CHICAGO, Ill.-RF Micro Devices Inc. posted a fiscal fourth-quarter net loss of $138.3 million, or 7 cents a share, in contrast to a net profit of $2.8 million, or 22 cents a share in the same quarter last year.
The company attributes its poor showing to a shift to lower-margin GSM power amplifier modules and a soft market.
“We are focused on multiple initiatives to improve profitability, including the conversion from four-to-six-inch wafer manufacturing, the introduction of next-generation modules, the addition of Jazz Semiconductor as a supplier of silicon and ongoing yield improvements, especially in our module products,” said RF Micro President and Chief Executive Bob Bruggeworth.
