Radio Free Mobile has departed on a tour of the chateaux and wineries of the Loire Valley and will return on August 2nd.
The fight for the next platform begins. Meta’s decision to release commercial versions of its generative AI models as well as the supposed “leak” of its models have nothing to do with openness being “the best antidote to the fears surrounding AI” as stated by Meta and everything to do with becoming the development platform for the next generation of...
Huawei is not coming back in 5G. Huawei is reportedly planning a 5G comeback in smartphones but while there is no reason why it can’t make 5G devices, they will be so uncompetitive that it might as well not bother. Furthermore, its inability to access the Google ecosystem means that even if it could make good 5G phones, it would...
Strategic investors will pay more. SoftBank is engaging in a strategy to maximise the price at which it can sell Arm with the hope that because strategic investors are very likely to be willing to pay a high valuation, the public market will also. Nvidia is in talks to become an anchor investor in the re-IPO of Arm which would...
An impossible problem. China is pressing ahead with AI regulation which is going to be so problematic that it could end up destroying development in this key technology highlighting the conflict between the CCP’s need to control public discourse and its desire to excel at AI. The proposed European regulation has exactly the same problems but the greater freedom that...
Ant Group’s nightmare is finally over. Ant Group is buying back some of its shares in a move that indicates that the evisceration inflicted upon it as a result of Jack Ma’s transgressions is over and the company can get back to business. Ant Group is proposing to buy back 7.8% of every shareholder’s position at a valuation of $78.5bn...
Samsung echoes Micron. Samsung reported the worst set of preliminary results for many years but critically, they were slightly better than expectations and show a similar pattern to Micron where the decline in demand appears to be stabilising. Q2 2023 revenues / operating profit is expected to be around KRW60tn (down 22% YoY) / KRW600bn down from KRW14.1tn in Q2...
I think Musk wins this cage fight. Meta Platforms is releasing an alternative to Twitter which will give all those who say they want to leave an opportunity to do so and will be a real-world test of the power of the network. Meta’s new app will be called Threads which will be a text-based platform where users can post...
History looks set to repeat itself. China’s limitations on Gallium and Germanium will cause some short-term disruption but it will not deliver negotiating leverage and will only accelerate the decoupling and increase China’s isolation in the long term. China has announced that it will impose limitations on the export of Gallium and Germanium in order to “safeguard the national security...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Semiconductors Q2 2023 – Supercycle pt. XIII
AI cannot offset the general malaise. The contrast between TSMC and the rest of the semiconductor industry is a result of AI not being big enough to offset weakness elsewhere and the fact that inventory reductions are still going on at the semiconductor companies themselves despite having ceased elsewhere. The Q2 2023 reporting season is now well underway and while...