Monday, December 15, 2014 10:07:35 AM
Dec 15 2014, 09:19 ET | About: Cirrus Logic, Inc. (CRUS) | By: Eric Jhonsa, SA News Editor
"We believe CRUS will see content in the iPhone 6S next year increase and we believe CRUS' next-gen 55nm smart codec will integrate a low-power DSP to enable 'always-on voice,'" writes Barclays, upgrading to Overweight and hiking its target by $10 to $28.
Barclays sees Cirrus' chip content rising to $2.50-$3.00 from $2 in current iPhones, and also thinks its next-gen smart codec will likely go into Samsung's Galaxy S6. The Moto X and some other Android phones have already integrated always-on voice.
The adoption of Cirrus' smart codec/DSP solution by Android OEMs would represent a fresh challenge for Audience (NASDAQ:ADNC), which offers its Always-on VoiceQ solution to enable touchless device waking.
A year ago, Barclays was among the first to report Cirrus didn't have an audio amplifier slot in the iPad Air.
Recent CRUS News
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 09:17:49 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:20:01 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/15/2024 08:28:20 PM
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