Wolfson

I've seen shares fall on good results before but this is just silly!

Surely this has got to be a buying opportunity!

Financial Highlights

Revenue increased by 94% to $56.9m (H1 2003, $29.3m)
Gross margin improved to 50% (H1 2003, 46.4%)
Profit before tax increased by 123% to $9.3m (H1 2003, $4.2m)
Diluted earnings per share increased 94% to 5.77c (H1 2003: 2.98c)

Operational Highlights

158 design wins in the period
9 new products introduced in the period
Continued strong uptake of products by major OEMs
Increased sales in Japan and Korea to 29% of group turnover
31 new technical and commercial staff

20% growth it will be then. Not bad

Thx Azhar,

Appreciate your input on this BB.

;-)

May 10, The Times.

Wolfson Microelectronics dipped 3p at 140p, despite suggestions that it has extended its reach in the consumer electronics market it supplies Apples iPod and Sonys PlayStation Portable by providing semiconductors for Microsofts Xbox 360, which will be unveiled on Thursday.

Financial Times

The Lex Column:
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*Microsoft (NASDAQ: MSFT - news) contract hopes lift Wolfson Microelectronics (LSE: WLF.L - news)

Thanks Azhar for consistant newsflow. Do you know if the micrsoft contract is based on the Xbox and whether this has been confirmed? I understand the Playstation chips are both visably identifiable on the unit and are to be based on a royalty deal of around $1 per unit to be sold, so perhaps a similar arrangement with Xbox?
Last month but very enouraging write-up: http://www.masshightech.com/displayarticledetail.asp?art_id=68325

Begining to look good again. Any views or further confirmations whether Xbox has the chip?

up 5% today. The chart is looking similar to same period last year, possibly have a nice build up in SP until results in july. we need to break 180 as this failed last time. Good luck all holders.

June 20, 2005 08:15 AM US Eastern Timezone

Wolfson ADCs Bring High-Performance Recording to Portable Consumer Electronics

SAN DIEGO & EDINBURGH, Scotland--(BUSINESS WIRE)--June 20, 2005--Wolfson Microelectronics plc (LSE:WLF) has extended its ADC range with the addition of two new devices for consumer electronics with record functionality, such as digital still and video cameras, games console accessories and wireless microphones.


The Wolfson WM8950 and WM8951 offer highly integrated microphone support solutions characterized by low-power consumption, compact size and an excellent audio performance with a signal-noise ratio of 90dB at 3.3V.

The Wolfson WM8950 mono ADC supports both differential and single-ended microphones and has microphone pre-amplifiers to reduce external part count. Key features include advanced sigma-delta converters, which are used alongside digital decimation filters, to give high quality audio at sample rates from 8kHz to 48 kHz. Additional filtering options include a programmable high-pass filter, for wind noise and other extraneous noise reduction, a programmable IIR filter and an advanced programmable ALC with noise gate in the ADC path.

The WM8950 also supports A-law and u-law compounding for reduced data rates over a wireless link and an integrated PLL allows support for a wider range of clocking rates. Wolfson offers the WM8950 in a highly compact 4mm x 4mm QFN package, and it can be powered from a 3V supply.

The WM8951 is a high-performance stereo ADC which can operate at digital voltages down to 1.42v and analog voltages of 1.8v. Packaged in a compact 5mm x 5mm QFN, the WM8591 achieves an SNR of 90dB at 3.3V, 85dB at 1.8V, and supports sampling rates of 8kHz to 96kHz. It also features a selectable ADC high-pass filter, a serial audio interface and 2/3 wire control interface for software access to all features including volume controls, mute and power management.

Price and Availability

The WM8950 and the WM8951 are available to sample now and are priced at $1.27 and $1.12 respectively in volumes of 10,000.

Thursday Jul 14 2005. All times are London Time.

uk:wlf

Wolfson bigger Apple bite buoys shares
Shares in Wolfson were 0.6 per cent higher at 165.8p in afternoon trade on Thursday after the company reported stronger than expected sales, with higher demand for microchip components from Apple. The Californian computer hardware manufacturer uses Wolfsons chips in its iconic iPod personal music player. Apple is expected to launch a new iPod model later this year and this could provide a further boost to Wolfson. Analysts at Citigroup estimate that demand from Apple could account for 11 per cent of Wolfsons total sales this year. Wolfson is due to report its first half results on July 27. 15:1

Chip group Wolfson Microelectronics saw its shares climb 16p to 182p after the company posted a solid set of interim numbers. The company, which supplies mixed-signal semiconductors for the consumer electronics industry, unveiled pre-tax profits of 9.2 million dollars for the 6-month period to June 30th, up from 8.5 million dollars a year earlier, as sales climbed 12% to 63.8 million dollars. In an accompanying statement, chief executive David Milne said that sales for portable devices in particular had been robust. The growth in portable products stemmed from strong end-user demand for portable music players such as the Apple iPod and iPod mini, alongside games consoles, PDAs and portable GPS devices. Going forward, Wolfson remained largely upbeat, as it said it expected its portable segment to continue to account for more than half of total revenues.

http://business.timesonline.co.uk/article/0,,9075-1754741,00.html

The Company is also beginning to gain
traction with major multimedia mobile handset manufacturers such as Samsung, LG
Electronics, and PalmOne. Wolfson has over 20 design wins for multimedia phones
from Korean, Japanese and Chinese manufacturers that are scheduled to go into
production in the second half of this year.

things going very nicely so far this year. The success of Ipod is undisputed-apple released massive profits on the back of sales last week. Xbox and PSP are also shaping up to be very lucrative products containing Wolfson chips.

Certainly worth a look and a bit of research. All signs to a great future. 300p today. predict a bit of profit taking then on the up again.

Chips with everything, mainly supplied by wolfy. Wlf chips in most of the big selling electronic goods at the moment and looking good for the future and conversion to digital tv. SP already been on a brilliant upward line since recommended by appple i think this is set to continue though at a slower rate.

Cheap as chips - you decide, still in an upward motion. Around 314p mark today.

Finished at 323p and up 6% today alone. More than doubled in price in 7 months. Will it continue????????? Big xmas market for its electronic products containing wolfy chips. Will also be involved in digi tv box for the digi revolution. Still think it will fall a bit (profit takers) before the next push upwards. dyor. maybe risky but its all up up up at the moment.

Now 338, dont say i didnt tell you, suprised there is not more interest in this one. In short term its looks pretty near the top to me (depending on xmas trading) but long term looks good too.

Definitely agree Kivver, the chart is looking fantastic. Price may consolidate with profit-taking in the short term, but momentum will depend on xmas trading. Cannot see that being anything less than excptional with regards to those of Wolfsons' clients leading their field in consumer entertainment. Ipod, PSP and XBOX sales have got to be phenomenal and, if I am not wrong, Wolfson has royalties on the sale of each unit and certainly on that of the PSP. Much of this expectation may be factored into the rising price since mid-may, however, until hard figures are released some may remain on the sidelines and allow the likes of you and I to ride the wave!