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|Thursday, February 09, 2012|
Hillsboro-based TriQuint Semiconductor posted a fourth quarter profit of $4.3 million, a major drop from last year's $42.5 million in the same quarter.
Also, the Hillsboro-based company said sales for the fourth quarter, ending Dec. 31, fell 10 percent from a year ago to $227 million.
But TriQuint, which makes wireless chips for Apple's iPhone and other popular mobile devices, said its $896.1 million revenue in 2011 was a record, 2 percent higher than $ 878.7 million in 2010.
"The proliferation of smartphones and emergence of 4G is driving exciting growth in the markets we serve," chief executive Ralph Quinsey said in a statement. "As a leader in integrated RF solutions, we have both the products and capacity to deliver on the opportunities in front of us. We see solid prospects for growth in the second half of the year."
Read more at OregonLive.com.
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BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
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Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
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BY JESSICA RIDGWAY | OB WEB EDITOR
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Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
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BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
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BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
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