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Filtronic - WCDMA power amps OEM order

April 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Filtronic has confirmed that following "design-in" of its integrated RF heads by the OEM customer signed up last September (unnamed but reckoned to be Siemens), deliveries will start during H2.  The RF heads incorporate Filtronic's new gallium arsenide power amp manufactured in its own fab at Newton Aycliffe, up/down converters and proprietary signal processing technology. The exciting part is that (a) it improves utilisation of Newton Aycliffe and (b) such contracts extends its share of 10% of a base station cost to over 50%. Although this is the first customer to take production quantities, Filtronic is negotiating with three other base station customers. Hold.  ...

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