TriQuint and Anadigics Navigate Near Term Headwinds in Hopes of Long-term Growth
The Bedford Report Provides Equity Research on TriQuint & Anadigics
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/02/11 -- As the shift from 2G networks to 3G and 4G accelerates, integrated circuit makers find themselves at a transition point. While many companies in the industry are finding new growth opportunities, they have had to sacrifice traditional revenue drivers. The Bedford Report examines the outlook for companies in the Semiconductor - Integrated Circuits Industry and provides investment research on TriQuint Semiconductor, Inc. (NASDAQ: TQNT) and Anadigics, Inc. (NASDAQ: ANAD). Access to the full company reports can be found at:
A recent report from Strategy Analytics argues that while larger commercial and military microelectronic suppliers may see only modest gains in 2011, companies such as TriQuint & Anadigics will continue to find new opportunities for front-end modules in an increasing portfolio of 4G devices.
Earlier this year Anadigics said that it was shipping production volumes of its AWC6323 dual-band High-Efficiency-at-Lower-Power power amplifiers to Samsung Electronics for the Droid Charge smartphone. "Anadigics has forged a strong relationship with Samsung Electronics by providing power amplifiers with industry-leading efficiency, linearity, and integration," said Michael Canonico, senior vice president of worldwide sales at Anadigics.
The Bedford Report releases equity research on the Semiconductor - Integrated Circuits Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Last week TriQuint said that it earned $16.6 million, or 10 cents per share, in the three months ending July 2. That represented a 26 percent decrease from net income of $22.5 million, or 14 cents per share, at the same time last year. TriQuint CEO Ralph Quinsy explains that the company's decision to focus on chips for 3G and 4G networks led to a 60% decline in revenue from its chips for traditional "GSM" wireless networks in Q2.
While the company may be facing near-term revenue headwinds, Quinsy says he expects "a return to solid sequential growth in Q4."
The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: .
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Datum: 02.08.2011 - 10:06 Uhr
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