Chipmaker Avago's revenue jumps 25 pct

Thu May 29, 2014 4:21pm EDT

May 29 (Reuters) - Analog chipmaker Avago Technologies Ltd reported a 25 percent rise in quarterly revenue, helped by higher demand for its radio frequency chips used in smartphones.

The company's net income increased to $158 million, or 61 cents per share, in the second quarter from $113 million, or 45 cents per share, a year earlier.

Revenue rose to $701 million from $562 million.

(Reporting By Lehar Maan in Bangalore; Editing by Sriraj Kalluvila)

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