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The Company manufactures semiconductors using its advanced manufacturing processes for the customers based on its own or third parties' proprietary integrated circuit designs.
Likely beneficiary of the fallout between Apple and Samsung. Even without Apple's business the company will flourish in 2013. IT has contracts with big chip makers like Qualcomm, Nvidia, and Broadcomm, and still does some business with Apple. The company is growing its production capacity, as it becomes the largest mobile chip manufacturer in the world. At a PE below 16, I believe the company is undervalued.
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