An Investor Business Daily article summarized a research note from Piper Jaffray. The note was issued by Troy Jensen following a call held with Andrew Schmitt and 70+ buy-side investors.
We believe the most encouraging data points from our consultant call with Cignal AI founder Andrew Schmitt were his positive comments toward China demand,” said Jensen in a report. “Schmitt recently met with Huawei and other Chinese suppliers, and came away with the simple conclusion that China demand will not drop off in second half 2016 or in 2017, and expects China 100G port growth to possibly exceed 30% in 2017.