- ADI grew for the first time after several quarters of revenue contracting YoY and the FY2021 forecast predicts growth can not only continue, but even accelerate.
- The company is seeing increasing demand in all markets with 5G probably the biggest driver, especially with communications outperforming other segments in Q4.
- It has counted on acquisitions to supplement lackluster organic growth and that could continue with the planned acquisition of MXIM.
- ADI faces a lot of competitors, many of whom are after the same goals ADI is going for.
For further details see:
Analog Devices Looks To Be Turning It Around