Tuesday, October 30, 2007

Pixelplus Q3 Results

Yahoo: Pixelplus sold approximately 4.2 million image sensors in the Q3 2007, which represented an increase of about 1.2 million units from its sale of around 3.0 million units in the Q2 2007.

As in the previous quartery report, there is a mysterious "services" statement: "the Company provided approximately 2.2 million image sensors arising from its supply of services to a leading Japanese module maker".

In terms of combined figures, the Company sold and supplied a total of about 6.4 million image sensors in the third quarter of fiscal 2007.

Gross margin for the Q3 2007 was roughly 26%, compared to approximately 36% in the Q2 2007.

The Company is fully focused and committed to obtaining a major design win to supply its PO4010 CIF SoC sensors for use in upcoming, high volume mobile camera phones of one of the world's largest mobile phone manufacturers based in Korea. PO4010 is currently in the final stages of testing and inspection by the Korean mobile phone manufacturer, and the Company is confident that it will be in a position to secure a design win in Q4 2007 and ship its PO4010 to that Korean manufacturer starting in the Q1 2008. PO4010 uses 0.13um process and features a 3.6um pixel - quite an interesting combination.

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