Checho – My info on QUIK comes from Next Inning reports. It is a tiny company, and therefore, underfollowed. Their revenues grew from 14.9M in 2012 to 26M in 2013. Next Inning projects that they will more than double this year to 60M. QUIK is already shipping display products to Samsung. They expect to be shipping sensor hub products for cell phones starting in the 3rd Quarter of this year. These must be "always on" and consume low power. NI states that the QUIK product consumes 1/30th of the battery power of competitive Micro Controller-based sensor hubs on the market today. They believe that this is a big deal. Very early on a small company stock, but one that seems to possess a lot of potential. We'll see. To date, QUIK has been selling into the tablet market. Smartphone volumes are huge. One billion smartphones were shipped in 2013. Forecasters are projecting smartphone volumes to grow 29% year-over year. If, and it may be a big if, QUIK can compete competitively in this market, the results could be very significant to such a small company. I may be drinking the Kool-Aid on this one, but I'm a believer.
April 15th, 2014 at 12:32 pm
Checho – My info on QUIK comes from Next Inning reports. It is a tiny company, and therefore, underfollowed. Their revenues grew from 14.9M in 2012 to 26M in 2013. Next Inning projects that they will more than double this year to 60M. QUIK is already shipping display products to Samsung. They expect to be shipping sensor hub products for cell phones starting in the 3rd Quarter of this year. These must be "always on" and consume low power. NI states that the QUIK product consumes 1/30th of the battery power of competitive Micro Controller-based sensor hubs on the market today. They believe that this is a big deal. Very early on a small company stock, but one that seems to possess a lot of potential. We'll see. To date, QUIK has been selling into the tablet market. Smartphone volumes are huge. One billion smartphones were shipped in 2013. Forecasters are projecting smartphone volumes to grow 29% year-over year. If, and it may be a big if, QUIK can compete competitively in this market, the results could be very significant to such a small company. I may be drinking the Kool-Aid on this one, but I'm a believer.