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TriQuint Announces Q3 2012 Results
October 24, 2012
Commenting on the results for the quarter ended Sept. 29, 2012, Ralph Quinsey, President and Chief Executive Officer, stated "TriQuint’s third quarter results improved sequentially with 13% revenue growth driven by increased demand from our major smartphone customers and order strength for infrastructure and defense products. We are expecting ten to twelve percent revenue growth in the fourth quarter with continued strength in each of our major markets but with pressure on gross margins due to planned inventory reductions."