Saturday, August 15, 2009

Memsic - 10Q

Revenue for Q2 2009 versus Q2 2008 by application:
  • Mobile Phone: $4.74M (52% of sales) up from $2.02M
  • Consumer: $2.21M (24.3% of sales) up from -$.138M*
  • Automotive: $1.78M (19.5% of sales) up from $1.34M
  • Industrial/other: $.39M (4.2% of sales) flat from last year
*Includes $2M revenue reversal in Q2 2008.

Our gross margin has decreased from 65.1% in 2007, to 47.9% in 2008 and 46.7% in the first six months of 2009.