Financial Times FT.com

CSR bullish on raising market share

By Maija Palmer, Technology Correspondent

Published: October 29 2009 21:56 | Last updated: October 29 2009 21:56

Shares in CSR rose more than 9 per cent on Thursday after the maker of wireless chips reported third-quarter revenue at the upper end of estimates and said it was confident of increasing its share in the mobile phone market.

The Cambridge-based company, which supplies chips to Nokia and other mobile handset makers, said customers remained cautious about macroeconomic trends.

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