07.06.2001
Secured handset orders from Motorola
Development: Local press reported that ACM and DbTel (5304) have
received handset orders from Motorola for 2H01, with shipments beginning in September.
Analysis: ACM shipped about 2.3m units of handsets in 1H01, and we
expect total shipments for 2001 to be around 5.5m units.
Primasia View: We reiterate our recommendation based on the expected
turnaround for the handset market in 2002, and continued benefit from the booming LCD
monitor segment.
BennyLo@Primasia.com +886-[0]2-2547-8869 |
