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Hmmnn!! Was wondering why the price spike, but didn't notice any news checking ihub so took some profit on a few. I suppose I should have checked yahoo instead of relying on pos ihub news. .. nic
nice! Spreadtrum upgraded to Overweight from Neutral at JPMorgan
Spreadtrum Communications Inc.
RELATED QUOTES
Symbol Price Change
SPRD 18.26 +1.77
JPMorgan upgraded Spreadtrum based on China Mobile TD smartphone design wins. Price target raised to $22 from $15.
sorry nic. I meant when p/e hits 1. Heading there again today. .. nic
Maybe this one will level out when the eps hits 1. Very troubling s/p action. .. nic
Saw an ugly analyst downgrade over the weekend, but they were basing it on world economic woes. That has nothing to do with the world's need for the tech market, IMO.
HTC Selects Spreadtrum's TD-SCDMA Baseband for its HTC One and HTC Desire Smartphone Series
Spreadtrum Communications - American Depositary Share Represents Three Ordinary Shares (MM) (NASDAQ:SPRD)
Today : Monday 7 May 2012
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company" ), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today announced that its TD-SCDMA baseband modem, the SC8803G, and its RF transceiver, the SR3200, have been selected by HTC for two premium and mid-range TD-SCDMA smartphones recently launched in China, the HTC One XT and the HTC Desire VT.
The HTC One XT, a 1.5GHz quad-core Android 4.0 smartphone with a 4.7 inch screen, is HTC's flagship handset model targeting the premium smartphone segment and is available now in retail stores. The HTC Desire VT, a mid-range 1GHz Android 4.0 smartphone with a 4-inch screen and HTC's Sense technology, will be available starting in May.
"We are pleased to support HTC's cutting edge Android 4.0 and quad-core smartphones now available on China Mobile's network," said Dr. Leo Li, Spreadtrum's president and CEO. "With HTC's smartphone launch, we are expanding our design wins in the mid- and high-end segments of the market, as well as diversifying our customer base to include more global OEMs."
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum") is a fabless semiconductor company that develops mobile chipset platforms for smartphones, feature phones and other consumer electronics products, supporting 2G, 3G and 4G wireless communications standards. Spreadtrum's solutions combine its highly integrated, power-efficient chipsets with customizable software and reference designs in a complete turnkey platform, enabling customers to achieve faster design cycles with a lower development cost. Spreadtrum's customers include global and China-based manufacturers developing mobile products for consumers in China and emerging markets around the world. For more information, visit www.spreadtrum.com.
About HTC
Founded in 1997, HTC Corp. (HTC) is the creator of many award-winning mobile devices and industry firsts. By putting people at the center of everything it does, HTC pushes the boundaries of design and technology to create innovative and personal experiences for consumers around the globe. HTC's portfolio includes smartphones and tablets powered by HTC Sense™, a multilayered graphical user interface that vastly improves user experience. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more information, please visit www.htc.com.
SPREADTRUM SAFE HARBOR STATEMENT:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the availability of HTC Desire VT in May; and the Company's ability to expand its design wins in the mid- and high-end segments of the market and diversify its customer base to include more global OEMs. The Company uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for TD-SCDMA Android smartphones; the state of and any change in the Company's relationship with HTC and its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 10, 2012, especially the section under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.
A few hundred. 8% divie with only a $.73 maintenance fee, part of the portfolio. That and a couple other WOWs after hours. Makes up for the disappointing day. I expect things to look even better today. at least for SPRD.
Wow!! Nice after hours pop. Up a couple of bucks plus ($15.55...+$2.12). Will be an interesting trading day tomorrow. Hope you're holding a few johnsyn. .. nic
Spreadtrum Communic ADS (SPRD) (13.43 -0.31)
May 3 (Reuters) - Spreadtrum Communications Inc : * Announces first quarter 2012 financial results * Q1 revenue $161.1 million versus I/B/E/S view $160.1 million * Sees Q2 2012 revenue $170 million to $175 million * Qtrly GAAP earnings per share per ads $0.47; non-GAAP earnings per share per ads $0.57 * Sees Q2 gross margin of approximately 37%. ((Bangalore Equities Newsroom; (Thomson Reuters 04:37 PM ET
6:27 PM Taiwan's MediaTek has hiked its 2012 smartphone chip goal to 75M units from a prior 50M. While that's partly a sign of soaring Chinese smartphone demand, it could also be one of tougher competition for Spreadtrum (SPRD -4.9%), whose competitive position has become the subject of analyst scrutiny. It could also present a challenge for Qualcomm, which has been taking share from MediaTek. SEEKING ALPHA MARKET CURRENTS
Spreadtrum Announces Commercial Availability of its 1GHz TD-SCDMA and EDGE Android 2.3/4.0 Platforms
Spreadtrum Communications - American Depositary Share Represents Three Ordinary Shares (MM) (NASDAQ:SPRD)
Today : Thursday 26 April 2012
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today announced the commercial availability of the SC8810, Spreadtrum's 1GHz TD-SCDMA Android platform, and the SC6820, Spreadtrum's 1GHz EDGE/Wifi Android platform. Both the SC8810 and the SC6820 support Android 2.3 and Android 4.0 designs.
"We have now secured more than 200 design wins for our 1GHz TD-SCDMA and EDGE/WiFi Android platforms, and we are expecting to see volume shipments of more than one million units during the second quarter," said Dr. Leo Li, president and CEO of Spreadtrum Communications. "With these designs, our customers are targeting a $50-100 retail segment, unsubsidized."
The SC8810 and SC6820 have been adopted by China and global OEMs on large scale to address the growing demand for low-cost smartphones in China and emerging markets. Both products support both Android 2.3 and Android 4.0 platforms, deliver best-in-class power consumption and demonstrate graphics/web performance on par with globally popular premium smartphone models, while supporting sub-$100 unsubsidized retail price points. The solutions are designed into handsets that are expected to launch commercially starting in May.
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum") is a fabless semiconductor company that develops mobile chipset platforms for smartphones, feature phones and other consumer electronics products, supporting 2G, 3G and 4G wireless communications standards. Spreadtrum's solutions combine its highly integrated, power-efficient chipsets with customizable software and reference designs in a complete turnkey platform, enabling customers to achieve faster design cycles with a lower development cost. Spreadtrum's customers include global and China-based manufacturers developing mobile products for consumers in China and emerging markets around the world. For more information, visit www.spreadtrum.com.
SPREADTRUM SAFE HARBOR STATEMENT:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the Company's ability to secure design wins for its 1GHz TD-SCDMA and EDGE/WiFi Android platforms; the Company's expectations with respect to shipping more than one million units of its 1GHz TD-SCDMA and EDGE/WiFi Android platforms during the second quarter of 2012; the growing demand for low-cost smartphones in China and emerging markets; and the Company's expectations with respect to the commercial launch of handsets incorporating SC8810 and SC6820 solutions starting in May, 2012. The Company uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, the pace of commercial deployment of SC8810 and SC6820; market acceptance of SC8810 and SC6820; continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for Android phones; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 10, 2012, especially the section under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.
not on their site yet, use this link for annual (looking good):
http://secfilings.com/searchresultswide.aspx?TabIndex=2&FilingID=8538540&type=html&companyid=632033&ppu=%2fdefault.aspx%3fticker%3dsprd%26amp%3bauth%3d1
Spreadtrum Communications Files Annual Report on Form 20-F
Spreadtrum Communications - American Depositary Share Represents Three Ordinary Shares (MM) (NASDAQ:SPRD)
Today : Wednesday 11 April 2012
Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today announced that the Company filed its Annual Report on Form 20-F for the year ended December 31, 2011 with the U.S. Securities and Exchange Commission on April 10, 2012 and has made its Annual Report available online at http://www.spreadtrum.com. The Company will also furnish a hard copy of the Annual Report to shareholders and ADS holders free of charge upon request. Requests should be directed to ir@spreadtrum.com or Investor Relations, Spreadtrum Communications, Inc. Spreadtrum Center, Building No. 1, Lane 2288, Zuchongzhi Road, Zhangjiang, Shanghai 201203, People's Republic of China.
At 13, I shoulda woulda coulda, but.... good luck. .. nic
I grabbed some too soon at over $15 pps, but bought more after it crashed to $13 level, so my avg now is under $15. If it holds up it's advance today, I'll be a lot closer to break even/in the black. IMO, we should be back to $15 by end of next week, due to investors re-thinking it, and the panickers are gone.
Gonna be awhile for me. Ave cost 16.31 and a few days ago, I thought I was looking good for a decent gain. Not figuring on adding. nic
Not sure yet. SPRD had a price target of $29 before the financials. Last figures I saw out there, (post-financials) were adjusted to $19. Now that Arthur Little and his gang of shorters were caught manipulating the market's Chinese invested-stocks, things should not be so-iffy. I do think I will sell a few on the way up to reduce my monetary risk.
johnsyn.. Do you have a neg or pos expection, short & long term re sprd? tia .. nic
It's probably the P/E that scares people. It did me. Been there, had those super low P/E that Chinese stocks claimed. Companies cooked their books. Taking a chance it is different this time. Think that the stupid "public sentiment" that had put their earnings estimate was out of line, so that their eps missed. No one seemed to read past that, that the expectations for 2012 were expected to be a homerun, out of the ballpark.
mrvl has a 15 pe compared to sprd's 5/6. I suppose sprd needs to get down to a 1 pe. .. nic
Terrific. thks for the post. .. nic
11:37 AM Spreadtrum (SPRD -3.1%), which tumbled yesterday due to the soft Q1 guidance (revenue of $158M-$163M vs. $172.1M consensus) accompanying its Q4 beat, falls some more after JPMorgan and Chardan Capital downgrade shares to Neutral. Spreadtrum attributed its guidance to a seasonal drop in orders for its 3G TD-SCDMA chips (used by phones on CHL's network), but there might also be fears of strong competition from MRVL.
UPDATE 1-Spreadtrum sees 1st-qtr rev below estimates
Wed Feb 29, 2012 7:21am EST
* Sees Q1 rev $158 mln - $163 mln vs est. $172.1 mln
* Q4 rev $192.2 mln vs est. $190.7 mln
* Q4 adj profit $0.78/ADS vs est. $0.71/ADS
Feb 29 (Reuters) - Spreadtrum Communications Inc's quarterly results beat analysts' estimates on strong sales to smartphone makers, but the fabless semiconductor maker forecast a first-quarter revenue largely below Wall Street expectations.
The Shanghai-based company said increased sales to 3G handset makers helped it to offset softer 2G demand in China and in some overseas markets during the quarter.
For the seasonally weak first quarter, the wireless baseband chipset provider expects a revenue of $158 million to $163 million, below the $172.1 million analysts were expecting according to Thomson Reuters I/B/E/S.
"...We are transitioning to our new 40 nanometer 2.5G and smartphone products to prepare for second half growth and entering the seasonally low period for both 2G and 3G segments," Chief Executive Dr Leo Li said in a statement.
For the October-December quarter, the company earned $35.2 million, or 66 cents per ADS, compared with $30 million, or 56 cents per ADS, a year ago.
Excluding items, it earned 78 cents per ADS.
Revenue rose 52 percent to $192.2 million.
Analysts, on average, had expected earnings of 71 cents per ADS on a revenue of $190.7 million.
Spreadtrum's competitors for the Chinese 3G market include Marvell Technologies, China's T3G Technology Co and Taiwan's MediaTek Inc.
Shares of the company closed at $16.96 on Tuesday on the Nasdaq.
http://www.reuters.com/article/2012/02/29/spreadtrum-idUSL4E8DT4YM20120229?type=companyNews&feedType=RSS&feedName=companyNews&rpc=43
Well, lost my bazz on this last one. What a premarket hit. Ugggg. .. nic
It's just funny how the daily chart such as the ones I posted can look so gloomy and longer out it looks so sweet.. Nothing is 100% but I think 50% accuracy is still amazing when calling bottoms. I would like you to set stops though as the very long term chart (monthly)has many indicators pointing south.
I think we both know.. lol http://www.google.com/finance/option_chain?q=NASDAQ:SPRD
Nice one Nic.. Cheers!
What's your prognosis mac? Up or down. I added shares yesterday. nic
~ Wednesday! $SPRD ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $SPRD ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=SPRD&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=SPRD&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=SPRD
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SPRD#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SPRD+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SPRD
Finviz: http://finviz.com/quote.ashx?t=SPRD
~ BusyStock: http://busystock.com/i.php?s=SPRD&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SPRD >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Believe it's still about confidence in the earnings numbers. Still under a very low P/E less than 7 with a 1 yr target of $29. Looks good to me here after falling nearly 50%. mo .. nic
hi nicmar, could you give us the skinny on why the big drop with no news. please, your thoughts. thanks in advance.
Spreadtrum Communications Announces Share Repurchase Program
Press Release: Spreadtrum Communications, Inc. – Fri, Dec 16, 2011 6:30 AM
SHANGHAI , Dec. 16, 2011 /PRNewswire-Asia-FirstCall/ -- Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American Depositary Shares ("ADSs") pursuant to a Rule 10b5-1 repurchase plan. The share repurchase program will be funded with the Company's cash on hand.
Spreadtrum's Chairman and CEO, Dr. Leo Li , said, "We believe the share repurchase program represents an effective use of our cash and is in the best interests of our shareholders. We expect to continue generating cash from operations that will provide enough resources to fund our ongoing R&D efforts and we have confidence in our near and long-term growth initiatives."
The repurchase program does not obligate the Company to repurchase a minimum number of shares, and the program may be suspended or canceled without prior notice.
About Spreadtrum Communications, Inc.:
Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum") is a fabless semiconductor company that develops baseband and radio frequency processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements.
Safe Harbor Statements:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the Company's share repurchase program, the Company's share repurchase program being in the best interests of our shareholders, the Company's future cash generation and cash resources, and the Company's near and long-term growth initiatives. The Company uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China . For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 6, 2011 , as amended, especially the sections under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
http://finance.yahoo.com/news/Spreadtrum-Communications-prnews-3072060072.html?x=0
ciciagt. Nice little bounce, eh!! .. nic
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced the commercial availability of two low-cost Android smartphone platforms, the SC8805G for TD-SCDMA and the SC6810 for EDGE/WiFi. The two 40nm-based 600MHz solutions are based on a low power, cost efficient architecture that lower total phone cost to US$40-50, well below currently available smartphones and easily within reach of sub-$100 retail prices. This entry point can accelerate the overall footprint for smartphones in China and emerging markets by appealing to consumers who might otherwise choose a high end feature phone and by expanding smartphone distribution beyond operator channels to the open market.
"The SC8805G and SC6810 mark Spreadtrum's entry into the smartphone category," said Dr. Leo Li, Spreadtrum's president and chief executive officer. "We have combined our expertise in 40nm baseband platforms and highly integrated systems to deliver a low-cost solution in a new price segment that will make smartphone devices more accessible to consumers in China and emerging markets."
Spreadtrum also reaffirmed previously-released Q4 revenue guidance of US$188 million - US$194 million and gross margin guidance of approximately 41%. Dr. Li added, "Our smartphone solutions for TD and EDGE/WiFi are now commercially available and have started shipping. Demand in our 2G and 3G business lines remains healthy and we are on track to meet or exceed our Q4 revenue outlook."
http://ih.advfn.com/p.php?pid=nmona&article=50352965
Spreadtrum and Sohu.com Partner to Deliver an App Store for Feature Phones
Date : 11/03/2011 @ 8:00AM
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company" ), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced a strategic partnership with Sohu.com Inc., China's leading online media, search, gaming, community and mobile service group. Through this partnership, Sohu has developed a mobile app store for Spreadtrum's WRE ("Windows Runtime Environment") platform for feature phones. Sohu will also use the app store, which supports applications both from Sohu and other mobile developers, to deliver rich Internet applications and services to China consumers.
Spreadtrum's WRE platform is middleware for feature phones that enables dynamic loading and updating of applications post-sale, providing the same experience to consumers as smartphone handsets. Sohu has leveraged Spreadtrum's platform to deliver a complete app store solution, including its related server-side operations. Spreadtrum's WRE platform with Sohu's app store solution has been rolled out in volume by one of China's top ten design houses and is now integrated into Spreadtrum's standard feature phone platform solution.
"Sohu.com has more than ten years of experience in delivering applications to more than one hundred million users, and is a leading provider of online applications and games in China," said Dr. Leo Li, Spreadtrum's president and CEO. "By partnering with Sohu.com, we bring together their core competency in Internet services with our strength in feature phone platforms, bringing smartphone and app store capability to the highest volume phone segment in China and emerging markets. This expands Sohu's and other application developers' reach to a larger mobile user base and transforms the traditional definition of feature phones."
Dr. Charles Zhang, Sohu.com Inc's Chairman and CEO, said: "The strategic cooperation with Spreadtrum is far-reaching in impact to the mobile internet industry. As a global top five mobile phone chip supplier, Spreadtrum's customers reach a large user base interested in the mobile Internet experience. By cooperating with Spreadtrum, we can provide a variety of mobile internet services to this group of users, including web, video, microblogging, search, maps and other applications."
Spreadtrum's WRE platform with Sohu.com's app store is now shipping in volume with Spreadtrum's SC6800H chip to one of China's top ten design houses. Spreadtrum expects shipments to grow over the coming quarters.
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum") is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements. For more information, visit www.spreadtrum.com.
About Sohu.com, Inc.
Sohu.com Inc. is China's premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination. Sohu corporate services consist of online brand advertising on its matrix of websites as well as bid listing and home page on its in-house developed search directory and engine. Sohu also offers wireless value-added services such as news, information, music, ringtone and picture content sent over mobile phones. Sohu's online game subsidiary, Changyou.com and its subsidiaries currently operate over 10 online games that includes in-house developed MMORPGs, such as Tian Long Ba Bu, one of the most popular online games in China, and Duke of Mount Deer, as well as Web-based games such as DDTank. Sohu.com, established by Dr. Charles Zhang, one of China's internet pioneers, is in its fifteenth year of operation.
Safe Harbor Statements:
This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, Sohu's use of the app store to deliver rich Internet applications and services to China consumers; the effectiveness of Spreadtrum's WRE platform to provide the same experience to consumers as smartphone handsets; the effectiveness of the partnership between Spreadtrum and Sohu.com to bring smartphone and app store capability to the highest volume phone segment in China and emerging markets, expand Sohu's and other application developers' reach to a larger mobile user base and transform the traditional definition of feature phones; far-reaching impact to the mobile internet industry by the strategic partnership; Sohu's ability to provide a variety of mobile internet services to users who are interested in the mobile internet experience by virtue of the cooperation between the parties; and Spreadtrum's expectations with respect to the shipments of Spreadtrum's WRE platform with Sohu.com's app store growing over the coming quarters. The Company uses words like 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project' and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; market acceptance of Spreadtrum's WRE platform; the state of and any change in the Company's strategic cooperation with Sohu.com; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the 'SEC') and the annual report on Form 20-F filed on April 6, 2011, as amended, especially the sections under 'Risk Factors' and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=49791825
new 52 week high hit today, I think. Here's some news of the day:
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company" ), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced a strategic partnership with Sohu.com Inc., China's leading online media, search, gaming, community and mobile service group. Through this partnership, Sohu has developed a mobile app store for Spreadtrum's WRE ("Windows Runtime Environment") platform for feature phones. Sohu will also use the app store, which supports applications both from Sohu and other mobile developers, to deliver rich Internet applications and services to China consumers.
Spreadtrum's WRE platform is middleware for feature phones that enables dynamic loading and updating of applications post-sale, providing the same experience to consumers as smartphone handsets. Sohu has leveraged Spreadtrum's platform to deliver a complete app store solution, including its related server-side operations. Spreadtrum's WRE platform with Sohu's app store solution has been rolled out in volume by one of China's top ten design houses and is now integrated into Spreadtrum's standard feature phone platform solution.
http://ih.advfn.com/p.php?pid=nmona&article=49791825
SPRD still looking good....quietly rising share price is nice to see.
$19.26? Holding up really great especially in this down economy. .. mo.. nic
Yep!! Remember that sub 10 dive a month or so ago. Too fast for me to be able to add some at that time. Back over 20 and looking good. .. nic
SPRD's had a nice price recovery from those lows in June. Nice.
Samsung Taps Spreadtrum as Baseband Supplier for High Performance TD-SCDMA Smartphone
Date : 09/02/2011 @ 5:19AM
Source : PR Newswire
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company" ), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced that its newest TD-SCDMA baseband chip, the SC8802G, is shipping in Samsung's top-of-the-line GALAXY S II smartphone targeting China Mobile subscribers.
Designed with 40nm CMOS silicon technology, the SC8802G is the newest chip in Spreadtrum's SC88xxG series for the TD-SCDMA market. Spreadtrum's advanced 40nm platform delivers groundbreaking levels of performance and integration while simultaneously reducing power consumption, delivering standby and talk times that are a first in TD-SCDMA 3G. Spreadtrum's SC8802G enables TD-HSUPA, TD-SCDMA as well as GSM, GPRS and EDGE operation and supports TD-HSDPA at 2.8Mbps, TD-HSUPA at 2.2Mbps. In combination with Spreadtrum's RF transceiver, the SR3200LS, which is also shipping in the Samsung GALAXY S II, the SC8802G achieves a small modem footprint of less than 530mm2 enabling slim, sleek designs.
"We are honored to be selected by Samsung as a TD-SCDMA baseband chip supplier," said Dr. Leo Li, Spreadtrum's president and CEO. "We are seeing accelerating growth in the TD-SCDMA market as handset features and performance and network coverage align with consumer preference and expectations. Handsets such as Samsung's GALAXY S II will raise the bar in terms of what consumers can expect from a 3G experience."
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum") is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements. For more information, visit www.spreadtrum.com.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of eight independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
SPREADTRUM SAFE HARBOR STATEMENT:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding accelerating growth in the TD-SCDMA market as handset features and performance and with network coverage align with consumer preference and expectations, and the ability of handsets such as Samsung’s GALAXY S II to raise the bar in terms of what consumers can expect from a 3G experience. The Company uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, the pace of commercial deployment of the SC8802G, market acceptance of the SC8802G, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; the rate at which the commercial deployment of TD-SCDMA technology will grow; the state of and any change in the Company's relationship with Samsung; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 6, 2011, as amended, especially the section under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=49039370
Big move today. $19.18 moving on to the 20s. Good share price increase during August closing in on 52 week high. .. nic
Spreadtrum Looks Set to Soar After Q2
By Harsh Chauhan | More Articles
August 30, 2011 Fabless semiconductor manufacturer Spreadtrum Communications (Nasdaq: SPRD ) posted strong growth in its second quarter, helped by an improved presence in emerging markets and expanded product offerings. Shares of the Shanghai-based company jumped more than 9.5% the following day.
Let's take a look at what lies ahead for Spreadtrum and how the company is expected to perform for the rest of the year.
A look at the quarter
Quarterly revenue skyrocketed 124% to $160.2 million from $71.4 million in the year-ago quarter, helped by strong sales of its 2.5G and 3G products and expansion into new territories. Although costs increased sequentially due to withdrawal of subsidies by the government, an increase in sales covered up for the cost inflation. Still, even with rising expenses, operating income shot up by a staggering 98% to $33.9 million.
The company countered a fall in average selling prices with an increase in unit sales, and much of the credit goes to the TD-SCDMA-based chips offered by Spreadtrum. The company managed to secure market share of 50% on the TD-SCDMA handsets sold within China. The company called out particular strength at China Mobile (NYSE: CHL ) , the largest telecommunications company in China.
Product development efforts
Although the company has been in the business of manufacturing chips for GSM handsets, its focus has lately shifted toward the TD-SCDMA segment. Spreadtrum is looking to expand its foothold in the WCDMA segment in both the Chinese and international markets through the acquisition of a significant stake in MobilePeak. This acquisition should bear fruit in the coming year, generating more shipments and revenue.
Exploring new horizons
Spreadtrum is moving into emerging markets as its customers are expanding their base in India, Southeast Asia, Latin America, and Africa, directly affecting the demand for its chips. With such developments all around, the company is looking good for the rest of the year.
The Foolish bottom line
With unit sales rising sequentially quarter after quarter and plans to catapult the company to newer heights in place, it looks like good times are ahead for Spreadtrum. However, investors should take note that well-known short-seller Muddy Waters has questioned the company's accounting. Spreadtrum denies the allegations. In the end, this might be a good company for your watchlist. It's in a booming market niche, but further research and disclosures may be necessary before it's worthy of your investment dollars.
http://www.fool.com/investing/general/2011/08/30/spreadtrum-looks-set-to-soar-after-q2.aspx
Nice gains extending into nearly 10 days. I believe it the market levels out, we will see the 20s soon. .. nic
Spreadtrum Secures Leadership Position in TD-SCDMA Market
Spreadtrum Achieves More than 50% Market Share, Sets New Standard for Standby and Talk Times in TD-SCDMA
Press Release Source: Spreadtrum Communications, Inc. On Tuesday August 23, 2011, 8:30 am EDT
SHANGHAI, Aug. 23, 2011 /PRNewswire-Asia-FirstCall/ -- Spreadtrum Communications, Inc., (Nasdaq:SPRD - News), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced that it has achieved a leadership position in China's TD-SCDMA market. TD-SCDMA is the China 3G standard adopted by China's largest telecom operator China Mobile. Spreadtrum's low-cost, high performance baseband solutions based on its advanced 40nm platform have enabled the Company to secure design wins with both tier-1 OEM handset manufacturers and independent design houses serving this market, with significant growth in the first half of 2011 resulting from shipments in the feature phone segment.
"In the first half of 2011, Spreadtrum secured more than 50% market share of TD-SCDMA shipments," said Kevin Wang, Director, China Research of analyst firm IHS iSuppli. Spreadtrum expects TD-SCDMA uptake to accelerate in the second half of 2011, bringing the overall market from 34 million units shipped in 2010 to more than 50 million units shipment this year.
"Our advanced 40nm platform enables us to deliver a superior 3G experience on handsets," said Dr. Leo Li, president and CEO of Spreadtrum. "The low power consumption of our TD-SCDMA baseband solutions enables up to 15 hours talk time and 17 days standby time off of 1000mAh batteries."
Spreadtrum further expects that shifts in China Mobile's purchasing strategy will help drive faster growth. As more phone models have become available, China Mobile's purchasing has shifted from central procurement tenders, in which the head office negotiates for certain models and volumes, to purchasing through local distribution channels. "Local purchasing enables regions to order handset models that are best matched to local consumer preferences, price points and styles," added Dr. Li. "The ability of consumers to purchase 3G handsets with an attractive user experience, feature set and design, at close to EDGE handset prices, is accelerating market uptake of TD-SCDMA handsets."
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ:SPRD - News) is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements. For more information, visit www.spreadtrum.com.
Safe Harbor Statements:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the ability of Spreadtrum's baseband solutions based on its advanced 40nm platform to enable Spreadtrum to secure design wins, Spreadtrum's expectations with respect to acceleration of TD-SCDMA uptake in the second half of 2011 with bringing the overall market to more than 50 million units shipment 2011, the ability of Spreadtrum's advanced 40nm platform to enable Spreadtrum to deliver a superior 3G experience on handsets, Spreadtrum's expectations with respect to shifts in China Mobile's purchasing strategy helping drive faster growth and acceleration of TD-SCDMA handsets market uptake by consumer's ability to purchase 3G handsets. The Company uses words like "believe", "anticipate", "intend", "estimate", "expect", "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; the rate at which the commercial deployment of TD-SCDMA technology will grow; change in China Mobile's purchasing strategy; the Company's ability to sustain recent rates of growth and its leadership position in TD-SCDMA market; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 6, 2011, as amended, especially the sections under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
http://finance.yahoo.com/news/Spreadtrum-Secures-Leadership-prnews-1862307397.html?x=0&.v=1
Spreadtrum Announces Management Share Purchases and Update on Spreadtrum Share Repurchase Activity
Today : Thursday 18 August 2011
Spreadtrum Communications, Inc., (Nasdaq: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, today announced that its executive officers President and Chief Executive Officer Dr. Leo Li, Chief Financial Officer Shannon Gao and Chief Technology Officer Joe Zou recently purchased a cumulative total of 281,766 American Depositary Shares ("ADSs") of Spreadtrum on the open market, at purchase prices ranging from approximately $14 - $15.30 per ADS. Dr. Li purchased 141,844 ADSs, Ms. Gao purchased 89,922 ADSs and Mr. Zou purchased 50,000 ADSs. The ADS purchases were made during an open window period in accordance with Spreadtrum's insider trading policy. None of the executive officers have sold any Spreadtrum shares during the last two years, and in the case of Mr. Zou, since he joined the Company in June 2011.
In addition to the management share purchases, Spreadtrum has conducted ADS repurchase activity on the open market as discussed in an announcement on June 17, 2011 and in its 2Q11 earnings release. Since June 2011, Spreadtrum has repurchased approximately 5.4% of the Company's total outstanding shares at an average price of $13.65 per ADS.
"Management share purchases and the Company's repurchase activity reflect the confidence that we have in Spreadtrum's future as a leading provider of mobile phone platform solutions in both domestic China and overseas markets, and our ability to drive short and long-term growth in the 2.5G, 3G and 4G market segments." Dr. Li commented.
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum") is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements. For more information, visit www.spreadtrum.com.
Safe Harbor Statements:
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the management's confidence in Spreadtrum's future leading role in both domestic China and overseas markets and Spreadtrum's ability to drive short and long-term growth in 2.5G, 3G and 4G market segments. The Company uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the Company's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for mobile phones; the state of and any change in the Company's relationship with its major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and the annual report on Form 20-F filed on April 6, 2011, as amended, especially the sections under "Risk Factors" and such other documents that the Company may file with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release, and does not intend to update any forward-looking statement whether as a result of new information, future events or otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=48876568&symbol=SPRD
Sold some back at $14.70. Not enough, should have sold the works and looked to buy back. .. nic
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SPREADTRUM COMMUNICATIONS,INC. AMERICAN DEPOSITORY SHARES
Spreadtrum Center
Building No. 1, Lane 2288
Zhangjiang, Shanghai 201203
http://www.spreadtrum.com
Spreadtrum Communications is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market. Co. combines its semiconductor design expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management. Co. has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are cost-effective and meet their cost and time-to-market requirements. Co. offers a portfolio of highly-integrated baseband processor solutions that support a range of wireless communications standards.
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