Buoyed by Apple's iPhone launch and demand for IoT and GaN components, Qorvo's revenue grew modestly in the third quarter of fiscal 2018 to $846 million, up 3 percent sequentially and 2 percent year-over-year. The infrastructure and defense business achieved record revenue of $203 million. While the mobile products unit benefitted from the latest iPhone models, revenue was down 2 percent year-over-year.
Reflecting the launch of the iPhone X, 8 and 8 Plus, Apple reported record financial performance for the company's December quarter. Revenue was $88.3 billion, 13 percent above the prior year's quarter and a 68 percent jump from the prior quarter. On a per week basis, iPhone shipments were 6 percent above last year's quarter.
Communications Infrastructure segment revenue down slightly Q/Q
January 30, 2018
IDT reported revenue of $217 million for the fiscal third quarter of 2018, a sequential growth of 6.2 percent and 23 percent above the prior year's quarter. Revenue in the communications infrastructure market was down slightly from the prior quarter, reflecting softness in Asia.
Shipments of fronthaul optical transceiver (OTRX) modules declined in 2016, mirroring the trend in remote radio unit (RRU) shipments, and will bottom in 2019, awaiting the growth of 4.5G, 4.9G and 5G to pull the industry into its next growth cycle, according to market analyst Earl Lum.
Wolfspeed grew revenue 30 percent year-over-year during the second quarter of fiscal 2018, to $70.6 million, which reflected strong demand for SiC devices for electric vehicles. The better-than-expected revenue was limited by production capacity, as the capital investment to double Wolfspeed’s capacity won’t be fully online until the end of calendar 2018.
Mitsubishi Electric US Inc. will present a hands-on mini lab showcasing its high-efficiency, wideband GaN Doherty amplifier at Radio Wireless Week 2018 (RWW2018), held January 15–16 in Garden Grove, California.
Qualcomm Technologies Inc., a subsidiary of Qualcomm Inc., announces radio frequency front-end (RFFE) design wins with a host of leading original equipment manufacturers (OEM), including Google, HTC, LG, Samsung and Sony Mobile.