SPRD - Spreadtrum Communications Inc (NASDAQ Stock)

[lovemoney]

Been in a upward trend stair pattern since April. Made new high today out of last week's consolidation. (Starting to get a little overbought so it may possibly pull back a little or consolidate some more.)

SPRD - SharpCharts Workbench : StockCharts.com

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Spreadtrum Communications Inc.
Spreadtrum Center Building No 1 Lane 2288 Zuchongzhi Road
Zhangjiang High-tech Park Pudong District
Shanghai, 201203
China
Phone: 86 21 5080 2727
Fax: 86 21 5080 2996
Web Site: Spreadtrum Communications (Shanghai) Co., Ltd. - Spreadtrum

DETAILS
Index Membership: N/A
Sector: Technology
Industry: Semiconductor - Broad Line
Full Time Employees: 674

BUSINESS SUMMARY
Spreadtrum Communications, Inc., a fabless semiconductor company, designs, develops, and markets baseband processor solutions for the mobile wireless communications market. It offers a portfolio of integrated baseband processor solutions that support a range of wireless communications standards, including global system for mobile communications (GSM), general packet radio service (GPRS), and time division-synchronous code division multiple access (TD-SCDMA), a 3G standard for wireless communications. The company’s solutions also provide various multimedia capabilities, such as TV-out, MP3 digital audio playback, touch screen, JAVA accelerators, digital camera controllers up to 5 mega-pixels, Motion JPEG, MPEG4, AVS and H.264 digital video playback, and 64-channel polyphonic ringtone playback. In addition, it offers radio frequency transceivers; and a CMMB-based channel demodulator and audio/video decoder processor solution for the mobile television market, as well as AVS audio/video decoder processor solutions for the Internet protocol television, satellite, cable, and terrestrial digital television markets. Further, the company provides turnkey solutions, which include total reference design solutions, which combine its baseband semiconductors, radio frequency transceivers, and reference designs. It sells products directly to brand manufacturers, independent design houses, and original design manufacturers primarily in the People's Republic of China, Hong Kong, and Macau. The company was founded in 2001 and is headquartered in Shanghai, the People’s Republic of China.

[greencat]

SPRD broke through resistance today,looks like there may be a little more left in this move.

SPRD Chart

[greencat]

SPRD has made a real nice uptrend and made a higher high on Friday.

Originally Posted by greencat

SPRD broke through resistance today,looks like there may be a little more left in this move.

SPRD Chart