poLight announced some progress for projects in the consumer segment in its Q1 report. Within this segment, we view the wearable segment as having the highest likelihood of potential new design wins, following its recent smartwatch reference designs. The investment case remains binary and depends on whether poLight is able to secure additional design wins. As such, and with low visibility, we maintain our Hold rating.
18 May 2020
Q1: Some progress within consumer
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Q1: Some progress within consumer
poLight announced some progress for projects in the consumer segment in its Q1 report. Within this segment, we view the wearable segment as having the highest likelihood of potential new design wins, following its recent smartwatch reference designs. The investment case remains binary and depends on whether poLight is able to secure additional design wins. As such, and with low visibility, we maintain our Hold rating.