Spreadtrum and lower fourth quarter revenue is expected to lay off 15%

Dec. 26 message, Spreadtrum announced fourth quarter earnings expected to be 1 million U.S. dollars, and lay off 15%.

Third quarter of 2008, revenue of 20 million U.S. dollars Spreadtrum, great changes as the industry environment, the fourth-quarter revenue is expected to only 10 million U.S. dollars. Previously, Thomson Financial expected revenue of 22.89 million U.S. dollars.

Spreadtrum GSM mobile phone chips do fortune, in order to make TD, CMMB and AVS three national standards, has invested more than 600 million yuan, has Spreadtrum TD chip shipments only less than 100,000, CMMB chip shipments are not more than 80 10000. The Spreadtrum GSM chips shipped each quarter at 800 million to 9 million or so.

Spreadtrum was established in April 2001, San Diego in the United States and China, Shanghai, Beijing, Shenzhen and Tianjin branch offices and development centers. According to reports, Spreadtrum total number of employees to about 800, more than 500 employees are engaged in international projects related to more than 400 people specialize in TD development, the company invested more than 50% of Finance is doing TD. The current round of layoffs, about 120 or so.

Early in November, Spreadtrum Communications announced third-quarter results of 2008 third quarter revenues of Spreadtrum 20 million U.S. dollars, down 48%, loss of 31.3 million U.S. dollars. The Spreadtrum cash on hand to this year only 67 million U.S. dollars by the end of June. (Sea)

Related information:

Spreadtrum financial situation: third-quarter loss of 31.3 million U.S. dollars

Spreadtrum Communications, a net loss for the third quarter of this year, 31.3 million U.S. dollars, last year and this year's second quarter net profit to 6.1 million U.S. dollars and 260 million.

Excluding one-time profit and loss items, Spreadtrum Communications, a loss in the third quarter of 430 million, last year and this year's second quarter profit was 7.6 million U.S. dollars and 490 million. Spreadtrum Communications, the third quarter of this year, each American Depositary Share, diluted loss of 0.1 U.S. dollars, last year and this year's second quarter diluted earnings per American depositary share were 0.16 dollars and 0.11 U.S. dollars.

Spreadtrum cumulative shipments of the chips next year, watch 100 000 000

November 16 this year, Kang Yibo, vice president of market development of disability information on the Netease technology that Spreadtrum CMMB chip market is very promising, "Our SC6600V the industry's first to support both H.264 and AVS video decoder single-chip solution , cumulative shipments of chips next year, the company is expected to watch 100 million. "







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