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Technology Stocks : Wireless Facilities Inc. (WFII)

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From: Bennitto1/19/2006 7:21:01 PM
   of 13
 
Agere Reaches 100 Million Mark in GSM Chipset Sales



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Thursday January 19, 2006 1:37 PM EST - By: Dave White
Via: PR News Wire






Agere Systems has reached the 100 million mark in sales of its Global System for Mobile-based (GSM) wireless chipsets, the company announced on Thursday. The phone "brains" are currently operating on more than 70 networks worldwide.

The company reached the sales total in about 5 years. Denis Regimbal, executive vice president of Agere's mobility division, said that growth would continue accelerate.

"We expect we will easily ship our next 100 million units in half the time as we look ahead to increasing levels of demand for EDGE and 3G technologies, including HSDPA, in the future," Regimbal said.

Agere also offers technology solutions in the 2.5G and 3G ranges. A recent offering combined W-CMDA and EDGE technologies. The company's chips also power computers, disk drives, PDAs, and gaming devices.


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