EVs might just work for Xiaomi. I have been pretty negative with regard to the prospects of Apple making and selling an electric vehicle due to the impact it would have on the company’s profitability. However, by the same token, the opposite may be true for Xiaomi which has always taken pride in its low hardware margins. Xiaomi, like everyone...
Lack of support looks to have been the cause. Deliveroo took a hammering on its first day of trade falling 26% below the issue price in what I suspect has more to do with institutional support than its valuation. This is a major black eye for the London Stock Exchange and may make other companies such as Oxford Nanopore (in...
Arm lays out its position with Armv9. Arm has announced its first new processor architecture for quite some time but the real test of this will come when it goes head to head with Intel on a level playing field. Arm held its Arm Vision Day event where the headline news was the launch of the new Armv9 architecture updating...
Xiaomi’s looks to be going after Huawei’s business. Xiaomi’ latest launches signal a change in direction for the company that I suspect has been triggered by Huawei’s problems which have created the opportunity for Xiaomi to take its place in overseas markets and especially at home. Xiaomi’s “Mega Launch 2021” event revealed a new smartphone with a variant to match...
The dual share distribution causes problems. Deliveroo may already be regretting its decision to list in London as a number of big funds have decided to skip the IPO on the grounds that allowing dual share distributions leaves minority shareholders open to unfair treatment by management. While I strongly disagree with dual share distributions, investors still have the option not...
The great office return beckons. While the hottest stay-at-home at home stocks have started to correct from their highs, I think there is probably a long way to go as the signs are increasingly pointing to a full-scale return to the office. Zoom and Peloton are now well off their highs, Netflix, Amazon and Microsoft are currently treading water which...
Tsinghua does a Lucent. Tsinghua Unigroup is just another example of how problematic China’s strategy to become self-sufficient in semiconductors has become. While the rest of the industry is experiencing unprecedented demand for its products which combined with shortages should lead to excellent profitability, Tsinghua is flirting with bankruptcy. This is a classic sign of a very badly run company...
Intel rides the perfect storm. Intel has made maximum use of both tensions with China and the current semiconductor shortage to push its new foundry strategy which is going to take some time to come to fruition and left the really big question unanswered. Intel held its Intel unleashed event at which it detailed how its current roadmap has been...
This time its SPAC. WeWork is once again having a crack at going public and while the valuation is 80% lower than it was last time around, the company is still pushing the widely debunked technology platform story. The reason it is pushing this story is because it is the only way that this company can differentiate itself from the...
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.
Oracle vs Google – The merry-go-round: final edition.
The Supreme court puts the issue partially to bed. A 10-year titanic struggle comes to an end with Google triumphing over Oracle in a case that will set a precedent for where the value really lies in software and who owns it and who can monetise it. This is not a new fight as Oracle has been seeking $9bn in...