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Technology Stock Alert for TriQuint Semiconductor Inc

InvestorSoup.com announces an investment report featuring chip maker TriQuint Semiconductor Inc. (Nasdaq:TQNT).


TriQuint Semiconductor Inc. (TQNT) supplies modules and components for communications applications, as well as offers foundry services to communications companies worldwide. It primarily operates in the handsets, networks, and military systems markets. TQNT's products are designed on various wafer substrates, including compound semiconductor materials, such as gallium arsenide (GaAs) and piezoelectric crystals, such as lithium tantalate (LiTaO3). The Company uses technologies using GaAs substrates, including heterojunction bipolar transistors (HBTs) and pseudomorphic high electron mobility transistors (pHEMTs). Using various other substrates, the Company also manufactures surface acoustic wave (SAW) and bulk acoustic wave (BAW) products. Founded in 1985, TQNT has since evolved into a leader in market diversity serving customers in mobile handsets, 3G and 4G cellular base station, WLAN, WiMAX, GPS, defense and aerospace markets.

 

Message Board Search for TQNT: http://www.boardcentral.com/boards/TQNT

 

In the report, the analyst notes:

 

"On January 13, TQNT announced preliminary unaudited financial results for the fourth quarter ended December 31, 2009. The Company currently expects fourth-quarter revenues of approximately $190 million, an increase from previous guidance of $175 million to $185 million, due to increased holiday season demand.

 

"TQNT president and CEO Ralph Quinsey said during the Company's Q3 2009 earnings call that all three of the Company's markets experienced growth in the third quarter of 2009. Quinsey said the largest increase came from the wireless client submarket following the resolution of an over-inventory position at one of the Company's wire LAN customers..."

 

To read the entire report visit: http://www.investorsoup.com/lp/TQNT

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