news digest ♦ Telecoms Telecoms
Skyworks secures Hi-Rel designs for aerospace and defence
The firm’s solutions include GaAs based devices which enable custom platforms for microwave communications, handheld radios and navigation applications
Skyworks Solutions says it has captured high-reliability (hi-rel) and commercial-off-the-shelf (COTS) sockets with several aerospace and defence suppliers such as Cobham, EADS, Herley and Teledyne.
Skyworks’ solutions are being leveraged for microwave switching, attenuation, receiver protection and mixer and detector applications in commercial and military radios, avionics systems, software defined radios and navigation platforms that support major tier-one aerospace and defence companies such as Boeing, L-3 Communications, Northrup Grumman and Raytheon.
“Skyworks is gaining content across a number of hi-rel applications with our diverse product portfolio,” says David Stasey, vice president and general manager of analogue solutions at Skyworks. “Our solutions are ideal for the rapidly growing aerospace and defence industry where customers are seeking effective, efficient and reliable military communication systems that deliver robust, wide-ranging and real-time data and services.”
According to a December Global Information report entitled “2013 Semiconductors in Military and Aerospace Electronics” the market will grow to over $3.0 billion worldwide in four years.
In addition, the fastest adoption rate for solutions in the military/aerospace market will come from COTS platforms, which is forecast to grow at a compounded annual growth rate of 6 percent over the next five years. This long-term market trend is based on the industry’s greater focus on reliability, shorter business cycles and the ability to operate within budget constraints.
Skyworks’ analog solutions include GaAs digital attenuators, PIN diode voltage variable attenuators and silicon fixed attenuator pads for infrastructure, test and measurement and other high performance microwave applications up to 40 GHz.
Its low noise amplifiers meet the needs of cellular infrastructure, WLAN, WiMAX, ISM, and all applications requiring LNAs from DC to 6 GHz.
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www.compoundsemiconductor.net January / February 2014
Through Isolink, Skyworks manufactures high- performance miniature hybrids and hermetically sealed devices. Isolink pioneered the miniaturisation of some of the most advanced optoelectronic components with high isolation voltages, high common mode rejection and radiation tolerance for high demand environments.
Skyworks’ diode product offering includes PIN, Schottky, varactor and limiter diodes for a wide variety of microwave applications including WLAN, infrastructure, handset, SatCom (LNB/DBS-CATV), automotive, military, test and measurement, metering, medical and RFID.
IQE provides trading update
Revenues for 2013 is expected to be at least £126 million, an increase of over 43 percent compared with 2012
IQE has provided a trading update for the year ended 31st December 2013.
Trading in H2 2013 is expected to show sequential growth, despite weak guidance for Q4 2013 and Q1 2014 from a number of IQE’s wireless customers, and a significantly strengthening sterling/dollar exchange rate.
As a result, revenue for full year 2013 is expected to be at least £126 million (2012: £88 million), representing a new record and an increase of over 43 percent compared with the prior year.
Strong sales growth and improved operational efficiencies are expected to deliver a record EBITDA of at least £24.5 million (2012: £16.4 million).
Adjusted fully diluted EPS is therefore expected to be approximately 2p (2012: 1.51p), an increase of over 32 percent compared with 2012.
The Group’s conversion of operating profit into cash is expected to reduce net debt to below £35 million at year end (June 2013: £37.7 million), even after the payment of approximately £14 million during 2013 in deferred consideration relating to prior acquisitions. The amount of deferred consideration payable in 2014 is expected to reduce from this level.
Towards the end of 2013, in addition to successfully renewing its existing contractual relationships with key wireless customers, IQE also extended its contractual share of future business. The group continues to diversify its business across non-wireless applications.
The board remains confident that the group can continue to deliver increased free cash flow over the coming year
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