Product category: Communications ICs (Wireless)
News Release from: Cambridge Silicon Radio
Edited by the Electronicstalk Editorial Team on 15 December 2004
Techmark award completes hat-trick
CSR has been awarded its third major industry accolade in as many weeks
The Techmark Achievement of the Year Award, which recognises the top performing companies in the quoted technology industry, was collected by Richard Ord, Vice President of CSR's Bluetooth Business Unit, at Techmark's recent awards dinner. The Techmark Awards Dinner is sponsored by PricewaterhouseCoopers and the London Stock Exchange.
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Flash solution fitted to headsets
CSR's BlueVOX Flash solution combines a high-performance, low-power Bluetooth radio with 6Mbit of on-chip reprogrammable Flash memory and a comprehensive software development kit
Revenues illustrate continued Bluetooth domination
CSR has recorded unaudited first quarter revenues of US $160.1 million - 19% higher than the same quarter in 2006
This award follows accolades from the National Business Awards and the European electronics industry Awards, which also celebrate CSR's commercial success and technological innovation.
CSR has achieved quarter on quarter growth over the past 11 quarters with operating profit on Q304 exceeding revenue for the same period in the previous year.
CSR's BlueCore Bluetooth solution has been chosen for more than 60% of all Bluetooth product designs and the company currently holds a 47% market share in all Bluetooth silicon with over 60 million chips shipped.
Further reading
Working group to standardise Bluetooth interface
CSR is helping to develop a standard interface/API for designers to quickly and easily bring Bluetooth products to embedded and automotive markets
The company has also started shipping its BlueCore4 silicon, launched in June 2004, which was the first Bluetooth solution to qualify to the v2.0+EDR specification, recently ratified by the Bluetooth SIG.
CSR also recently launched UniFi, its first IEEE802.11a/b/g single chip designed specifically for mobile devices.
'CSR started 2004 with the most successful technology IPO in three years', commented Nigel Hopes at main sponsor PricewaterhouseCoopers.
'New product development and strong market leadership have ensured continued growth and performance for this company'.
'Despite the IPO window being pretty firmly closed, CSR not only achieved a successful flotation, but also a very successful after-market in the shares, as is evidenced by the current share price of 356p compared with a float price of 200p'.
'2004 has been a great year for CSR', explained John Hodgson, CEO CSR.
'We've experienced an extremely successful IPO, extended our lead over our competitors with the launch of our enhanced datarate (EDR) Bluetooth silicon, BlueCore4, and its subsequent confirmation as the first silicon to qualify to the newly-launched v2.0+EDR specification'.
'With the launch of our UniFi 802.11a/b/g single chip, and the continuing strength of the Bluetooth market, we expect 2005 to be an equally exciting year'.
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