CSR hits targets but lags in smartphone market

first_img Tags: NULL CHIPMAKER CSR posted fourth-quarter results at the top end of its guidance yesterday and said it would grow revenue in 2011. It was bolstered by new products targeting phone makers and auto companies. The maker of GPS, bluetooth and wi-fi chips posted fourth-quarter revenue of $184.8m (£131m) , ahead of consensus forecasts, but down from $198m a year ago. Chief executive Joep van Beurden said CSR was seeing good growth in automotive, where it supplies carmakers including Audi, Ford and Toyota, and consumer electronics.But its handset business had suffered as a key model from Nokia was slow to ramp up to full production, he said, and the group was weak in the fast-growing smartphone segment. CSR said first-quarter revenue would be between $155m and $170m, reflecting normal seasonality in a weaker period for consumer demand. CSR hits targets but lags in smartphone market whatsapp Share KCS-content Wednesday 9 February 2011 7:47 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman files for divorce after seeing this photoMisterStoryWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapplast_img

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