23 July 2010, Auckland: Rakon (NZX: RAK) has announced that it expects to ship a record volume of over 6.5 million units from its Auckland factory this month, with potential to increase that by 20% by October.
“We are seeing very strong demand from smart phones, tablet PCs and net books, all with GPS. This month will break our previous record we set back in 2007,” said Brent Robinson, Rakon’s CEO.
“This is an exciting milestone for our New Zealand plant as we can see the results of 5 years of investment in what is still a very tough market. It’s a positive indicator for what we are anticipating as real demand ahead in these consumer markets,” Mr Robinson explained.
“Research companies have predicted strong demand for GPS enabled smart phones and other connected devices, such as tablet PCs. We are starting to see evidence of this in demand for our GPS TCXOs.”
For further information contact:
Justin Maloney, Marketing Manager
Phone: +64 9 573 5554
About Rakon: World leader in the development of frequency control solutions, Rakon has leading market positions in supplying crystal oscillators to the GPS, telecommunications network timing/synchronisation and aerospace markets. Manufacturing and design operations are in New Zealand, UK, France, India and China with sales offices worldwide. On Thursday Rakon announced the acquisition of its French based competitor Temex, making it the largest high reliability frequency control provider outside of the US.
TCXO: Temperature Compensated Crystal Oscillator: An electronic component used to produce a stable frequency for a wide range of applications. Rakon’s high stability TCXOs are focused on the high volume, high performance markets such as smart phones and PNDs where small oscillator size and performance is important. Stability performance ranges from 0.5 parts per million (99.99995% accurate) over a wide temperature range, with physical sizes as small as 2.0 x 1.6 mm.