Atheros Ships 100 Million Wireless LAN Chipsets
26 February 2007
Atheros Communications, Inc. (Nasdaq: ATHR), a leading developer of advanced wireless solutions, announced that it has shipped more than 100 million wireless LAN (WLAN) chipsets to date. In 2006, Atheros enjoyed an extraordinary year with 64 percent revenue growth to $301.7 million, punctuated in the fourth quarter with the company's seventh quarter of consecutive growth. The eight-year old company shipped more than 40 percent of the 100 million cumulative WLAN chipsets during the last year.
Atheros' recent WLAN chipset milestone is due in part to the company's commitment to delivering industry-leading single-chip 802.11g and 802.11a/g solutions, and the unmatched performance of its XSPAN(TM) draft 802.11n family of solutions. During 2006, Atheros also began shipping its 802.11g and 802.11a/g ROCm(TM) (Radio-on-Chip for Mobile) embedded solutions, targeted to dual-mode cellular handsets, low-cost VoIP phones, mobile gaming devices, cameras, camcorders, music players and PDAs with market-leading WLAN capability.
While greater than 50 percent of the company's fourth quarter WLAN revenue was derived from its 802.11g solutions, over 20 percent came from its new generation XSPAN 802.11n products. The company's customers are shipping a wide variety of Atheros-based draft 802.11n products with more than 50 SKUs in the market today. With the recent stabilization of the 2.0 draft and the advent of end-product certification by the Wi-Fi Alliance to begin mid-year, Atheros anticipates the adoption of 802.11n products will continue to grow.
Another factor contributing to the company's core business in 2006 was the increased adoption of WLAN technologies in the carrier and gateway market. Atheros' single-chip 802.11g solutions are currently featured in designs from five of the top broadband gateway providers worldwide. As 802.11n is accepted in the carrier market, these solutions will provide unmatched ability to deliver triple play and IPTV services throughout the home.
"The 100-million chipset milestone signifies our employees' continued commitment to making Atheros the leading provider of the industry's highest performance wireless communications products," said Craig Barratt, president and chief executive officer of Atheros. "While Atheros' success to date has come from its wireless LAN expertise, the company is extending its technical leadership into the Bluetooth and Ethernet markets to meet the growing needs of our world-class customer base."
About Atheros Communications, Inc.
Atheros Communications is a leading developer of semiconductor system solutions for wireless communications products. Atheros combines its wireless systems expertise with high-performance radio frequency (RF), mixed signal and digital semiconductor design skills to provide highly integrated chipsets that are manufacturable on low-cost, standard complementary metal-oxide semiconductor (CMOS) processes. Atheros technology is being used by a broad base of leading customers, including personal computer, networking equipment and handset manufacturers. For more information, visit http://www.atheros.com or send email to info@atheros.com
NOTE: Atheros, the Atheros logo, XSPAN and ROCm are trademarks of Atheros Communications, Inc. All other trademarks mentioned in this document are the sole property of their respective owners.
NOTE ON FORWARD-LOOKING STATEMENTS:
Except for the historical information contained herein, the matters set forth in this press release, including statements regarding the features, performance, competitiveness and benefits of Atheros' XSPAN draft 802.11n products, the anticipated growth of the 802.11n market, and the company's anticipated leadership position in the Bluetooth and Ethernet markets, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, difficulties in development and manufacture of new products and upgraded products; unforeseen problems in the performance of new and enhanced products upon broad deployment; whether the draft 802.11n standard is adopted in substantially its draft form by the IEEE and whether the market for products based on this standard grows; general economic conditions, the effects of competition and technological change, and other risks detailed in Atheros' Annual Report on Form 10-K for the year ended December 31, 2005, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2006 as filed with the Securities and Exchange Commission, and in other reports filed with the SEC by Atheros from time to time. These forward-looking statements speak only as of the date hereof. Atheros disclaims any obligation to update these forward-looking statements.
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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