Tuesday, October 23, 2007
Thirsty for some Magic?
What else do you see about this MVIS deal.
Can you explaing what makes you say this is bigger than we may think.
Because the press release is opaque and doesn't give a name.
My hunch says it's Samsung. Also, I wouldn't be surprised to see one more OEM deal, by year end. My guess on that is LG.
The product is on its way to commercialization. If the street was pricing in commercialization, the stock would be $10.
Or at least funnier.
whats beeen going on with the rupee, since you mentioned it. I think those 3 stocks have done pretty well since you mentioned them.
did you end up buying that day?
still not a believer?
Foxconn merged with Premier for it's MEMS expertise?
I think that's the kicker-
Foxconn: Technology motivation for Premier Image merger
DIGITIMES [Wednesday 21 June 2006]
Foxconn Electronics acquisition of Premier Image Technology, the largest maker of digital cameras in Taiwan, was motivated by Premier's opto-electronic and MEMS (micro-electro-mechanical-system) EMS (electronics manufacturing services) business operation, according to Foxconn spokesman Edmund Ding.
Premier Image, which produces digital cameras, compact camera modules (CCMs) used in cell phones, projectors and optical devices such as optical lens kits, is one of only a few Taiwan-based manufacturers that have integrated technology in the opto-electronic and MEMS areas, Ding pointed out.
Premier Image's technology complements Foxconn's cost advantages in making molds, procuring components/materials, manufacturing and shipping products, Ding indicated. Premier Image's CCM production can strengthen Altus Technology, Foxconn's subsidiary maker of CCMs and related components, while digital cameras, projectors and optical devices will add new product lines to Foxconn, Ding noted.
Premier Image revealed the merger plan to its clients before a public announcement of the merger on June 20 and received positive responses, the company indicated. All of its 780 employees in Taiwan and about 10,000 in Foshan, southern China, will be shifted to Foxconn, Premier Image noted.
The merger will not substantially affect business operations this year for Altek, Ability Enterprise and Asia Optical, three other leading makers of digital cameras in Taiwan, but whether there will be impact in subsequent years remains to be seen, according to industry sources.
I also liked the use of the term "accelerate' in the PR. They could have easily left it out. To me that means BEFORE originally stated...
Fly is right, this fucker should be trading at $10.
Hopefully Tokman will add as much color as possible before CC-it was a good time for this announcement, and maybe they are making an effort to manage the S/P a little.
Good points. But if it is some one like Foxconn, then why would they not want their name announced. As far as they are concerened there is very little competition for them. It would seem some OEMs don't want their names announced because of extreme competition but why would manufacturer would care.
May be there is some real news that has not been announced. I don't think this was signed long time ago and AT just released. If any thing AT just finalized which CE mfg. they are gonna go with out of 3 or 4. I think real news is still yet to come out.
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