Geopolitics is firmly in the driving seat. Samsung has announced its intentions to triple its foundry business from 2021 as well as migrate from 5nm to 1.4nm within a 5-year time horizon in another sign that the foundry opportunity and the build-out of leading-edge is being driven by geopolitics rather than economics. Samsung is holding its annual Foundry Forum in...
Intel is a committed seller. Mobileye has filed its S-1 with the SEC announcing its intention to relist but looking at how much growth has slowed and how low its margins are, indicates that even the reduced valuation of $30bn is going to be a stretch. Mobileye started life as a chip company selling camera-based ADAS systems to the automobile...
China may be the dark horse in Q4 2022. The technology sector is battening down the hatches for a rough Q4 2022 with the only bright spot potentially being the lifting of Covid Zero in China after the 20th National Congress of the CCP and a re-rating of the moribund Chinese technology sector. Micron reported in-line FQ4 2022 results but...
New clothes do not make Alexa any better. Amazon launched a plethora of devices that aim to strengthen its grip on the smart home, home and small office security, wellness and reading/note taking but there is no sign of Alexa getting any cleverer which at the end of the day is what Amazon really needs. Amazon held its annual device...
Intel puts AMD in its box. Intel has finally launched new products that have a shot at putting AMD back in its box but the real competitor for Intel to deal with is no longer AMD but Arm. Intel launched its Raptor Lake series of processors the flagship of which is the Core i9-13900K touting 24 cores and clock speeds...
Faraday Future only tells half the story. In my opinion, Faraday Future is playing fast and loose with investors by issuing a press release regarding the resolution of a shareholder dispute but failing to mention that its vehicle is now suspended until such time that more money can be raised. Fortunately, the market saw through this which caused a rollercoaster...
Picks and shovels of the digital vehicle. Qualcomm is showing signs of executing on its automotive ambitions with a 57% increase in its design win pipeline in the last 3 months as well as a pretty clear view of exactly how it is addressing the vehicle opportunity. Qualcomm held an analyst day specifically for its automotive group where it outlined...
Inflation undermines users’ willingness to pay. It looks like up to 25% of US subscribers to Netflix are considering leaving the service not to join a competitor but mostly because when times are tough, it’s the discretionary spend that gets cut first. This strongly implies that Netflix’s competitors are about to suffer just as much, if not more, with only...
Volvo’s safety drive accelerates the Lidar cost curve. Volvo’s intention to include Lidar on all of its vehicles for safety reasons is likely to accelerate the cost reduction of Lidar to the point where it is included in everything by default making it as ubiquitous as WiFi. This will also have the effect of greatly reducing the cost to deploy...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Twitter – The price of free speech pt. VIII.
Musk caves. Elon Musk has realised that he is very likely to lose his court case against Twitter meaning that he has again offered to buy the company for $44bn ($54.20 per share) but the transaction is going to be even more expensive now than when he originally made the offer. There are two big winners from this event: First,...