U-blox’s H1 net profit up 39.3% y/y to USD25.2 million
Swiss supplier forecasts revenue in the range of CHF435 million to CHF445 million for fiscal year 2018
U-blox reported a 39.3% year-over-year (y/y) increase in net profit to CHF25.1 million (USD25.2 million as on 30 June 2018) for the first half ended 30 June 2018, the Switzerland-based supplier of wireless and positioning modules and chips said in a press release on 24 August.
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