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Microtune Inc

 
Hoover's Profile: Microtune, Inc.
(NASDAQ (GM):TUNE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Microtune, Inc.
2201 10th St.
Plano, TX 75074
TX Tel. 972-673-1600
Fax 972-673-1602

Type: Public
On the web: http://www.microtune.com
Employees: 220
Employee growth: 6.8%

Microtune wants to be your cable (chip) company. As it returns to its origins as a maker of cable tuner chips, the company divested its wireless communication chip business. Microtune's chips enable broadband voice, data, and video communications in electronic gear such as car radios, cable modems and set-top boxes, digital TVs, DVRs, and PCs. Microtune expanded into the wireless area with its purchase of Transilica, but later exited the business. Microtune's customers include Cisco Systems (29% of sales), Unihan (a subsidiary of ASUSTeK Computer that assembles products for ARRIS Group, 13%), Panasonic (12%), Motorola, and Samsung Electronics. The company gets about two-thirds of its sales outside North America.

Key numbers for fiscal year ending December, 2008:
Sales: $108.0M
One year growth: 18.5%
Net income: $6.4M
Income growth: 457.3%

Officers:
President, CEO, and Director: James A. (Jim) Fontaine
EVP; Managing Director, Microtune GmbH: Barry F. Koch
VP and Interim CFO: Justin M. Chapman

Competitors:
Alps Electric
Broadcom
NXP

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