Business QuickLogic designed into Galaxy Tab
2013/08/06QuickLogic has made it into the Galaxy Tab. The purveyor of CSSPs, customer specific standard products, has a design win for its ArcticLink IC in the Galaxy Tab 3 7.0.
The ArcticLink Chip provides a display interface bridge which extends battery life through a combination of backlight modulation and visual restoration.
The integrated Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies enhance the display.
QuickLogic had Q2 revenue of $5.1 million, representing an increase of 70% sequentially and 26% from the second quarter of 2012.
Q2 new product revenue for the second quarter of 2013 was $3.1 million, up 229% sequentially and up 80% compared to the second quarter of 2012.
New product revenue accounted for 60% of the total revenue in the second quarter.
Q2 mature product revenue was $2 million, down 2% sequentially and down 14% from the second quarter of 2012.
The Q2 net loss was $3.2 million, compared with a Q1 net loss of $3.6 million, and a Q2 2012 net loss of $3.2 million.
QuickLogic has a market cap of $127 million.
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