InvenSense: China Is Not That Important Yet
- InvenSense hit a new multi-year low on the back of weakness in China.
- The company gets a decent amount of revenue from Chinese consumers, but it isn't the market leader at this point.
- InvenSense is too cheap to pass up at these levels.
Read the full article on Seeking Alpha.
Disclosure: Long INVN. Please review the disclaimer page for more details.