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To: StanX Long who wrote (60178)	2/8/2002 3:23:03 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

TriQuint posts $59.6 million loss in Q4, but expects recovery in 2002 Semiconductor Business News (02/07/02 16:41 p.m. EST) siliconstrategies.com HILLSBORO, Ore.-- TriQuint Semiconductor Inc. today reported a 19% sequential drop in revenues to $65.4 million in the fourth quarter compared to $80.8 million in Q3. TriQuint's sales were 52% below $136.6 million in Q4 of 2000. As a result, the supplier of gallium-arsenide (GaAs) and other high-performance semiconductors posted a net loss of $59.6 million for Q4, including charges and special items. In Q3, the Hillsboro company had a net income of $6.6 million, and in the fourth quarter 2000, TriQuint posted a net income of $64.7 million. "We expect 2002 will be the beginning of a recovery for our business," said Steven J. Sharp, chariman, president and CEO of TriQuint. He said the company now expects revenues of $60-to-$65 million in the first quarter of 2002.