OIIM - O2Micro: Return To Profitability Cheap Valuation And Hidden Treasure In The Balance Sheet
O2Micro International Limited (OIIM) is a Cayman Island based fabless semiconductor company engaged in power management products, predominantly intelligent lighting for televisions and battery management for everything from power tools to electric bikes.
O2Micro has been attempting to undergo a turnaround for several years with cost cutting measures and a focus on higher margin products. The company's quest for profitability has been accelerated by the stay at home response to COVD-19. Company Chairman and CEO Sterling Du said:
Our growth in the first half of 2020 has benefited from successful development of