Sequentially, this represents a reduction of $3.3 million for the first quarter, or a decline of 11.7%. As expected, infrastructure declined marginally after supplying pent-up demand in Q1. The lower revenue in wireless was principally due to an anticipated reduction of $2 million with Research In Motion, and then also by smaller declines in China OEMs who saw their own market shares drop as Apple and Samsung increasingly dominate smartphone sales.For the quarter, we again had three greater than 10% customers, namely Samsung, ZTE, and Huawei, and another five customers in the 5% to less than 10% range. These customers include Cisco, LG, two of our distributors, Richardson and World Peace Group, and also Sierra Wireless, who replaced RIM within this category in the quarter.
ANADIGICS' CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.