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What’s bad for publishers is great for readers Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Tue Feb 7, 2012 2:29am EST (Reuters) - British chipmaker Wolfson Microelectronics plc posted a wider operating loss due to weak customer demand, and forecast first-quarter revenue below analyst expectations. Wolfson, whose audio chips are used in Samsung smartphones and Amazon's Kindle ebook reader, fourth-quarter operating loss was $7.2 million, compared with $1 million, a year ago. Revenue fell 20 percent to $36.9 million. The Edinburgh-based company expects first-quarter revenue to be $26-$32 million, below estimates of $33 million, according to Thomson Reuters I/B/E/S. Wolfson has been hit by slower-than-expected product launches at its customers, derailing its long-term recovery plan after being ousted from Apple Inc products in recent years. The company expects new launches and customers to contribute to incremental revenue in 2012. For 2012, Wolfson said it was comfortable with the current market consensus. (Reporting by A. Ananthalakshmi in Bangalore; Editing by Anthony Kurian) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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