Spreadtrum account receivable problem

Reading Time: < 1 minute (Spreadtrum A/R and inventory from 4Q 06 to 2Q 08, click to enlarge) As shown in the picture above, their A/R (account receivable) jumped from $1.4 m on Mar 31 to 17.4 m June 30; inventory did not reduced much. This is also evident from its reduced cash postion. Read more details from its earning… Continue reading Spreadtrum account receivable problem

Speculating on Spreadtrum Communications SPRD

Reading Time: 2 minutes Let me put up the negatives (risk, downside) first. If it still stands after all the beatings, it may work out eventually. We all know semi-conductor is a tough business, and as you may know making cell phone is a cutting throat competitive business in China. Negatives SpreadTrum (Nasdaq:SPRD) supplies chips to domestic cell phone… Continue reading Speculating on Spreadtrum Communications SPRD