Metalink 3Q07 Update
Metalink had revenues of $3.9 million for 3Q 2007. This was sequentially up by 56% compared to 2Q 2007. All the revenues came from xDSL chips except the $200,000 generated from production sales of WLANPlus chipsets. This was the first quarter which saw the first WLANPlus production shipment. These were shipped to an ODM. The net loss during the period registered was $5.2 million.
Europe and Israel contributed around 57% of the entire quarter revenues while North America brought in around 35%. Asia contributed 8% of the revenues. The 10% customers for the quarter were ECI and ADC.
The Video over 802.11n market started getting traction with some manufacturers in Europe, NAM and Asia starting off volume production of STBs. Another achievement on this side is that some of the TV makers in Japan have started working with Metalink to develop integrated 802.11n Digital TVs. These two items are expected to generate significant volume deployments for Metalink’s 802.11n chipset.WLANPlus chipset was selected by Pirelli Broadband for its Discus Wireless video extenders in the quarter. Besides Pace also collaborated with the company for WiMAX based solution providing content to and around the home. Other collaborations included with IGRS for wireless HDTV decoder platforms to be delivered to TV vendors and Hisense for 802.11n based home multimedia networking solutions in China.
In addition, Metalink also witnessed some traction from ODMs in Taiwan and other branded OEMs in the US for 802.11n routers market.
In July 2007, Metalink’s WLANPlus chipset received the Wi-Fi CERTIFIED 802.11n draft 2.0 Certification by the Wi-Fi Alliance.
