PDF version (English, German) Thalwil, Switzerland, February 10, 2010 – u-blox, a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets, announces better than expected 2009 performance. Despite the recession, u-blox was able to achieve stronger sales in the second half of 2009 as compared to the first half.
While annual accounts are still under preparation, EBIT for the second half of 2009 is expected to be comparable to the results achieved during the first half year (1st half year: CHF 2.3 million). Sales for the year 2009 will reach approximately CHF 73 million. Final numbers will be published on March 19, 2010.
About u-blox u-blox is a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets. Our solutions enable people, devices, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of GPS modules, chips, and software solutions together with wireless modules and solutions, u-blox is uniquely positioned to enable OEMs to develop innovative solutions quickly and cost-effectively. Headquartered in Switzerland and with global presence in Europe, Asia and the Americas, u-blox employs 180 people. Founded in 1997, u-blox is listed on the SIX Swiss Exchange. (www.u-blox.com)
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