PicoChip 3Q07 Update

Revenues for 3Q 2007 for picoChip were $5 million which it claims was a significant jump compared to the last quarter. WiMAX generated the most about 60% of the total revenues. HSPA was the next revenue stream with around 30% of the revenues while others contributed the remaining 10%.

Geographically Asia contributed around half of the company’s business while Europe brought in 30% of the revenues. Rest 20% revenues came from the US.

During the quarter it announced WiMAX femtocell single-chip and Wave2 IO-MIMO supporting both uplink and downlink. It also add up a few customers, Alpha and Xinwei the announced ones. It partnered with L&T Infotech, India for development support.