Despite economic difficulties across the chip industry, FPGA makers didn’t have it so bad for Q3 08. Altera Corp. announced increases in sales and net income for Q3 08 over Q3 07. John Daane, president, CEO and chairman of the board of Altera, explains how market slowdowns can be growth opportunities, and describes the company’s activities in Asia.
How did Altera achieve growth in Q3 08 despite general market slowdown?
Altera remains committed to its fundamental themes of growth, efficiency and shareholder value, and we are pleased to have achieved all three goals for a second consecutive quarter. Our 65nm devices—Cyclone III FPGAs and Stratix III FPGAs—had another strong growth quarter, with sales once again more than doubling sequentially.
