The fund holdings of Texas Instruments, Broadcom, Omnivision Technologies and Micron Technology account for almost 21% of the fund and should perform well as the demand for the iPhone grows.

FORBES: Riding iPhone 4 Using ETFs

Also putting pressure on the company's stock was a report on the website Digitimes, which covers the computer and related industries, that Hewlett-Packard had chosen Micron Technology over Omnivision to supply image sensors for its cameras.

FORBES: Magazine Article

What all this means is that OmniVision no longer has a technology advantage or a cost advantage.

FORBES: A Bleak Outlook for OmniVision

Unfortunately, OmniVision ended up losing market share to tough competitors such as Micron Technology.

FORBES: Magazine Article

Unfortunately, OmniVision ended up losing market share to tough competitors such as Micron Technology (nyse: MU - news - people ).

FORBES: A Bleak Outlook for OmniVision