Some Samsung component makers attractive after pullback, says Needham

June 17, 2013

Needham reduced its estimates on Atmel (ATML), Synaptics (SYNA), Magnachip (MX), and Silicon Image (SIMG) to reflect lower Galaxy S 4 sell-through levels. However, the firm believes that the stocks already reflect much of the risk, and it recommends buying the shares of all four companies.