The MICROWAVE VISION Group (NYSE-Euronext: ALMIC) is Awarded Two Contracts from the North American Smartphone and Tablet Market Totaling $2.9 M
Four MICROWAVE VISION SG64 systems have recently been purchased by two manufacturers of PDAs and tablets. MICROWAVE VISION confirms its worldwide leadership in the telecom market, where it is already used by 7 of the top 10 brands.
Smartphones and tablets: a lucrative market for MICROWAVE VISION
PARIS, May 11, 2011 /PRNewswire/ -- The telecom market constitutes 43% of the MICROWAVE VISION group's total sales in 2010. Sales were driven by the increasing market for Smartphones (+100% over Q3 2010; 20% of the global cell phone market according to Gartner), tablets, laptops and Netbooks: devices that require sophisticated testing equipment, such as those provided by the MICROWAVE VISION group. The success of the SG system is primarily based on its superior performance in terms of speed and precision. One of the two contracted manufacturers already uses SG64 at another of its divisions, so their investment in new equipment demonstrates a solid appreciation of the system's performance.
Hundreds of millions of dollars invested in testing
With new product time-to-market playing a major role in building market share, rapid testing solutions are a real competitive advantage.
In order to guarantee customers the highest quality mobile devices from reception through transmission without health risks, manufacturers such as the military are willing to invest hundreds of millions of dollars. The dependence of users on their mobile devices means a "zero-tolerance policy" in the event of malfunction. Manufacturers must reinforce their testing to ensure the reliability of their products at the time of commercial launch.
"Manufacturers are required to invest in high-tech laboratories and to devote thousands of engineering hours to testing. The stakes are a very competitive global market, and the sophistication of the products account for this additional investment. This will ensure that MICROWAVE VISION will continue to grow in the Telecommunications field," says Philippe Garreau, CEO of MICROWAVE VISION.
View a virtual tour of one of our systems:http://www.microwavevision.com/category/resource/virtual-tours
About MICROWAVE VISION:
MICROWAVE VISION (NYSE-Euronext: ALMIC) is a leading global manufacturer of test systems and antenna measurement in the fields of Radio Communications, Automotive, Defense and Aerospace.
Learn more: http://www.microwavevision.com
SOURCE MICROWAVE VISION Group
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