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Riding the continuing strength of wireless adoption, Skyworks reported third fiscal quarter revenue of $900.8 million, 20 percent above the prior year’s quarter and 6 percent above the prior quarter. Diluted earnings per share (EPS) was $1.32 (GAAP), 36 percent above the prior year’s quarter, and $1.57 (non-GAAP), a 27 percent increase.
Keysight Technologies announced that Satish Dhanasekaran will succeed Mike Gasparian as president of the Communications Solutions Group. Gasparian is retiring. Marie Hattar will assume the new role of Chief Marketing Officer (CMO), the role she held at Ixia, which was recently acquired by Keysight.
Mercury Systems, Inc. announced it received a $10.5 million follow-on order from a leading defense prime contractor for high performance microwave transceivers for precision guided munitions.
Leonardo DRS announced that it has received a contract award from the U.S. Army for up to $16 million, under an urgent operational need, to develop a counter-unmanned aerial system (C-UAS) capability to protect soldiers from enemy drones.
Lansdale Semiconductor, Inc. president, R. Dale Lillard, announced the continued availability of the ML145170 PLL Frequency Synthesizer circuit with Serial Interface.
ABI Research predicts that over US$2.9 billion, 1.5 percent out of total mining CAPEX, will be spent by the mining sector on private network in 2022, led by demand for wireless broadband technology, such as private LTE and Wi-Fi mesh.
Skyworks has introduced a new product category of high power Bluetooth® power amplifiers for mobile applications, targeting Wi-Fi enabled smartphones, tablets and other portable devices.
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