Product category: Communications ICs (Wired)
News Release from: Agere Systems
Edited by the Electronicstalk Editorial Team on 23 July 2004
Agere returns to profit - for now
Agere Systems has reported that revenues for the third quarter of fiscal 2004, ended 30th June, were $495 million, up 9% over the year-ago quarter, and 7% sequentially.
Agere Systems has reported that revenues for the third quarter of fiscal 2004, ended 30th June, were $495 million, up 9% over the year-ago quarter, and 7% sequentially, driven by growth in sales of chips for mobile phones and wireless infrastructure, as well as an increase in revenues from intellectual property licensing The company's Infrastructure Systems business reported revenues of $146 million, up 11% from the year-ago quarter and 14% sequentially
This article was originally published on Electronicstalk on 8 Mar 2007 at 8.00am (UK)
Related stories
HDD pre-amp boasts fastest operation
High-performance, low-power pre-amplifier integrated circuit is specifically designed for use in enterprise and desktop computer hard disk drives.
Read channel saves power for handheld drives
Fully functional 90nm TrueStore read channel features the industry's lowest power consumption and highest performance within the market for handheld consumer electronics.
The company's Client Systems business reported revenues of $349 million, up 8% from the year-ago quarter, and 4% sequentially.
The company reported a GAAP net income of $2 million or breakeven per share, compared with the year-ago net loss of $78 millio