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TriQuint revenue rises on higher demand
February 6, 2013 / 9:11 PM / 5 years ago

TriQuint revenue rises on higher demand

Feb 6 (Reuters) - TriQuint Semiconductor Inc’s quarterly revenue rose 3 percent on higher demand for its chips that connect cellphones to data and voice networks.

The company posted a net loss of $3.8 million, or 2 cents per share, in the fourth quarter, compared with a profit of $4.3 million, or 3 cents per share, a year earlier.

Excluding items, earnings were 4 cents per share.

Revenue rose to $233.6 million.

Foxconn Technology Group, Apple Inc’s largest contract manufacturer, accounted for 35 percent of TriQuint’s revenue in 2011.

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