Wolfson Microelectronics, the Edinburgh-based leader in mixed-signal semiconductors, has provided a trading update and forecast for its figures in the fourth quarter of 2008.
Third quarter revenue is estimated to be in line with the $56-62m (£32-35m) half-year result expectations, while gross margin is predicted to be within 50-51 per cent. The company is currently anticipating diluted earnings for shareholders reflective of current market trends.
Wolfson has reported a reduction in orders following a decline in consumer confidence. Based on the current economic climate, Wolfson estimates that this year’s fourth quarter earnings will be between $45m to $50m.
The company stresses that the more conservative estimates are a result of the general economic environment and not an indication of any material design loss.
First seven members join NG’s Great Grid Partnership
So in addition to (as seems likely) Great British Energy & Great British Railways we also have the Great Grid Upgrade To me, this rather … grates?