WOLFSON Microelectronics has returned to profit and beaten third-quarter sales targets due to the popularity of smartphones and tablets.
The Edinburgh-based audio chip maker saw revenues of $53 million (£32m) – up 31% on the $40m at this stage last year and a rise of 32% on the second quarter. Chief executive Mike Hickey said: "Revenues came in at the top end of expectations and we still have good momentum. The new products seem to be coming through much as expected."
Page 26
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
