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Conexant raises sales estimate for quarter due to stronger wireless growth
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Silicon Strategies


NEWPORT BEACH, Calif.--Conexant Systems Inc. today upped its revenue estimates for the current fiscal quarter to a sequential increase of 5-to-7% from $201.0 million in the company's prior three-month period.

The Newport Beach-based chip supplier said the outlook has improved from the modest growth it anticipated at the start of the current quarter as a result of stronger sales in its Wireless Communications Division. Conexant said it now expects wireless product revenues to increase by 25% in the quarter, ending Dec. 28, following a 24% sequential increase in growth during the last three-month period, which ended Sept. 30.

"Through the first two months of the quarter, our wireless revenues have exceeded our expectations and should increase approximately 25%," said Dwight W. Decker, chairman and chief executive officer of Conexant. "This is the result of strong demand across our wireless product portfolio, including power amplifiers, complete GSM cellular system solutions and radio frequency subsystems," added Decker, who today is scheduled to make a presentation before the Credit Suisse First Boston Annual Technology Conference in Scottsdale, Ariz.

Conexant will report its results for the current fiscal quarter on Jan. 16.






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