OmniVision Technologies and Skyworks Solutions Look to Benefit From Rapidly Growing Smartphone Demand
Five Star Equities Provides Stock Research on OmniVision Technologies and Skyworks Solutions
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/25/12 -- Semiconductor stocks have posted some impressive gains as the demand for mobile devices is rapidly growing. The Industry has shifted from one focused on personal computers to one dominated by smartphones. Companies who have been able to evolve with the times have profited while those who did not languished. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on OmniVision Technologies, Inc. (NASDAQ: OVTI) and Skyworks Solutions Inc. (NASDAQ: SWKS).
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The smartphone market is expected to generate an estimated $219 billion in 2012 according to recent Bloomberg Industries data. Gartner Inc., a technology research firm, forecasts global smartphone shipments are expected to total 655 million in 2012, more than double 2010's total of 299 million. In comparison, over the same period the PC market grew only 5 percent to 368 million units.
Apple's highly anticipated release of their iPhone 5 later this year should also provide a great boost for the company's chip suppliers. "We believe the iPhone 5 will represent the biggest consumer-electronics product launch of 2012 as well as the biggest device-upgrade cycle in smartphone history," Piper Jaffray analyst Gene Munster recently wrote.
Five Star Equities releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
OmniVision Technologies is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today's consumer and commercial applications, including mobile phones, notebooks, tablets and webcams, entertainment devices, security and surveillance systems, digital still and video cameras, automotive and medical imaging systems.
Skyworks Solutions, Inc. is an innovator of high reliability analog semiconductors. Leveraging core technologies, Skyworks offers high performance analog products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military, networking, smartphone and tablet applications. The company reported revenue for the quarter was $364.7 million, up 12 percent when compared to revenue of $325.4 million in the second fiscal quarter of 2011 and exceeding the company's guidance of $360.0 million.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks.
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Datum: 25.05.2012 - 12:20 Uhr
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