SiGe Semiconductor Ranked Number 14 in Deloitte’s Wireless Fast 50
October, 2007—Methuen, Massachusetts
SiGe Semiconductor has been ranked number 14 on Deloitte's Wireless Fast 50, a ranking of the 50 fastest growing wireless companies by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage fiscal year revenue growth over five years from 2002– 2006.
SiGe Semiconductor’s CEO Sohail Khan credits technical innovation, strategic partnerships, and a growing demand for the company’s RF front-end solutions by leading global consumer electronics manufacturers with the company's 3,517 percent revenue growth from 2002–2006. Khan said, “I am honored that SiGe Semiconductor has been recognized by Deloitte as one of the fastest growing wireless companies. Our products have a proven track record for performance, and we have established ourselves as a key supplier to some of the world’s leading names in consumer electronics. Moving forward we will build on these relationships as well as our technology leadership to deliver solutions to OEMs that will enable the next generation of wireless multimedia applications.”
"The wireless industry is on the cusp of great changes as new technologies such as WiMAX and 3G upend the market...and yet, we are only scratching the surface of what is possible," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "Our first-ever Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector. These companies have achieved sustained growth while navigating constant change, and are beacons of a promising future for the wireless industry."
To qualify for the Wireless Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006. They must own proprietary wireless technology or proprietary wireless intellectual property that contributes to a significant portion of their operating revenues or devote a significant proportion of revenues to the research and development of wireless technology. Using other companies' wireless technology or intellectual property in a unique way does not qualify.
Companies from the Wireless Fast 50 program are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Wireless Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
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