BNET Industries
Market Cap:$207.0M
Last Fiscal Year Sales:$258.1M
- Public
- US
Dow Jones Description
ANADIGICS is helping power the wireless revolution with industry-leading power amplifiers for wireless and broadband applications. As a recognized leader in high-volume manufacture of advanced GaAs RFICs, ANADIGICS is enabling wireless OEMs and ODMs worldwide to build more capabilities into each new generation of products even as they extend battery life and reduce size. Founded in 1985 and headquartered in Warren, NJ, ANADIGICS pioneered the high volume cost-effective manufacture of high performance (GaAs ICs). Today, our RFICs enable manufacturers to enhance overall system performance by reducing the size and weight of their products, increasing power efficiency, improving reliability, and reducing manufacturing cost and time to market. The company's 6-inch GaAs manufacturing facility uses state-of-the-art technology and manufacturing processes to deliver high quality InGaP HBT, GaAs MESFET, and GaAs pHEMT RFIC products. ANADIGICS also features world-class integration and performance with its proprietary and patented InGaP-Plus process, which integrates bipolar and FET structures on the same InGaP GaAs die. Technology leadership remains the driving force behind our advanced products.
President, Chief Executive Officer and Director
Mario RivasNumber of Employees 657
Peer Companies
NAICS Code Semiconductor and Related Device Manufacturing: 334413
Recent Events
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ANADIGICS Announces Third Quarter 2009 Results
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ANADIGICS ANAD Tops Q3 EPS By 5c; Guides In-line for Q4
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Northland Securities Initiates Coverage on ANADIGICS ANAD with a Market Perform
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Anadigics, WIN Semi ink foundry deal
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ANADIGICS Expands Global Presence With New Tokyo, Japan Sales...
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Anadigics to change manufacturing model
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ANADIGICS Launches Quad-Band Polar PA Module For GMSK And EDGE Modes
News & Analysis
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anadigics inc. - All News and Analysis
ANADIGICS, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions Your first question is from the line of Anthony Stoss with Craig-Hallum. Anthony Stoss – Craig-Hallum Hi, guys, good quarter, good guide. If you wouldn’t mind talking about what kind of visibility you may have going into Q1, Tom or Mario. Also, has...
ANADIGICS Q2 2009 Earnings Transcript
Question-and-Answer SessionOperator Operator Instructions. Our first question is from the line of Anthony Stoss from Craig Hallum. Anthony Stoss - Craig Hallum Hi guys. A couple of quick questions. Tom, did you say you're fully booked to the bottom-end of your guidance? Thomas Shields That's correct, Tony. Anthony Stoss...
ANADIGICS Q2 2009 Earnings Transcript
ANADIGICS, Inc. ANAD Q2 2009 Earnings Call July 28, 2009 07:00 PM ET
Anadigics, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Anthony Stoss. Anthony Stoss - Craig Hallum Hi, guys. If you wouldn't mind quantifying the high level of design win activity. You mentioned 50 different wins. Is that across all your customer base, or is that Samsung,...
Anadigics, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Edward Snyder. Mike Alexander – Charter Research This is Mike Alexander in for Ed Snyder. I wondered if you could talk about what’s going on with the China factory. I know you’re terminating it. Last call...
Anadigics, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Instructions The first question comes from Pierre Maccagno of Needham. Pierre Maccagno- Needham & Company Could you give some clarity as to next quarters’ decline in sales? Is that going to be Wireless? Thomas Shields We see a split of revenue guidance 50/50 between Wireless...
Zacks Bull and Bear of the Day Highlights: Hain Celestial, Zions Bancorp, Hallmark Financial, Anadigics and Motorola
CHICAGO -- Zacks Equity Research highlights Hain Celestial (Nasdaq: HAIN) as the Bull of the Day and Zions Bancorporation (Nasdaq: ZION) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Hallmark Financial (Nasdaq: HALL), Anadigics, Inc. (Nasdaq: ANAD) and Motorola, Inc. (NYSE: MOT). Full...
Hedge Fund Tracking: Tremblant Capital
Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
Anadigics: Short-Term Inventory Issues; Long-Term Existential Issues
Brian Coleman submits: Last Thursday after the close, Anadigics—a supplier of RF components to the handset and cable set-top box markets—cut its forecast for third quarter revenue from $78 million to $64 million, 18 percent lower than the guidance management established a mere three weeks prior (see Q2 earnings call...
Anadigics Sell-Off Overdone - Needham
Talk about the horse and the barn door. Amidst a 38% plunge in shares of chip maker Anadigics ANAD following a gloomy pre-announcement last night, analyst Pierre MacCagno of Needham & Co. today reiterated his “Strong Buy” rating on the stock while cutting his price target from $14 to...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mario Rivas | President, Chief Executive Officer and Director |
| Charles Huang | CTO & Executive Vice President |
| Chin Huang Charles | Cto |
| Gerry Groudwater | CIO & Vice President |
| Ron Michels | Senior Vice President, Chief Technology and Strategy Officer |
| Thomas C. Shields | Executive Vice President & Chief Financial Officer |
| Brian Hurst | V.P., Worldwide Sales |
| Dave Coller | Vice President, Operations |
| John Warren III | Vice President, HR |
| Ali Khatibzadeh | Senior Vice President & General Manager of Wireless Business |
| Ronald Rosenzweig | Founder |
| Jennifer Palella | Director, Corp Marketing |
| Marcus Wise | Senior Director, WLAN Prods |
| Kristina Panek | Manager Investor Relations & Stock Plan Administration |
| Tim Blanke | Manager, Corp Communications |
| Kristina Slade | Specialist, Investor Relations |
| Harry T. Rein | Director |
| Lewis Solomon | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David Fellows | Board of Directors |
| Dennis F. Strigl | Board of Directors |
| Garry K. McGuire | Board Member |
| Gilles Delfassy | Board of Directors |
| Paul S. Bachow | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | President, Chief Executive Officer and Director | Current |
| Advanced Micro Devices, Inc. | Executive Vice President, Computing Products Group | Current |
| Quartics | Board of Directors | Current |
| Quartics | CEO | Former |
| Motorola, Inc. | Semiconductor and Communication | Former |
| Philip's &Co | Former | |
| Rensselaer Polytechnic Institute | Master’s Degrees in Semiconductor Physics and Business | Former |
| University Corp. | Undergraduate Degree In Electrical Engineering | Former |
"Dr. Charles Huang is Executive Vice President & Chief Technical Officer Emeritus of ANADIGICS, Inc. He has served as the Chief Technical Officer from 1985 when he co-founded the company to April 2009. Dr. Huang is also an IEEE Fellow. ANADIGICS is a leading supplier of radio frequency and microwave frequency gallium arsenide (GaAs) integrated circuits. Dr. Huang is an experienced professional with over 30 years of design, development and production experience with GaAs technology for such companies as Hewlett-Packard, Avantek and ANADIGICS. Prior to co-founding ANADIGICS, Dr. Huang was Director of Gallium Arsenide Research & Development and Wafer Fabrication Services at Avantek. Dr. Huang is a graduate of the University of California, Berkeley, where he received his Doctorate in Electrical Engineering. "
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | CTO & Executive Vice President | Current |
| ANADIGICS, Inc. | Co-Founder | Current |
| Avantek LLC | Former | |
| Gaas | Former | |
| Hewlett-Packard Company | Former | |
| University of California, Berkeley | Former |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Cto | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | CIO & Vice President | Current |
Ron Michels is the Senior Vice President, Chief Technology and Strategy Officer, responsible for technology development, advanced development, and strategic business development. He also serves as an Executive Corporate Officer of ANADIGICS. Ron joined ANADIGICS in 1987 and has served in several management and executive positions during that time. Prior to joining ANADIGICS, he held various engineering and management positions in Lockheed Electronics, New Jersey Public Broadcasting, and K & M Broadcasting. Ron earned his Bachelors degree in Electrical Engineering from the New Jersey Institute of Technology. He holds several US Patents, has authored a number of publications in the area of RF communications and serves on the Lehigh Electrical & Computer Engineering Advisory Board.
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Senior Vice President, Chief Technology and Strategy Officer | Current |
| Broadband.Com | Senior Vice President | Current |
| Broadband.Com | General Manager | Current |
| ANADIGICS, Inc. | Executive Corporate Officer | Current |
| ANADIGICS, Inc. | Senior Vice President & General Manager of Broadband Business | Former |
| ANADIGICS, Inc. | Vice President, Broadband Prods | Former |
| New Jersey Institute of Technology | Bachelors Degree In Electrical Engineering | Former |
Mr. Shields has served as Executive Vice President and Chief Financial Officer of the Company since January 2006. He had previously served as Senior Vice President and Chief Financial Officer of the Company from July 1999. Prior to joining the Company, Mr. Shields served as Vice President and Controller of Fisher Scientific Company from 1997 to 1999. From 1994 to 1997, Mr. Shields served as Vice President and Controller for Harman Consumer Group. From 1986 to 1994, Mr. Shields served in various positions with Baker & Taylor, Inc. Mr. Shields received his B.S. and M.B.A. degrees from Fairleigh Dickinson University.
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Executive Vice President & Chief Financial Officer | Current |
| Aeanet | Board of Directors | Current |
| Harman Consumer Group | Vice President of Finance | Former |
| Harman Consumer Group | Controller | Former |
| Fairleigh Dickinson University | MBA In Finance | Former |
| Fairleigh Dickinson University | BS In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Peregrine Semiconductor Corp. | Vice President of Worldwide Sales | Current |
| National Semiconductor Corporation | V.P., Worldwide Sales | Current |
| ANADIGICS, Inc. | V.P., Worldwide Sales | Current |
| Southern Methodist University | Graduate Degree In International Marketing | Former |
| The University of Texas | B.S. Degree In Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Vice President, HR | Current |
"Dr. M. Ali Khatibzadeh is the Senior Vice President & General Manager of RF Products Business Unit at ANADIGICS, Inc. responsible for P&L of RF products for Cellular, WiFi, WiMAX, CATV and Infrastructure markets. He also serves as an Executive Corporate Officer of ANADIGICS. Dr. Khatibzadeh has more than 20 years of experience in the wireless industry. Before joining ANADIGICS in 2000, he was Director of Technology for Ericsson's American Standards Business Unit where he led the development of chipsets for TDMA and EDGE wireless handsets. Prior to that, he held engineering and management positions at Texas Instruments' Wireless Communications Business Unit in Dallas leading the development of RFIC’s for TI’s wireless chipset solutions. Dr. Khatibzadeh earned B.S. degrees in Electrical Engineering and Physics, M.S. and Ph.D. in Electrical Engineering from North Carolina State University in 1982, 1984, and 1987, respectively. He holds several US patents, has authored a number of publications and is a member of the IEEE. "
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Senior Vice President & General Manager of Wireless Business | Current |
| ANADIGICS, Inc. | Executive Corporate Officer | Current |
| Ieee | Board of Directors | Current |
| Tdma | Director of Technology | Former |
| North Carolina State University | Ph.D. In Electrical Engineering | Former |
| North Carolina State University | M.S. | Former |
| North Carolina State University | B.S. Degrees In Electrical Engineering and Physics | Former |
Mr. Rosenzweig, co-founded ANADIGICS in 1985 and has served as a Director of the Company since its inception and as Vice-Chairman of the Board of Directors since August 2008. From the Company’s inception in 1985 until 1998, Mr. Rosenzweig served as President and Chief Executive Officer of the Company. Prior to ANADIGICS he co-founded Microwave Semiconductor Corp and served as the company’s President and Chief Executive Officer. Mr. Rosenzweig received his Bachelor Degree in Chemical Engineering from City College of New York.
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Founder | Current |
| ANADIGICS, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Director, Corp Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Senior Director, WLAN Prods | Current |
| ANADIGICS, Inc. | Senior Director, WLAN Prods | Former |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Manager Investor Relations & Stock Plan Administration | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Manager, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Specialist, Investor Relations | Current |
Mr. Fellows has served as a Director of the Company since May 2007 and had served as a member of the Company's Technical Advisory Board from April 2003 until May 2007. Prior to that, he served as Director of the Company from September 1994 until April 2003. Mr. Fellows is currently an Executive VP and Executive Fellow with Comcast Cable, advising the company on technology matters, since January, 2007. In addition, he is a General Partner of Genovation Capital, LLC which is an early stage venture capital company, since 2008. Prior to this he was the Chairman and CEO of K Sys Inc., a privately-held Internet software company doing business as Knowledge-Banking Systems during 2007 and 2008. From 2003 to 2006 he was EVP and Chief Technology Officer at Comcast Cable, in charge of technology, engineering and technical operations. Prior to that, from December 2001 until their acquisition by Comcast in 2003 he was Chief Technology Officer at AT&T Broadband. Mr. Fellows received his Bachelor Degree in Engineering and Applied Physics from Harvard College and a Masters Degree in Electrical Engineering from Northeastern University. Mr. Fellows is also Chairman of the Board of Trustees of the North Shore Music Theatre in Beverly, MA. He is chair of the Data Standards Subcommittee for the SCTE, and was previously a member of the Board of Directors for CableLabs in Louisville, CO. He serves on and has served on, a number of Technical Advisory Boards.
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Board of Directors | Current |
| Northeastern University | Masters Degree In Electrical Engineering | Former |
| Harvard College | Bachelor Degree In Engineering and Applied Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Verizon Communications Inc. | President & COO | Current |
| Canisius College | Chairman | Current |
| The PNC Financial Services Group Inc. | Board of Directors | Current |
| Reiter's Camera Phone Report | Board of Directors | Current |
| Eastman Kodak Company | Board of Directors | Current |
| ANADIGICS, Inc. | Board of Directors | Current |
| PNC Bank | Board of Directors | Current |
| Verizon Wireless, Inc. | Chief Executive Officer | Former |
| Verizon Communications Inc. | Executive Vice President | Former |
| Fairleigh Dickinson University | MBA | Former |
| Canisius College | Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Avaya Inc. | Chief Financial Officer | Current |
| Avaya Inc. | Board of Directors | Current |
| Telcordia Technologies, Inc. | Board of Directors | Current |
| University of Dayton | Board of Directors | Current |
| ANADIGICS, Inc. | Board Member | Current |
| Avaya Inc. | Senior Vice President Corporate Development | Former |
| Northern Telecom | Vice President, Strategic Planning | Former |
Mr. Delfassy has served as a Director of the Company since January 2008 and Chairman of the Board of Directors since August 2008. Mr. Delfassy also served as the interim Chief Executive Officer of the Company from August 17, 2008 to February 1, 2009, when Mr. Rivas assumed the position of Chief Executive Officer. He is the retired Senior Vice President of the Worldwide Wireless Terminals Business Unit, Texas Instruments Incorporated and was at the helm of the company’s successful wireless terminals unit since its inception in 1995. Previously he had served as Texas Instrument’s European Digital Signal Processing Department Manager and led its European Automotive Electronics business. Mr. Delfassy currently serves as an advisor for 3i and Pitango, which are private companies, and sits on the board of directors of Spansion Inc. and Discretix, a private company. Mr. Delfassy holds an Engineering Diploma (Master of Science in Electrical Engineering) from Ecole Nationale Supérieure d'Electronique et d’ Automatique de Toulouse and a degree in Business Administration from Institut d’Administration des Entreprises de Paris.
| Organization | Position | Status |
|---|---|---|
| ANADIGICS, Inc. | Board of Directors | Current |
| Discretix Technologies, Ltd. | Board of Directors | Current |
| ANADIGICS, Inc. | Chairman and Interim Chief Executive Officer | Former |
Harry T. Rein is a General Partner with Foundation Medical Partners. Mr. Rein served for 15 years as the Founder and Managing General Partner of Canaan Partners. In addition to his role as the Managing General Partner at Canaan Partners, Mr. Rein was responsible for Canaan's Life Sciences Investment Practice. Mr. Rein has extensive experience with small and mid-sized companies, including the supervision of all investments made by GE Venture Capital during his tenure as President. Mr. Rein has served on the boards of directors of over 20 public and private entrepreneurial companies. Mr. Rein also serves as a Trustee of The Cleveland Clinic Foundation, and is a member of the Clinic's Executive, Strategic Planning, Research and Education, and Finance and Budgeting committees. Mr. Rein attended Emory University and Oglethorpe College (1968) and holds an M.B.A. from the Darden School at the University of Virginia (1973).
| Organization | Position | Status |
|---|---|---|
| CardioNet, Inc. | General Partner | Current |
| Foundation Medical Partners L.P. | General Partner | Current |
| Spine Wave, Inc. | Director | Current |
| ANADIGICS, Inc. | Director | Current |
| Polaroid Corporation | Vice President | Former |
| Canaan Partners | Founder | Former |
| Canaan Partners | Managing General Partner | Former |
| CardioNet, Inc. | Board of Directors | Former |
| Gulf Oil Corporation | Director | Former |
| University of Virginia | M.B.A. | Former |
| Darden Graduate School of Business Administration | M.B.A. | Former |
| Emory University | Former |
Lewis Solomon was elected Chairman of the Board of Directors in May 2008 and has been a director of the Company since January 2002. He is Co-Founder and Chairman of G&L Investments, a consulting firm specializing in technology. Mr. Solomon also co-founded and was Chief Executive Officer of Broadband Services, Inc. (BSI), an outsource provider of supply chain management, network planning, and fulfillment services from 1999 to 2004. From 1983 to 1988, he served as the Executive Vice President of Alan Patricof Associates, a global venture capital firm. Mr. Solomon also spent 14 years at General Instrument Corporation, ultimately as Senior Vice President and Assistant to the Chief Executive Officer. Mr. Solomon is a director of Anadigics Inc., Artesyn Technologies Inc., and several private companies.
| Organization | Position | Status |
|---|---|---|
| Harmonic Inc. | Chairman | Current |
| Lantronix, Inc. | Chairman of Board, Chairman of Compensation Committee | Current |
| Activevideo Networks, Inc. | Board of Directors | Current |
| ICTV, Inc. | Board of Directors | Current |
| ANADIGICS, Inc. | Director | Current |
| Artesyn Technologies, Inc. | Board of Directors | Current |
| Terayon Communication Systems, Inc. | Director | Current |
| General Instrument Corporation | CEO | Former |
| General Instrument Corporation | senior vice president | Former |
| Gic, Inc. | vice president of marketing | Former |
| General Instrument Corporation | assistant | Former |
| Gl.Com | Former | |
| Harmonic Inc. | Board of Directors | Former |
| Lantronix, Inc. | Board of Directors | Former |
| Temple University | M.S. degree in industrial engineering | Former |
| St Joseph's College | Bachelor Degree In Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Bachow & Associates, Inc. | President | Current |
| ANADIGICS, Inc. | Board of Directors | Current |
| Bachow & Associates, Inc. | Senior Managing Director | Former |
| Bachow & Associates, Inc. | Founder | Former |
| Bachow & Associates, Inc. | Owner | Former |
| Rutgers School of Law | J.D. | Former |
| New York University | Master's Degree In Tax Law | Former |
| American University | B.A. | Former |
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