CTS receives orders from two new RF filter customers
Dec 18, 2007
CTS Corporation (NYSE:CTS) announced that it has received orders for six custom-designed filters from two new customers. These orders will support over $2 million per year of revenue, beginning first quarter 2008.
The two new customers are a European based manufacturer of wireless transmission systems used in the automotive industry (Telematics) and a North American company that provides base station power amplifiers to some of the largest Telecom OEM's in the world. Both are leaders in their respective markets.
CTS has the world's largest market share of filters used in the Telematics sector and is one of the leading providers of filter technology used for base station equipment.