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Ambarella, Inc. (AMBA)
Ambarella, Inc. manufactures high definition video compression and image processing semiconductors. The Company products used in digital still cameras, camcorders, and video-enabled mobile phones.
Dilemma of Premium Smartphones: Smartphone Quarterly Sales Drop for the First Time | BusinessKorea
According to market researcher Gartner on March 12, the number of smartphones sold worldwide sank 5.6 percent year on year to 408 million in the fourth quarter of last year. This is the first time that quarterly smartphone sales declined compared to the previous year. "People who buy new smartphones are choosing premium models and the high performance of the premium models has made it take more time for them to replace their smartphones with new ones," said a director at Gartner. March 16, 2018
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