+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
 
News Article

RFMD sees hope in next-generation phones

Despite RFMD's December quarter revenue falling 12.5% year-on-year, the company remains upbeat following the release of its next-generation products.

US-based GaAs chip maker RF Micro Devices reported revenue of $168.9 million for its third fiscal quarter of 2004, up $19.8 million sequentially, but down 12.5% year-on-year.

The company put the decline down to continued weakness in the Asian GSM/GPRS cellphone handset market coupled with a fall in demand for TDMA handsets in the US.

RFMD's net profit in the seasonally-strong December quarter, as reported under standard accounting procedures, was $0.6 million. That's an improvement on the $6.7 million loss in the previous quarter, but down from the $28.2 million profit netted this time last year.

"RFMD is benefiting from the evolution to next-generation air interface standards, such as W-CDMA and EDGE," remarked company CEO Bob Bruggeworth. "We are growing our dollar content in next-generation handsets through increased customer adoption of our cellular transceivers and highly-integrated transmit modules."

Dean Priddy, RFMD's CFO, added: "During the December quarter we began ramping in-house module assembly at our facility in Beijing, which we believe will improve power amplifier module margins beginning mid-2005."

RFMD expects its next-generation products to partly offset seasonal decline in the current quarter. It predicts revenue in the low- to mid- $150 million range and a loss of $4-6 million.

×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: