Wolfson losses keep growing

 
Oliver Smith
Follow Oliver
AUDIO semiconductor supplier Wolfson Microelectronics yesterday reported growing losses as declining customer sales hurt its bottom line.

Revenues fell 17 per cent year-on-year to $43.9m (£27.3m) in the third quarter to 29 September while losses increased to $3m, from $1.6m last year.

Wolfson’s customer list includes Samsung and BlackBerry.