u-blox first half of 2010 revenue announcement
u-blox announced revenue for the first half year 2010 of CHF 49.3 million. This constitutes a 44.3% increase over the first half year of 2009. Gross profit increased strongly by 42.2% from CHF 18.4 million to CHF 26.2 million. EBIT for the first half year of 2010 was CHF 7.6 million and net profit of CHF 6.0 million were higher by 293% in comparison to the same period in 2009.
Source: u-blox news
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u-blox: About us???
u-blox is a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets. Our solutions enable people, devices, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video.
With a broad portfolio of GPS modules, cards, chips, and software solutions together with wireless modules and solutions, u-blox is uniquely positioned to enable OEMs to develop innovative solutions quickly and cost-effectively. Headquartered in Switzerland and with global presence in Europe, Asia and the Americas, u-blox employs 200 people. Founded in 1997, u-blox is listed on the SIX Swiss Exchange.