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RFICs supplier reports growth
Feb 23, 2006 2:34 PM 

SiGe Semiconductor has reported that revenues for 2005 were US $31.8 million, an increase of 63% over 2004 revenues of $19.5 million. This growth was fueled by rising demand for its radio front-end ICs for applications that include WLAN, WiMAX, Bluetooth and Global Positioning by Satellite (GPS) applications.

The company also announced the appointment of William H. Burke as chief financial officer and treasurer. Burke will be based in SiGe's Boston office and brings to SiGe Semiconductor more than 20 years of experience in all aspects of corporate finance, accounting and treasury functions for multi-national private and public companies. Burke has held executive level positions responsible for debt and equity financing, mergers and acquisitions, and initial public offerings.

"2005 was an exceptional year for SiGe Semiconductor. We solidified our leadership across target markets, increased customer traction, and experienced significant growth in sales," said Jim Derbyshire, president and CEO, SiGe Semiconductor. "To effectively manage this growth and move the company toward its next stage in development, I am pleased to add William Burke to the executive team."

"Burke will ensure that SiGe achieves its financial objectives and delivers optimal return to our shareholders over the long term," said Derbyshire. "His experience will be instrumental as we continue to expand our product line with complete radio and transceiver ICs that both open the door to new partnerships and enhance our profitability through higher margins."

This year the company plans to deliver power amplifiers for new enhanced data rate (EDR) Bluetooth and 802.11n applications. The company is also working with manufacturers to integrate its RFICs into WiMAX broadband access equipment and GPS-enabled cellular handsets. According to the manufacturer, WiMAX in particular will drive revenue, since the technology is largely in place and will deliver significant benefits with low installation cost, wireless "Metro Ethernet" point-to-multipoint links especially as a "backhaul" to 2G/3G sites or WiFi hotspots.


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