TriQuint Semiconductor has been named the fastest-growing company out of the top three among GaAs device manufacturers in a report by Strategy Analytics. According to the report, TriQuint's revenues grew 37 percent year-to-year for the year ending 2006. The research company estimates that revenues for the total GaAs device market (merchant and captive markets) grew 10 percent year-to-year for that same time period, to $3.1 billion. The report notes that the GaAs market is now split between companies that target high volume markets and those that have chosen to focus on high-value applications. TriQuint reported earnings growth of 433 percent in 2006 over 2005, supply production volumes to four of the top five cellular handset manufacturers.
Strategy Analytics (www.strategyanalytics.com) TriQuint Semiconductor (www.triquint.com)