Wednesday, May 04, 2011

Pixart Margin Fell to 34-35%

Digitimes: Pixart expects its revenues to grow 10-15% sequentially in Q2 2011 due to strong demand for optical mouse sensors, but its gross margin to drop to 34-35% from 35.7% recorded in the previous quarter. The company's shipments of optical mouse sensors are expected to top 90-100M units in the first half of 2011 and 200M units for all of 2011. Shipments of high-margin sensors for Nintendo's Wii consoles are likely to decline in Q2 as consumers are waiting for the launch of Wii 2.

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