Feb. 3 at 3:45 PM
$RMBS The Supply Chain Issue Explained
A back-end manufacturing issue with one of their OSATs was identified in Q4. The root cause was found, and corrective actions were implemented. Yahoo Finance
Key details:
The issue affected only RCD products—specifically older versions—and did not affect companion chips. Yahoo Finance
Lynch quantified the expected revenue impact, stating it would be "around low double-digit $ million" in what is already a seasonally softer quarter. Yahoo Finance
The company expects to replenish inventory by the end of Q1 and return to strong growth in Q2. Yahoo Finance
Seraphin said there was no reputational damage with customers, describing close coordination with suppliers and customers. Yahoo Finance
Translation: A ~
$10-15M revenue hit in Q1 (already a weak quarter seasonally), affecting a small number of older-generation chips. Problem identified, fixed, and inventory being rebuilt.
