CML Microsystems beats expectations

CML Microsystems (LON: CML) reported better than expected interim results. Demand is increasing for existing semiconductor products and newer products are being designed-in to a wide range of wireless communications equipment.

Products that the company’s components will be included in include a cellular repeater, private mobile radio, fire alarms and industrial IoT. There is still some supply chain disruption, but this is more than offset by the underlying growth in demand.

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