CEVA Inc. Q1 2009 Earnings Call Transcript

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2009-05-05 11:55:28.0

Tags: CEVA Inc., Multimedia, Call Transcript, Earnings, Games, Personal Technology, Seeking Alpha

Question-and-Answer Session

Operator

(Operator Instructions). Your first question comes from the line of Vijay Rakesh - ThinkEquity.

Vijay Rakesh - ThinkEquity

Just looking at the gaming platform, can you give us an idea of how many units you see there for 2009 and what are the next wins that you’re seeing on gaming side here going forward?

Gideon Wertheizer

Unfortunately we will not, we get our report from the customers that supplies to some of these different models and then products, but this is all under NDA and we can’t reveal specific information about the sales of our customers. In general, as you know we our multimedia platform is involved and doing quite well over the last two years in gaining and market share and in design license activities. Just recently we are seeing more and more ramp up of these types of products in the market with mass production.

Vijay Rakesh - ThinkEquity

Got it. Do you see any additional gaming wins here in 2009, new gaming platform wins?

Gideon Wertheizer

The relationship, without speaking specifically to the gaming console, the relationship that we have in the consumer space, in the mobile multimedia space is long term. I mentioned in my prepared remark, a follow-on agreement that we have with the Japanese company in the mobile multimedia space and it showed the long term, because it’s a continued project, we have one product that recently went to the market as good traction. Now we won the second generation.

Vijay Rakesh - ThinkEquity

One last question here, on Nokia it looks like Infineon that’s ramping well, it looks like Broadcom starting to ship also. Can you kind of help us understand what your market share trends will be at Nokia, how the shipment should trend ?09 versus ?08?

Gideon Wertheizer

Vijay, again we cannot be specific. One thing that I want to draw your attention and investor attention to what I said about the trend that we saw all of these from the report that we have got for the first quarter shipment.

We are gaining significant multitude or significant strengths in the ultra-low-cost, both in the GSM and the CDMA market. The real leading companies that engage with the Tier-1 OEMs in this space are using our technology and this is something that recently started and now gaining momentum.

Operator

Your next question comes from the line of Anil Doradla - William Blair & Company.

 

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