smartphone platforms from Apple, Samsung and other (manufacturers)," Walkley said.
On the flipside, Peregrine Semiconductor (PSMI) appears to have lost the business of providing the main antenna switch in the new iPhone 5S and 5C smartphones to Skyworks and RF Micro Devices, Walkley said.
Concurrent with Apple’s debut of its latest iPhones, Sprint has added 34 new markets to its burgeoning LTE coverage. The number-three domestic wireless carrier now has its LTE network operating in some 185 markets spanning the United States.
According to Canaccord, iPhone 5S and 5C teardown indicates that RF Micro Devices share content has risen. The firm believes that RF Micro is well positioned to strong 2014/15 growth, powered by LTE smartphone platforms together with cost savings initiatives to push strong margins.
In a report published Monday, Canaccord Genuity analyst T. Michael Walkley downgraded the rating on Peregrine Semiconductor Corp. (NASDAQ: PSMI from Buy to Hold, and lowered the price target from $13.00 to $10.00.
In the report, Canaccord Genuity noted, “Teardown analysis of the iPhone 5S and 5C and other sources indicate Peregrine has lost the main antenna switch in the new iPhone 5S and 5C smartphones to Skyworks and RFMD.
Given Peregrine's customer concentration with Apple, we believe the loss of this design meaningfully impacts Peregrine's sales over the next several quarters and results in us lowering our estimates."
PSMI RTQ $ 9.38 - .30
Shares of wireless chip maker RF Micro Devices (RFMD) are UP 33 cents, or 6%, at $5.82, after Canaccord Genuity‘s Mike Walkley this morning reiterated a Buy rating, and a $7.50 price target, writing that the “teardown” analysis of the iPhone 5S published by iFixit on Friday showed “dollar content gains for RFMD in several SKUs” of the device, and the same for the iPhone 5C, including that “RFMD appears to have won the main antenna switch module (ASM) in the Australian version of the iPhone 5S and 5C smartphones with the 1495 8020 module.”
After Barclays downgraded, Cramer said it's because of the oversaturation in the smartphone market, with all of the analysts trying to get ahead of it. RFMD fell 4.2% to $5.20.
9/23/13 RFMD RTQ $ 5.85
RF Micro Devices Inc. (NASDAQ: RFMD) 5.4% HIGHER; Apple suppliers up on news of record 9 million iPhone 5S and 5Cs in opening weekend.
Radio-frequency identification (RFID) is often seen as a prerequisite for the Internet of Things.
According to ABI Research more than 30 billion devices will be wirelessly connected to the Internet of Things (Internet of Everything) by 2020.
Canaccord said iPhone 5S and 5C teardown indicates RF Micro Device share content has increased. The firm continues to believe RF Micro is well positioned to deliver strong 2014/15 growth driven by LTE smartphone platforms combined with cost savings initiatives to drive strong margins.
Shares are Buy rated with a $7.50 price target.
22 August 2013
Q: Have you observed the rise of RF IC design houses? Are there potential customers Win Semi is targeting?
A: The GaAs IC industry has been led by Europe- and US-based IDM companies, including Anadigics, RFMD, Skyworks and TriQuint. In recent years, fabless firms such as Japan-based Murata and US-based Avago have been listed as first-tier RF components providers despite their late entry.
There are also a number of Asia-based startups specializing in the design of RF front-end components and modules, such as Taiwan-based Airoha Technology, and China-based RDA Microelectronics and Vanchip Technology, and several Korea-based companies.
In fact, IC design houses and pure-play foundries go hand-in-hand. Win Semi will continue to keep a close eye on the development of those IC design startups, and does not rule out the possibility of building a fab in China to provide local support.