The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

chipsupply.com

Stage

Acquired | Acquired

About Chip Supply

Chip Supply is a merchant supplier of semiconductor die.

Chip Supply Headquarter Location

7725 N. Orange Blossom Trail

Orlando, Florida, 32810,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Chip Supply News

Eicher Motors Q4 Review: Higher Exports, Better Chip Supply To Aid Volumes, Say Analysts

May 16, 2022

8:49 AM IST, 16 May 2022 8:49 AM IST, 16 May 2022 8:49 AM IST, 16 May 2022 Save Analysts expect Eicher Motors Ltd.’s volumes to improve from the second quarter, aided by a pickup in exports, new launches and easing chip constraints.The optimism stems as the maker of Royal Enfield motorcycles saw a 16% year-on-year rise in its net profit in the three months ended March 31. That even as it sold 9% fewer units over the year earlier. Its revenue also increased and margin expanded during the reported quarter.Of the 4... Analysts expect Eicher Motors Ltd. ’s volumes to improve from the second quarter, aided by a pickup in exports, new launches and easing chip constraints. The optimism stems as the maker of Royal Enfield motorcycles saw a 16% year-on-year rise in its net profit in the three months ended March 31. That even as it sold 9% fewer units over the year earlier. Its revenue also increased and margin expanded during the reported quarter. Of the 47 analysts tracking Eicher Motors, 27 have a ‘buy’ rating, 14 suggest a ‘hold’ and six recommend a ‘sell,’ according to Bloomberg data. The average of the 12-month consensus price targets implies an upside of 18%. Here’s what brokerages have to say about Eicher Motors’ Q4 FY22 results... Nirmal Bang Institutional Equities New launches and exports to drive volume growth. Volume declined 10% YoY, largely affected by semiconductor shortages. Demand is slowly inching up and there is a strong order pipeline. The company sees chip shortage to persist for some time but has added two more additional suppliers to counter the shortage issue. Dolat Capital Improving growth and margin prospects. Gross profit per vehicle increased by 10% QoQ. Domestic volume to see a sharp uptick from Q2. New product launches, expansion of the network, and digitization push would be key for Royal Enfield’s growth strategy. Emkay Global Better chip supplies to lead to volume improvement in FY23. Reduces FY23-24E EPS by 2-3%, largely due to lower margins and profits from associates. The product pipeline remains strong, and several products are expected. Share of revenue from international business increased from 10% in FY21 to 17% in FY22, due to marketing efforts and network expansion in Europe, Latin America, and Asia-Pacific regions. Commodity and freight cost inflation is affecting margin performance, and pass-through is expected with a lag. Systematix Institutional Equities Q4 FY22 Ebitda surpassed consensus and estimates, as gross margin expanded 290 basis points sequentially. Network expansion and improved product portfolio in export markets are yielding positive results. Exports now account for 15% of the top line versus 5% a few years back. The success of the new platforms, coupled with a recovery in industry volumes, could lead to earnings upgrades. Motilal Oswal

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.