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Product category: Communications ICs (Wired)
News Release from: Agere Systems
Edited by the Electronicstalk Editorial Team on 25 January 2006

Storage business drives Agere's revenue

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Agere Systems has reported revenues for the first quarter of fiscal 2006 of $403 million, driven by strong demand in the company's storage business.

Agere Systems has reported revenues for the first quarter of fiscal 2006, ended 31st December 2005, of $403 million, within the guidance range provided in October, driven by strong demand in the company's storage business By comparison, Agere's revenues were $416 million in the September quarter and $410 million in the year-ago quarter