ANADIGICS (
NASDAQ: ANAD) makes power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components. The company designs, develops, and manufactures radio frequency integrated circuits primarily using gallium arsenide compound semiconductor substrates with various process technologies, metal semiconductor field effect transistors, pseudomorphic high electron mobility transistors, and heterojunction bipolar transistors. In the broadband market, it focuses on applications for wireless local area networking systems, cable set-top boxes, cable television infrastructure systems, worldwide interoperability for microwave access systems, and fiber-to-the-premises communications systems.
[edit] 2006 Key Financials
- Total Revenues of $169 million were up roughly 57% from 2005
- Gross Margin was approximately 30%, up from roughly 20% in 2005
[edit] Business Highlights
- The company is the leading processor of Gallium Arsenide in the world.
- ANAD benefits from 'triple' plays in the home, i.e. voice, internet and cable. They are the leader in all its areas and have a history of avoiding commodity products.
- The company has longstanding relationships with Motorola (MOT) and Cisco Systems (CSCO) Scientific Atlanta division which makes set top boxes, specifically via splitters and tuners. Splitters allow different TVs to be on different channels in one home. The iPhone from Apple (AAPL) uses several signal amplifiers.
[edit] References