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Product category: Communications ICs (Wireless)
News Release from: Cambridge Silicon Radio
Edited by the Electronicstalk Editorial Team on 03 May 2007

Revenues illustrate continued Bluetooth
domination

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CSR has recorded unaudited first quarter revenues of US $160.1 million - 19% higher than the same quarter in 2006.

CSR has announced unaudited results for the quarter ended 30th March 2007 Revenues were up to US $160.1 million (19% higher than same quarter in 2006); and gross margins were 45.1% (compared with 46.4% for Q1 2006)

The company made a marked increase to its R and D investment of $33.2 million (up from $22.4 million in Q1 2006).

The company's design win momentum remained strong across all applications, with notable wins in Nokia N95, 6300 and Samsung's SGH-U600 handsets.

In the mobile phone sector, aside from GSM wins with top tier handset OEMs including Nokia and Samsung, CSR was also selected for four CDMA designs based on Qualcomm's 6000 chipset.

Design in activity has also started for CSR's BlueCore-5 FM, the silicon will ship in volume in H2 2007.

CSR continues to dominate all segments of the Bluetooth headset market, and BlueVox QFN (low cost headset solution offering eBOM of less than $6) is now in volume production, with headsets using the technology expected to appear on the shelves in Q2 2007.

In terms of technology developments, CSR's BlueCore5-Multimedia, now shipping in volume, still offers the lowest power consumption in the industry, and via a series of partnerships now supports improved noise suppression, echo cancellation, text to speech and many other functions which have been ported to the unique on-chip 24bit DSP architecture inside BlueCore5-Multimedia.

Design activity has been strong for UniVox Mobile, CSR's low power Voice over IP solution for mobile handsets using CSR's single-chip UniFi solution for Wi-Fi.

In the automotive segment, a segment that has seen strong demand following tougher penalties imposed on people who drive while using a mobile phone, CSR continues to win the majority of all designs.

In the MP3 market, CSR is now working with the majority of MP3 reference design providers, including PortalPlayer, to stimulate the introduction of Bluetooth into their designs.

Going forward, CSR expects Bluetooth attach rates in mobile phones to increase to between 40 and 50% within 2007 (35% in 2006).

This development together with an expectation of a growth in Bluetooth across applications other than mobile phones means CSR is expecting revenues of $195 million to $220 million for Q2 2007 and expects to be on track to meet its expectations for the full year.

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