Transmeta Posts $21.7 Million 4Q Loss
Loss was substantially less than the $49.7 million Transmeta incurred in the same year-ago period.Transmeta Corp., whose energy-efficient Crusoe chips are designed for the mobile market, on Thursday reported a $21.7 million fourth-quarter loss. The loss was substantially less than the $49.7 million Transmeta incurred in the same year-ago period and about the same as the $21.8 million lost last quarter. The Santa Clara, Calif., chip maker recorded revenue of $6.1 million, more than the $1.5 million generated in the same period last year but slightly less than the $6.4 million garnered in the third quarter.
Transmeta in recent months has been aggressive in rolling out new products or promoting upcoming ones. In November the company launched the 1GHz version of its Crusoe chip and earlier this month introduced the Crusoe Special Embedded processors, designed for x86 embedded applications in such products as medical instrumentation, retail kiosks and point-of-sale terminals.