RichWave Sees Strong Growth in Wi-Fi 7 Shipments
RF front-end chipmaker RichWave has reported solid financial results for the third quarter, driven by strong Wi-Fi 7 product shipments.
- Revenue: NT$986 million (approx. US$32.2 million), a 1.2% increase from the previous quarter and an 8% rise compared to the same period last year.
- Gross margin: 38%, up 3pp sequentially and 7pp year-over-year.
This growth is attributed to an improved product mix and margin recovery, with Wi-Fi 7 shipments being a key factor.
Strong Wi-Fi 7 product shipments drove improved margins and revenue.
Author's summary: RichWave reports strong Q3 results.
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