Friday, November 30, 2007

Omnivision's Margins Improving

Yahoo: Omnivision reported its margins improving in Q2 FY2008. Gross margin for the second quarter of fiscal 2008 was 25.2%, compared to 23.4% for the first quarter of fiscal 2008. The increase in gross margin reflects lower production costs and improved yields.
Omnivision reported acceleration of demand for higher resolution sensors for developed markets, expansion in new markets and Emerging Products business improving.

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