ORIONS Money Stocks

[matt24d]

You have to remember many of their design wins were landed a long time ago in china and India. It took a lot longer for India and China to get LTE off the ground due to regulations by their Gov's. China mobile went at it alone due to the spectrum they had but the china Gov did not even issue LTE licenses to the other carriers until late last year. Their design wins are for single mode LTE devices. This is an area of huge growth but not all the carriers in the US or over seas have 100% LTE coverage. Verizon does in the US and ATT is close but not there yet. Softbank I think also has 100% LTE as well. But LTE is still a very young tech. We are just now the last few months starting to see huge interest in single mode LTE devices. This will only grow as the networks do as well. Bottom line SQNS was ahead of its time with its LTE single mode chips due to all the carriers wanting dual mode for 3G and 4G. But now we are going into the sweet spot for SQNS and that is why they are landing new design wins left and right. Also for how short a time ago the china gov issued those licenses I would say China telecom is going full steam ahead here. When India and China get their 4 G services in full swing I think SQNS will watch their Revenue explode.