news digest ♦ RF Electronics
as well as other products and services we are currently developing.”
Lile added, “Dave Sanderlin’s addition to the Board reinforces our commitment to innovative product design and development. In addition, Accel-RF brings precision manufacturing capabilities to the table that are critical for the flawless operation of our systems and emerging network, especially as it becomes more far-reaching.”
Sanderlin stated that “Audioair is one of the more interesting projects I have worked on in my career, and it appears that it has great market appeal.” He added, “I am also delighted to be appointed to the AMG Board of Directors, as this company is poised to develop a number of innovative products and services. Being on the Board makes the alliances we have formed highly effective.”
One of the key objectives of the strategic partnerships will be the filing of additional patents arising from the original development work undertaken for Audioair. Under contract to AMG, Rock Systems developed a new digital audio codec that was required to correct certain deficiencies in the Google Android audio decode processing capabilities which hampered the operation of Audioair because of poor audio quality.
Chip Lile added, “With all of the myriad challenges our start-up company faces, it is tremendously important to have these strategic technical partnerships in place so that we can achieve maximum value for our emerging technologies.”
Airborne Media Group is a Durango, Colorado based privately held corporation founded in 2010. Its newly invented Audioair technology is designed to deliver an entirely new entertainment and news and information distribution experience by permitting the users of Smartphones to privately listen in to televisions in all types of venues where they must be muted for noise considerations. The company is currently developing other new products and services and it is expanding a team of strategic partners to further develop its technology and achieve its ambitious sales and marketing goals.
Rock Systems, LLC is a Colorado business entity which provides high-technology electronic system solutions to a variety of engineering needs. Their technical knowledge covers a broad range of
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www.compoundsemiconductor.net November/December 2011
electronics, from complex system development to component-level performance at DC to millimetre- wave frequencies.
Accel-RF Corporation is a provider of fully integrated RF accelerated life-test/burn-in test systems for compound semiconductor devices, which are used in the implementation of broadband wireless infrastructures and networks.
Skyworks Q4 revenues soar at $402.3 million, beating target
The firm improved operating margin by 110 basis points year-over-year to 19.3 percent on a GAAP basis.
Skyworks Solutions, an innovator of high reliability analogue and mixed signal semiconductors enabling a broad range of end markets, has reported fourth fiscal quarter and year end 2011 results.
Revenue for the quarter was $402.3 million versus guidance of $400 million, and was up 28 percent year-over-year and 13 percent sequentially. For fiscal year 2011, revenue was $1.419 billion versus $1.072 billion in fiscal 2010, a 32 percent increase.
On a GAAP basis, operating income for the fourth fiscal quarter of 2011 was $77.7 million and diluted earnings per share was $0.34. Operating income for fiscal 2011 was $295.3 million and diluted earnings per share was $1.19. The company generated $123 million in cash flow from operations and exited the quarter with $411 million in cash.
“Skyworks’ solid performance demonstrates the strength of our diversified business model, continued share gains and operational leverage,” said David J. Aldrich, president and chief executive officer of Skyworks.
“At a higher level, despite the current economic environment, we believe that long-term industry fundamentals remain strong as analogue content and complexity continue to increase. Given our differentiated product portfolio, technology leadership, broad customer engagements and
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