INVN at least until the iPhone 6 and/or the iWatch come out (or more detailed rumors are leaked) over the next couple months — if INVN is not in fact a major supplier to either of those products, it’s still a good company with a strong product portfolio but at that point investors will probably move on and there will very likely be chances to buy it cheaper.
Invensense is not the only company making MEMS sensor chips, and they’re a chip designer and a tech company so they face the same waves of change as all their competitors — new advances come fast, and competition to make things faster and cheaper never stops. Right now they seem to be the market leader in the fastest and most capable motion sensing chips, but that may not persist forever and they are not necessarily a “forever” dominant company — monopolies like Intel’s processor chip business are few and far between in the semiconductor space, so they can make lots
http://www.RadicalTechnologyProfits Radical Technology Profits newsletter. Back then he was touting Micro-Electro-Mechanical Sensors (MEMS) to “end all disease” and, in the end, teasing the very large ST Microelectronics (STM) as the major patent holder in this emerging field.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.