The news out today raises Anadigics serviceable market by 116%, from $800m to $1.8b for 2012 and upto $2.3b in 2013. Anadigics doubled market share at Samsung 2011. The announcement today sets them up to compete for more biz there.
With $144m current assets + investments less Total liabilities of $24.41m and shares of 68m we can see that $1.76 in the net per share is supported. With the stock just over $3, operating at just over 50% capacity, new products announced today doubling serviceable market, and wallstreet thinking this company is only a RIMM supplier (they are a supplier, but small amount). In the past 4 years the company has spend 120m in capital equipment and "the ceo" says its for more advanced in capacity of any of its competitors, yet they are 1/5th the size of the competition (TQNT).
http://www.anadigics.com/news/press_releases/anadigics_launches_multimode_multiband_power_amplifiers_mmpa
listen to the last conference call to find all of this out.
http://www.anadigics.com/investors
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