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Maxim Sets Revenue Mark

SUNNYVALE, Calif. — Maxim Integrated Products, Inc. (Nasdaq:MXIM) reported record net revenue of $626.5 million for its fiscal 2011 fourth quarter ended June 25, 2011, a 3% increase from the $606.8 million revenue recorded in the prior quarter.

Tunc Doluca, President and Chief Executive Officer, commented, “Fiscal year 2011 was a great year for Maxim. We achieved strong revenue growth, improved profitability and improved cash flow from operations. We invested in growth markets by developing innovative and highly-integrated solutions organically, as well as through key acquisitions. We also added flexible manufacturing capacity in our advanced process technologies and improved our supply chain.”

Read the full press release.

{complink 3297|Maxim Integrated Products Inc.}

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