Modem giant US Robotics made $69 million profit in its first quarter, a rise of 66 per cent over last year, thanks to demand for Internet access hardware.
In the quarter to 29 December, USR reported turnover of $645.4 million, up 77 per cent. Chief operating officer John McCartney admitted that an 80 per cent increase in demand for USR?s Internet access products - modems and the Pilot organiser - was behind the impressive figures.
But McCartney warned that Internet service providers must adopt USR?s 56Kbps X2 technology, which doubles the speed of dial-up access to the Internet and corporate networks, quickly, if the company is to continue its rapid rate of growth.
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