Skyworks delivers on its promises
"I am extremely pleased to report that the Skyworks team continues to deliver on its promises and exceed expectations," said David Aldrich, Skyworks president and CEO. "Building on the success of our early achievement of operating profitability, the December period marks our sixth consecutive quarter of revenue growth with improving operating results.
The company also said that it had expanded its gross margin to 42%, excluding Mexicali assembly and test service revenues. Skyworks also shipped a record number of antenna switches as a result of proliferation at two top-tier handset customers coupled with traction within 802.11a/b wireless LAN applications and has supported Samsung s launch of three additional handsets targeting China, South East Asia and the Middle East.
The company expects sequential revenue growth in the seasonally weak current quarter, driven by the ramp-up of recent design wins and increasing market share.
