Wolfson Microelectronics has been making losses for a while.
In 2012 the company made loss after tax of $6.1 million on revenues of $179.7 million. In 2011 the company made a loss after tax of $17.9 million on revenues of $156.9 million. So things are getting better.
The company made profits after tax of about $1 million or about 2 percent of revenues of about $50 million in the last two quarters of 2012.
There is therefore hope of an improved profit in 1Q13 to be announced shortly.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.