CML Microsystems PLC has announced the posting of its annual report and accounts for the year ended 31 March 2024, along with the notice of the Annual General Meeting (AGM). Shareholders can access these documents on the company's website. The AGM is scheduled to take place on Tuesday 13 August 2024 at the Pontlands Park Hotel in Chelmsford, Essex. The meeting will consider the Resolutions set out in the Notice of AGM, and details on how to join the meeting in person are provided in the 2024 Notice of AGM.
CML Microsystems PLC, which develops mixed-signal, RF, and microwave semiconductors for global communications markets, has a diverse, blue-chip customer base, including leading commercial and industrial product manufacturers. The company utilizes a combination of outsourced manufacturing and in-house testing, with trading operations in the UK, Asia, and the USA. CML targets sub-segments within communication markets with strong growth profiles and high barriers to entry, which helps protect the business from the cyclicality usually associated with the semiconductor industry.
The growth in CML's end markets is being driven by factors such as the increasing demand for faster and more secure data transmission, the global upgrading of telecoms infrastructure, and the growing prevalence of private commercial wireless networks for voice and/or data communications linked to the industrial internet of things (IIoT).
For further information, shareholders and interested parties can visit the company's website or contact the provided advisory and PR representatives.