LONDON – Dialog Semiconductor plc (Kirchheim-unter-Teck, Germany), a provider of power management, wireless and audio ICs, has announced it has increased it guidance for fourth-quarter sales by 14 percent after a stronger-than-anticipated end of year.
Dialog said it saw a late surge in demand for ICs to go into smartphone and tablet computers. In what is traditionally the strongest revenue quarter, the company now expects to report 4Q12 revenue of $268 million, up 56 percent on the same quarter a year before and a 14 percent increase from the upper end of the $215 million to $235 million outlook range given on 31 October 2012.
Dialog said it now expects its full year revenue to be $774 million, representing 47 percent growth over 2011. Dialog expects an increase in cash and cash equivalents of $34 million in Q4 2012 to provide a cash and cash equivalent balance at the end of 2012 of $313 million.
Join our online Radio Show on Friday 11th July starting at 2:00pm Eastern, when EETimes editor of all things fun and interesting, Max Maxfield, and embedded systems expert, Jack Ganssle, will debate as to just what is, and is not, and embedded system.