Omnivision Outlook Improving

The Business Insider: Morgan Keegan upgraded OmniVision Technologies Inc. on Monday to its highest rating, saying the chip maker is taking market share from Aptina and is on track to increase profitability. Upgrades to image sensors in smartphones and laptops will improve profit margins, and the company has opportunities in the auto sector as well.

Barron's adds that according to the same analyst, Omnivision has weathered the downturn better than some of its rivals, and says it is “well-positioned in each of its end markets.”

Yahoo: In the meantime, Omnivision announced that its AutoVision image sensors have been selected by Altek, a Taiwanese imaging systems provider. Altek chose OmniVision's sensors for its Eagle View 360 degree surround viewer and lane departure warning system (LDWS), two of the automotive industry's most sought after driver assistance applications. Altek's Eagle View system is already being implemented by a large Asian automotive OEM.