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Product category: Power Supply ICs and Controllers
News Release from: Dialog Semiconductor
Edited by the Electronicstalk Editorial Team on 23 July 2004

Focused approach pays off in revenue
growth

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Dialog Semiconductor has reported sales of Eur 30.4 million for the second quarter of 2004, a 32% sequential increase over Eur 23.0 million for Q1 2004, and a 44% growth compared with Q2 of 2003.

Dialog Semiconductor has reported sales of Eur 30.4 million for the second quarter of 2004, a 32% sequential increase over Eur 23.0 million for Q1 2004, and a 44% growth compared with Eur 21.1 million for Q2 of 2003 A 2.9% improvement in gross margin compared with Q2 of 2003 combined with the revenue increase resulted in an operating profit for the company of Eur 33,000 and net income of Eur 125,000

Growth was driven by wireless and automotive markets.

Key achievements during the quarter included the launch of three standard products to satisfy the demand for sophisticated power management, audio and displays in mobile phone handsets, and the ramping up to volume production of these and other integrated circuit devices for manufacturers of the latest handsets - including 3G products - in Asia.

Roland Pudelko, CEO and President said: "Our results for this quarter and the trend this year show that our strategy of offering application specific standard products (ASSPs) is working and is making us a stronger player in the market".

"Increasingly, the world's leading companies are finding Dialog Semiconductor an attractive partner to work with because of our focused approach - we concentrate on developing products based around our core competences, and we utilise manufacturing and assembly partners to ensure products are delivered quickly".

"This is demonstrated by our new liquid crystal display driver ICs, which are already shipping in volume, as announced in conjunction with Chartered Semiconductor Manufacturing recently".

He added: "In addition to ramping up volume production of another power management device, we are also seeing increasing interest from companies in our latest products, with requests for samples, demos and evaluation boards".

"At this mid-way stage in the year, we are confident of reaching our target revenue growth of 30% for the full year".

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