Silicon Image Sees 2015 Revenue Drop on Fewer Design Wins With Big Mobile Customer

Silicon Image warned Thursday of a 10 percent year-over-year revenue decline due to a reduction of mobile design wins at one of its largest customers, which wasn't named. The decline in the mobile segment is expected to be offset by strength in CE business due to “continued penetration” of MHL (Mobile High-Definition Link) in mainstream TVs and of HDMI 2.0/MHL 3.0 in 4K Ultra HD TVs. Despite the drop in revenue, Silicon Image expects to remain profitable in 2015 with operating margin as a percent of revenue “flat to slightly up for the year.”