Wolfson losses keep growing
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.