Key Developments For Advanced Analogic Technologies, Incorporated
Advanced Analogic Technologies, Incorporated (AATI.O) (Nasdaq)
Advanced Analogic Technologies Incorp. Launches Family Of Direct And Edge LED Backlighting Drivers
Advanced Analogic Technologies Incorp. announced its official move into the LED backlit LCD television market with the first chip set families in a series of power management semiconductor systems designed to significantly enhance energy efficiency and user-experience for LED backlit LCD televisions. AnalogicTech announced seven new products; LED Driver Chipset with Integrated Boost converter for Direct/Matrix Backlighting; AAT2400 (8ch Master) & AAT2401 Unlatched (8ch Slave) Chipset ; AAT2402M (8ch Master) & AAT2402S Latched (8ch Slave) Chipset ; Dedicated LED Driver for Direct/Matrix Backlighting ;AAT2403 (16ch) Latched LED Driver ; Dedicated LED Driver for Edge Backlighting ;AAT2405 PWM with phase shift (6ch) LED Driver ; AHK2417E Latched (8ch) LED Driver ;AHK2418E Latched (16ch) LED Driver ; DC/DC Boost Controller ;AAT2404 High Voltage Boost Controller.
Advanced Analogic Technologies Incorp. Issues Q4 2009 Guidance; Revenue Guidance Below Analysts' Estimates
Advanced Analogic Technologies Incorp. announced that for the fourth quarter 2009, it expects revenue in the range of $19 million to $23 million, and net loss in the range of $0.11 to $0.07 per diluted share on a GAAP basis. The fourth quarter 2009 estimates include pre-tax quarterly share-based compensation expense in the range of $1.9 to $2.1 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $24 million and GAAP EPS of $(0.07) for fourth quarter 2009.
ITC Judge Issues Consent Order Prohibiting Advanced Analogic Technologies Incorp. From Importing 69 Voltage Regulator Into US In Proceeding Directed to Linear Technology Corporation Burst Mode Patent
Linear Technology Corporation announced that the judge issued a consent order against Advanced Analogic Technologies Incorp. (AATI) in Linear`s enforcement proceeding at the U.S. International Trade Commission (ITC). The ITC previously found that AATI violated Section 337 of the Tariff Act by importing voltage regulator chips that infringe claims 2, 3, and 34 of Linear`s U.S. Patent No. 6,580, 258 (258 patent). ITC determined that AATI`s infringing products. The Commission then issued an exclusion order barring importation of the named semiconductor products and any other AATI chips that infringe Linear`s patent claims. Thereafter, Linear and AATI cross-appealed the ITC`s decision and the Court of Appeals for the Federal Circuit. The Federal Circuit affirmed the ITC`s decision that the AATI 1143 family of products infringe the Linear patent and that claims 2, 3, and 34 are valid and enforceable. Further, the Federal Circuit determined that the AATI 1146 family also infringe the Linear patent and are subject to the exclusion order. The Federal Circuit also vacated the Commission`s non-infringement finding regarding the three remaining products at issue-the AAT1151, AAT1156, and AAT1265. The ITC also instituted, at Linear`s request, an enforcement proceeding to determine whether AATI has violated the exclusion order. The order forbids AATI from importing, selling for importation, or selling after importation into the United States any of the infringed products.
Advanced Analogic Technologies Incorp. Launches Lowest Power Load Switch For Biometric Security Devices
Advanced Analogic Technologies Incorp. announced that it has introduced the AAT4702, a integrated load switch that requires half the board footprint of discrete alternatives. In addition to its small size, the AAT4702 consumes a 15 micro-A quiescent current, far less than any other integrated load switch/low-dropout (LDO) regulator on the market.
Advanced Analogic Technologies Incorp. Issues Q3 2009 Guidance Above Analysts' Estimates
Advanced Analogic Technologies Incorp. announced that for third quarter of 2009, it expects revenue to be in the range of $24-$26 million and net loss to be in the range of $0.07-$0.05 per diluted share on a GAAP basis. The third quarter 2009 estimates include pre-tax quarterly share-based compensation expense in the range of $1.7 to $1.9 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $22 million for the same period.
