Sivers Semiconductors: On the Crest of the mmWave Wave
Redeye raises its valuation of Sivers Semiconductors, as we think the company is on the crest of the forceful millimeter wave wave. We have boosted our Wireless sales estimates, expecting more FWA tailwind. We also forecast a less aggressive price pressure in the unlicensed spectrum, considering the emergence of a duopoly market structure.