Date: 13/12/2008

TriQuint reports 500%(quarterly) increase in sales from its RF ICs used in smart phones

For the first nine months of this year, TriQuint's revenue from mobile phone chips was $220.7 million, up from $187.5 million in the same period last year.

TriQuint's sales of chips for advanced smart phones such as Apple's iPhone is growing even more strongly. The company increased its sales of these chips almost 500 percent during the third quarter, compared to last year's third quarter.

The company expects continuing strong sales of products for advanced phones, as consumers like phones that can display video, play music and browse the Web. Emerging markets such as India and China also represent opportunities for TriQuint.

TriQuint opened the new North Carolina design center two years ago with one person. It now has 23 employees, with room to grow to 50 over the next couple of years.