Anaren, Inc.—Has received a contract valued in excess of $11.0 million dollars from Northrop Grumman Corp., located in Baltimore, MD, for Integrated Ferrite Assemblies used in the S-Band radar, which is part of the Mission Equipment for the Cobra Judy Replacement Program. The Cobra Judy Replacement Program is for long-loiter foreign ballistic missile data collection in support of the international treaty verification. Northrop Grumman is a subcontractor to Raytheon Integrated Defense Systems, the prime contractor for the Cobra Judy Replacement Mission Equipment Program. The contract calls for the first full-rate production and deliveries starting in November of 2007, expanding over a 15-month period.
QUALCOMM, Inc. and Exoteq Aps—Announced that the companies have signed a new, commercial OFDM/OFDMA license agreement. Under the terms of the worldwide, royalty-bearing agreement, QUALCOMM has granted Exoteq a patent license to develop, manufacture, and sell subscriber-unit and modem-card products for high-speed mobile broadband-access based on OFDM/OFDMA technologies, including QUALCOMM's FLASH-OFDM® technology. The royalties payable by Exoteq are at QUALCOMM's standard OFDM/OFDMA rates.
GigaBeam Corp.—Has officially relocated its headquarters to a new facility.
GigaBeam's new address and contact information is: GigaBeam Corp., Inc., 4021 Stirrup Creek Dr., Durham, NC 27703.
ANADIGICS, Inc.—Reported record quarterly second-quarter 2007 net sales of $53.9 million, an increase of 8.7 percent compared with net sales of $49.6 million in the prior quarter, and an increase of 37 percent compared to net sales of $39.3 million in the year-ago quarter.
Net income was $1.9 million, or $0.03 per share, compared with net loss of $1.2 million, or $0.02 per share in the prior quarter and net loss of $2.8 million, or $0.06 per share in the year-ago quarter. Pro forma income for the second quarter 2007, which excludes non-cash stock-compensation expense, increased $2.0 million sequentially to $5.7 million or $0.10 per diluted share.
In addition, on July 9th, ANADIGICS ceremonially broke ground for construction of a new 6-in. galliumarsenide (GaAs) integrated-circuit (IC) wafer-fabrication facility(fab) in the Kunshan New and Hi-Tech Industrial Development Zone (KSND) as part of a city-wide celebration in the city of Kunshan in the Jiangsu Province in China.
Driven by wireless and wire-line broadband markets, in order to support ANADIGICS' anticipated growth beyond its primary wafer fabrication located in Warren, NJ, the company and KSND plan to complete construction of the new facility in the first half of 2008, and to bring the fab operational in the latter part of the year.
RFMW Ltd.—Has moved to a new office. The new address of the company is 90 Great Oaks Blvd., Suite 107, San Jose, CA 95119. The phone and fax numbers as well as the e-mail addresses will remain the same.
Nujira—Announced plans for the expansion of its activities in Japan and China.
Nujira is establishing a dedicated facility in Japan to enhance the sales and technical support it can offer to its Japanese customers. At the same time, the company is expanding its sales network in China with the aim of replicating its success in Japan.
Ansoft Corp.—Announced a strategic partnership with ZTE Corp., China's largest listed telecommunications-equipment provider of customized network solutions for telecom carriers worldwide.
Using Ansoft signal- and power-integrity analysis software, ZTE engineers are now able to predict radiated emissions and induced interference from printedcircuit boards (PCBs) and to examine multiple PCBs within a cabinet to determine trends for system-level emission. The new design methodology has allowed ZTE to eliminate expensive build-test-repeat iterations in their design cycle.
G.T. Microwave, Inc.—Announced the appointment of a domestic representative, Reese Associates, Inc., to cover Arkansas, Louisiana, Oklahoma, and Texas.
RF Micro Devices, Inc.—Announced a major expansion at its Beijing, China. The expansion includes increased assembly capacity and the addition of new advanced capabilities. The expansion is expected to support RFMD's POLARIS™ 3 RF solution, which is currently scheduled to ramp production in the current quarter.
IRC Advanced Film Division—Has released a high-frequency products catalog. IRC's family of line terminators and attenuators include both chip and flanged high-power RF and microwave devices.
To view the catalog, download the PDF from the IRC website at www.irctt.com/pdf/RFRF_2007.pdf
API Delevan—Appointed USI Electronics of Fort Lauderdale, FL as a franchised distributor for the company's full line of military products.
Plexus Corp.—Revenue for the fiscal third quarter ended June 30, 2007 was $380 million with diluted GAAP EPS of $0.33, including $0.02 per share of stock-option expense.
Plexus established fiscal fourth-quarter revenue guidance of $425 to $440 million with EPS, excluding any restructuring charges, in the range of $0.45 to $0.50, including approximately $0.03 per share of stock-option expense. QUALCOMM, Inc.—Announced record results for the third quarter of fiscal 2007 ended July 1, 2007.
Revenues were $2.33 billion, up 19 percent year-overyear and 5 percent sequentially.
Net income was $798 million, up 24 percent year-overyear and 10 percent sequentially.
Diluted earnings per share were $0.47, up 24 percent yearover-year and 9 percent sequentially.