Silicon Image Sees 2015 Revenue Drop on Fewer Design Wins With Big Mobile Customer
Silicon Image warned Thursday of a 10 percent year-over-year revenue decline due to a reduction of mobile design wins at one of its largest customers, which wasn't named. The decline in the mobile segment is expected to be offset by…
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strength in CE business due to “continued penetration” of MHL (Mobile High-Definition Link) in mainstream TVs and of HDMI 2.0/MHL 3.0 in 4K Ultra HD TVs. Despite the drop in revenue, Silicon Image expects to remain profitable in 2015 with operating margin as a percent of revenue “flat to slightly up for the year.”