Sigurd 2016 revenues rise 14.7%
Sigurd Microelectronics Corporation | January 05, 2017
Sigurd has posted December revenues of NT$527 million, up 3.9% sequentially and 24.3% from a year earlier. Revenues totaled NT$1.56 billion for the fourth quarter of 2016, down 1.7% on quarter but up about 22% on year.
Sigurd had record-high consolidated revenues of NT$1.59 billion in the third quarter, buoyed by strong demand for smartphone solutions, audio chips and power management ICs. Meanwhile, robust demand for Sigurd's newly-added offering for wireless network chips also buoyed the company's sales performance during the quarter.