Spreadtrum and Texas Instruments Maintain Strong Chinese Presence
July 01 2011 - 8:16AM
Marketwired
Semiconductor distributors in China have been posting record sales
in recent quarters. To develop business in this emerging market,
leading global distributors are hoping to obtain core product
resources from Chinese distributors, which may be authorized to
carry products from major chip makers. The Bedford Report examines
the outlook for companies in the Semiconductor industry and
provides equity research on Spreadtrum Communications, Inc.
(NASDAQ: SPRD) and Texas Instruments, Inc. (NYSE: TXN). Access to
the full company reports can be found at:
www.bedfordreport.com/SPRD
www.bedfordreport.com/TXN
According to the research firm iSuppli, distributor
semiconductor sales in China increased to $33.1 billion and sales
from both distributors and chip manufacturers combined to skyrocket
about 30 percent to $64.8 billion last year. Horse Liu, manager for
China research at iSuppli said, "Distributors also acquired more
sensor components business in the industrial electronics and
surveillance markets."
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Spreadtrum Communications CEO Leo Li believes Chinese chipmakers
are in a strong position, even as larger, global chipmakers enter
the space. "We are closer to the customers, the manufacturers, and
the market," he explains. Spreadtrum is what is known as "fabless"
-- it outsources production to other companies and focuses on
designing chips for mobile phones. "Only in China will fabless
companies grow in size in the future," argues Li.
Last year Texas Instruments announced its first wafer
fabrication (fab) facility in China. Texas Instruments argues this
"puts manufacturing close to the company's growing customer base."
The facility includes an operating 120,000-square- foot fab that
Texas Instruments argues can support more than $1 billion in annual
revenue and a 134,000-square-foot fab reserved for future
production needs.
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