Microchip maker Wolfson warns of uncertainty

Jul 28 2009 by Graeme Brown, Birmingham Post

Chipmaker Wolfson Microelectronics warned of lingering uncertainty in consumer markets today despite better than expected results.

The Edinburgh-based firm, said second-quarter revenues rose 32 per cent on the first three months of 2009. But the jump mainly reflected aggressive de-stocking earlier in the year as its customers used up stockpiles.