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  "documentTitle": "DSP Group, Inc. (DSPG)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2013-05-13 00:00:00",
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  "notes": "Uses a before-after style comparison to highlight management's failure to execute.",
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      "text": "Given the significant competition in this market from much larger players, including Broadcom, Dialog Semiconductor, Infineon and Texas Instruments, we seriously question whether DSP's current projection to reach 25% market share by 2014 is realistic.",
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      "text": "2011 VOIP Market Share Estimates",
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      "text": "2013 VOIP Market Share",
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      "text": "market share: 9.0%",
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      "text": "In addition to missing market share projections, the VOIP business lost over $5 million in 2012, excluding any corporate overhead or equity based compensation. After fully allocating costs, losses would have been substantially higher.",
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      "text": "Given the significant competition in this market from much larger players, including Broadcom, Dialog Semiconductor, Infineon and Texas Instruments, we seriously question whether DSP's current projection to reach 25% market share by 2014 is realistic.",
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      "kind": "paragraph",
      "text": "DSP dramatically missed its goal of reaching 25% Enterprise VOIP (Voice over Internet Protocol) market share by 2012, recently estimating only 9% market share for 2012 and pushing out its plan to reach 25% market share to 2014.",
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      "kind": "source-note",
      "text": "Source: DSP investor presentations dated August 2011 and January 2013.",
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      "kind": "title",
      "text": "DSP Dramatically Missed its VOIP Market Share Projections",
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      "name": "Cost Of Inaction",
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