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news digest ♦ RF Electronics


CS product development reflects market diversification


Strategy Analytics says some companies such as RFMD, Skyworks, Anadigics, Hittite, Analog Devices, Panasonic and NXP are expanding their product lines into defence and broadband.


Even while the handset portion of the compound semiconductor market remains the largest revenue producer, Strategy Analytics sees that leading device suppliers are diversifying their portfolios by developing additional products for infrastructure, broadband and military applications.


The recently published Strategy Analytics GaAs and Compound Semiconductor Technologies Service (GaAs) viewpoint, “Compound Semiconductor Industry Review March 2011: Microelectronics,” captures March 2011 product, financial, contract and technology announcements for microelectronic companies such as RFMD, Skyworks Solutions, Hittite Microwave, Anadigics, TriQuint Semiconductor Analogue Devices and NXP.


“The handset market continues to drive compound semiconductor volume, but rapid price erosion poses a challenge for suppliers,” noted Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service.


“The March product announcements show activity aimed at CATV, fibre, military and test and measurement markets, as companies try to capture higher margin opportunities.”


Asif Anwar, Director, Strategy Analytics Strategic Technologies Practice added, “Some companies are expanding product lines into defence and broadband, which uses new processes to diversify market penetration.”


This viewpoint summarises March 2011 financial, product, contract and employment developments from major GaAs and silicon suppliers, which addresses a variety of commercial and military applications that use GaAs, GaN, Silicon SiC, and complementary metal-oxide-semiconductor (CMOS) technologies.


134 www.compoundsemiconductor.net October 2011


II-VI Compound Semi segment earnings escalate by 75%


Revenues for the quarter in the CS division increased 17.8% to $16.9 million from $14.4 million in the third quarter of the last fiscal year.


II-VI Incorporated has reported results for its third fiscal quarter ended March 31, 2011.


Bookings in the Compound Semiconductor Group for the quarter increased 41% to $19.3 million compared to $13.4 million in the third quarter of the last fiscal year.


Revenues for the quarter in the division increased 17.8% to $16.9 million from $14.4 million in the third quarter of the last fiscal year.


Earnings in the CS division increased by a whopping 74.9% over the same quarter last year, from $1.6 million to $2.9 million.


On January 4, 2010, the Company completed its acquisition of Photop Technologies (Photop). Company results include Photop’s results for the three and nine months ended March 31, 2011. On December 6, 2010, the Company completed its acquisition of Max Levy Autograph (MLA). Results for the quarter ended March 31, 2011 include the operating results of MLA since the acquisition date.


Bookings for the quarter increased 30% to a record $142.9 million compared to $110 million in the third quarter of last fiscal year. Included in bookings for the three months ended March 31, 2011 were approximately $36.8 million of bookings attributable to Photop. Bookings are defined as customer orders


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