1 Stock to Play Global Technology Growth
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Unit sales at Research In Motion are falling, while Chinese handset makers are starting to pick up sales momentum. If growth at Huawei and ZTE continues, they will pass RIM and Nokia in terms of unit volume. And that will be great news for InvenSense. In its last conference call, it said that Edom, a supplier to Chinese handset makers, was a 10% customer for its micro-electrical-mechanical systems, or MEMS. If Edom is a big customer and Chinese handset makers are growing fast, that gives InvenSense a great international growth option over time. InvenSense has a low-cost platform for its MEMS, giving it an advantage. Although the company doesn't supply Apple, it does supply chips to phones using Google's Android operating system. Shares are very attractive today, and the international growth option makes them even more so.
Big tech names might gather a lot of investor attention, but the truth is they're playing second fiddle to an even larger revolution in technology. To better prepare investors for this new revolution, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time this article was published