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CSR Sees Bluetooth Demand Strong For '07
From the I-could-have-told-you-that category, U.K. based electronics company CSR --which specializes in Bluetooth technology--Wednesday reported a 6% rise in net profit and said it expected strong growth in the market over the remainder of the year as the technology appears in more games consoles and other devices.
"We continue to see numerous future growth opportunities for Bluetooth as well as for the broader range of short range wireless technologies that are part of our portfolio," said Chief Executive John Scarisbrick.
CSR derives more than 50% of its revenues from devices other than mobile handsets, including Sony Corp.'s (SNE) PlayStation 3 computer games console and Samsung MP3 players. More recently CSR has provided Bluetooth technology in Apple's iPhone--perhaps you've heard of this product?
Link at CNNMoney.com.
