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News Breaks
July 31, 2012
08:06 EDTSNE, OVTINeedham cuts OmniVision estimates after Sony keeps Apple position
Needham said that its channel checks indicate Sony (SNE) has retained its position at Apple (AAPL), supplying the 8MP back-camera sensor for the upcoming iPhone 5. The firm believes OmniVision (OVTI) is supplying the 1.3 MP front-sensors, plus an extra pixel for image. Since Needham had expected Apple would dual-source the 8MP sensor socket between OmniVision and Sony, it lowered its estimates for OmniVision following its channel checks. The firm dropped its price target for shares to $18 from $24, but keeps a Buy rating on the name.
News For OVTI;SNE From The Last 14 Days
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May 26, 2015
15:31 EDTSNEMicrosoft expands OEM partners, Sony tablet to include pre-installed Office apps
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May 24, 2015
16:11 EDTSNESony to hold a meeting
Sony IR Day 2015--Electronics is being held in Tokyo, Japan on May 27 at 1 am. Webcast Link
May 21, 2015
06:42 EDTSNESony establishes UK studio to work on Morpheus games, GameSpot reports
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May 18, 2015
09:02 EDTOVTIOmniVision and Silicon Line GmbH announce collaboration
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