Chip manufacturer Freescale has won a contract from RIM for the upcoming BlackBerry 8900, leaving long-time supplier Marvell in the dust.
Chip manufacturer Marvell saw a downgrade status rating on the stock market today from Jefferies & Co. due to losing the contract with RIM to provide parts for the upcoming BlackBerry 8900 (a.k.a Javelin) to competitor Freescale. The folks from Friedman, Billings, Ramsey & Co. didn’t see it as quite that bad of a hit to Marvell.
“Not to minimize Freescale’s successful efforts, but we still think there is plenty of room for Marvell to feed at the Blackberry trough,” [analyst Craig Berger] wrote. “We believe Marvell’s unit shipments to Research In Motion could grow by 60%-80% this year.”
RIM’s been buying from Marvell for a long time, so we’re left to wonder what spurred the change in supplier. It could be as simple as going with the lowest bidder, but maybe Freescale’s got something that Marvell doesn’t… I guess we’ll have to wait for the Javelin around late November to see if she runs any differently.
(via MarketWatch)
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