Comms sales boosts Altera -

Comms sales boosts Altera

SAN FRANCISCO — Altera has uprated its first quarter revenue guidance predicting an increase of around 6% over the fourth quarter having previously estimated that first quarter sequential revenue growth would be in the range of 1 to 3%.

The company cites sales to customers in the communications market segment have rebounded more sharply than initially anticipated and its 90nm Stratix II FPGA family is continuing to ramp strongly with more than 250 customers including it on their shopping list.

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