In the year 2011 we expect further penetration in diverse markets.

Richardson Electronics Limited has a long history of doing business with India, from both our head office in LaFox, Illinois and regional office in Singapore. Since the establishment of our office in India April 2006, our sale has achieved a CAGR of 70 percent. Our estimated sales revenue for financial year 2010 (which ends in May 2010) was more than doubles than 2009.

On your areas of operation

Our business in India include RF power transistors, RF amplifier modules, connectors, capacitors and other passive devises, going into different applications ranging from radar, communication, broadcast and a host of industrial, scientific and medical applications. Major markets include renewable energy, defense and aerospace, infrastructure, power, and contract manufacturing.

On future growth

India represents an important market for Richardson Electronics, both due to its growth potential and due to its diversity of market segments. The cellular infrastructure, WiMax interest, digital broadcast, military and aerospace programs, renewable energy, Industrial controls, Electric vehicles and Illumination technologies will provide important pillars for long-term growth. The market growth and market diversity will provide opportunities for both component and engineered solutions products, niche to the emerging markets of India and well supported by our value-addition as an important function of our business model.

On major projects done

During the past year, we have done numerous designs in to support RF Front ends for various applications including TRM and MPR radar, CDMA and GSM repeaters, digital broadcast, mobile radios, energy meters, and Power solution for street lighting, motor control, and wind turbines. In financial year 2011, we expect further penetration into both defense and renewable markets. Marketing sub systems and sub assemblies, addressing communication, broadcast and power in financial year 2011 will be fruitful for future growths. The current Made in India movement supported by the government is likely to boost domestic production of infrastructure equipment this year by at least 30 percent. Richardson Electronics' sales into India are forecasted to grow by 50 percent in financial year 2011, which begins in June 2010.