Wolfson Microelectronics (WLF)

224.25p
   
  • Change Today:
      4.25p
  • 52 Week High: 230.00
  • 52 Week Low: 170.00
  • Currency: UK Pounds
  • Shares Issued: 116.71m
  • Volume: 510,641
  • Market Cap: £261.72m
  • RiskGrade: 158
  • Beta: 0.19

Wolfson tech chosen for new Samsung phone

By Michael Millar

Date: Tuesday 26 Jun 2012

LONDON (ShareCast) - Computer chip designer Wolfson said its audio technology had been picked by Samsung for a new smartphone, the GALAXY S III.

The firm's 'WM1811' package will determine the phone's call quality as well as the clarity of audio playback for music and video, while at the same time aiming to minimise power consumption.

Wolfson said this would mean "outstanding HD Audio user experiences with long battery life".

"Our continued success with Samsung, particularly within its range of smartphones and tablets, is testament to the unrivalled quality of our HD Audio Hubs, and the unique features in our products that allow manufacturers to create differentiated audio experiences," Chief Executive Mike Hickey.

Wolfson has a history of working with Samsung, having already provided audio technology for the Samsung Wave and Galaxy S.

The news sent the company's shares 6% in morning trading on Tuesday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WLF Market Data

Currency UK Pounds
Share Price 224.25p
Change Today 4.25p
% Change 1.93 %
52 Week High 230.00
52 Week Low 170.00
Volume 510,641
Shares Issued 116.71m
Market Cap £261.72m
Beta 0.19
RiskGrade 158

WLF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.5% below the market average77.5% below the market average77.5% below the market average77.5% below the market average77.5% below the market average
52% below the sector average52% below the sector average52% below the sector average52% below the sector average52% below the sector average
Price Trend
20.05% above the market average20.05% above the market average20.05% above the market average20.05% above the market average20.05% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income Not Available
Growth
12.96% above the market average12.96% above the market average12.96% above the market average12.96% above the market average12.96% above the market average
21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 1
Sell 0
Strong Sell 1
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WLF Dividends

No dividends found

Trades for 22-May-2013

Time Volume / Share Price
11:47 1,592 @ 223.25p
10:49 25 @ 223.25p
09:38 1,196 @ 224.25p
09:36 12 @ 224.25p
09:23 5,000 @ 223.00p

WLF Key Personnel

CFO Mark Cubitt
CEO Mike Hickey

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