Qualcomm helps Broadcom for once. Although Apple is intending to design Broadcom out of its iPhones in favour of an in-house solution, I suspect that its inability to design a good 5G modem that works at millimetre wave frequencies will keep Broadcom in Apple devices for longer than many expect. I think that there is plenty of evidence that Apple...
China. China stands out in that although being mostly absent from the show this year, China is the most likely to surprise this year. This is because almost everyone in the industry (and at CES) appears to be universally negative on China which combined with geopolitical tensions has meant that development efforts in this direction have ground to a halt....
CES 2023 – Almost normal Despite a lot of hype, the footfall at CES 2023 is below pre-pandemic levels. There are a number of mitigating factors: First, China, which is largely absent outside of the really big players like TCL who have a local presence. Despite geopolitical tensions, China remains a crucial part of the technology industry and it is...
EV, not Auto – Soggy reality. Making electric cars is not nearly as exciting as vehicles that drive themselves, but the fact that they are here now as opposed to “sometime in the next 10 years” means that they will be headlining the show this year. This continues the theme of reality over narrative that has been forced upon the...
China Technology – The last shoe The worsening Covid situation in China continues to hurt sentiment towards Chinese technology but this looks to me like the other shoe dropping and a signalling of the bottom. Chinese technology has been hammered by regulation, geopolitics and the economic fallout from Covid zero and given how lowly it is valued, I suspect that...
Radio Free Mobile will return on the 4th of January 2023. RFM would like to wish all of its readers a happy Xmas and a happy new year!
Micron pays the piper. Micron is cutting its expectations and spending for 2023 in order to deal with weak demand, but the impact of supply has yet to be felt meaning that this cycle could be as nasty on the way down as it was great on the way up. Micron reported FQ1 revenue / EPS of $4.1bn / LOSS$0.04...
CES 2023 should be back to its usual mayhem. CES 2023 is shaping up to be a car show once again as this remains the category where there is the most change with both the migration to software and the shift from petrol to electric. However, the crash in technology valuations and sentiment is likely to cast a shadow over...
Meta Platforms – double down Meta is doubling down on its commitment to the Metaverse by, voicing its intention to allocate 20% of its expenses to the Metaverse in a move that is almost certain to hit earnings hard in 2023. Meta’s CTO Andrew (Boz) Bosworth reiterated Meta’s commitment to the Metaverse in a blog post (see here) where he...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Microsoft & OpenAI – Fluff ’n’ stuff
OpenAI is a long way from challenging Google. The hubris around OpenAI following the popularity of ChatGPT continues to grow but the nature of ChatGPT and NLP models, in general, has not changed and they remain wholly unsuited for any task where factual accuracy and truth are important. As a result, I think that Microsoft will struggle to make a...