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RF Micro Devices (RFMD) joins a growing list (I, II, III) of communications chipmakers to issue...

RF Micro Devices (RFMD) joins a growing list (I, II, III) of communications chipmakers to issue a calendar Q4 warning. The company now expects revenue of $225M, below a consensus of $250.2M, and expects its gross margin to decline 900 bps Q/Q. RF Micro blames weak sales of chips for 2G devices to Chinese customers, as well as broad weakness in non-mobile chip sales. Shares -12.4% AH.
Comments (2)
  • gdwigan
    , contributor
    Comments (43) | Send Message
     
    Does this general theme of weak 2G chip sales give us the ability to extrapolate massive pent up "Smart(er) phone" demand in China? After all, the 4S is being rolled out next week. Too big a reach?
    5 Jan 2012, 04:55 PM Reply Like
  • DAG1996
    , contributor
    Comments (3024) | Send Message
     
    Similar question ... aren't RFMD & TQNT suppliers for Apple and other 3G/4G SmartPhone makers? If so, wouldn't that mean we can expect their business to ramp up as sales of the newer phones do?
    5 Jan 2012, 07:52 PM Reply Like
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