Omnivision's Business to Go Down?

Yahoo: Needham & Co. analyst N. Quinn Bolton released note on Omnivision with the following predictions:

"Based on industry contacts, we believe OmniVision will likely experience a reduction in order rates soon if it has not already due to overbooking last fall in the China handset market."
"In October, OmniVision shipped more then 120 million image sensors to clients, a rate that cannot be sustained this period."
"Prices should also come under increased pressure as competitor Dongbu gains market share, constricting OmniVision's gross margins." Samsung and Hynix competition might cause further ASP reduction.

Personally I do not believe in near term competition from Hynix and Dongbu side. It will take them few years to become real competitors, if at all.