2010年8月13日 星期五

展訊殺出重圍,3Q10成長29% QoQ

2Q10營收US$71.4M,超過guidanc的US$61-68M,對2H10展望樂觀,GSM和TD的market share同步提升,3Q10營收guidance US$88~96M,毛利率持平到微幅下滑。

Commenting on the results, Spreadtrum's President and CEO, Dr. Leo Li said, "We maintained our positive momentum in the second quarter of 2010 and achieved our best quarterly results in the history of our company in terms of revenue and profitability. Revenues for the quarter rose 341% year-over-year to $71.4 million and net income grew 69% from the prior quarter to $11.1 million as new and existing customers continued to recognize the value and quality of our products. Our low cost solutions with high quality and attractive features are enabling us to gain market share in both the GSM and TD markets. At the same time, we further expanded our operating and net margins during the second quarter.

"Looking ahead to the second half of 2010, we are confident that our solid and growing base of loyal customers, the expected increase in revenue contribution from both domestic and international sales, coupled with favorable trends in the TD market, and our plans to deepen our product portfolio, will support continued growth in the second half of the year. For the third quarter 2010, we expect revenue to be in the range of $88-96 million with flat or slightly lower gross margins on a sequential basis. Although we are facing toughening competition as we gain market shares in both GSM and TD business, we believe that our value proposition and ability to execute on our key initiatives will support healthy and sustainable margin levels that are in line with our long-term targets."

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