Better than expected sales in the computer segment and growth in the analog product line helped Diodes, Inc. to report an increase in net income for the second quarter ending June 30, the company announced Wednesday. The semiconductor manufacturer reported net income of $11.4 million, or $0.41 per diluted share, on revenues of $82.7 million. That is a 48 percent increase from the second quarter of 2005 when Diodes posted a net income of $7.7 million, or $0.32 per diluted share, on revenues of $50.6 million. Vice President of Sales and Marketing Mark King attributed second quarter growth to better than expected sales in the computer segment and customer purchase of Diodes analog product line. “We are extremely pleased at the positive customer reception to our broader product line following the acquisition of Anachip, resulting in attractive cross selling opportunities and new product development initiatives combining analog and discrete circuits,” King said. Asia accounted for 70 percent of the Westlake Village-based company’s second quarter revenue. North American sales were 26 percent and Europe contributed 4 percent in total sales.
