CSR cautious about second-half trading

Wireless technology and computer chip group CSR has issued cautious guidance for the second half of 2012 following the 310m-dollar sale of its handset division to Samsung earlier this month.

Wireless technology and computer chip group CSR has issued cautious guidance for the second half of 2012 following the 310m-dollar sale of its handset division to Samsung earlier this month.

In the three months to the end of June underlying revenues were $266.5m, compared to $193.9m in the same period of last year and just above the guidance range of $245-265m.

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