While it previously forecast that revenue would exceed the 38% growth rate recorded in the first three months, it now expects to comfortably top this figure, and said operating profits will significantly exceed previous expectations.

CSR, which was formerly known as Cambridge Silicon Radio, said it sees further sequential growth ahead in the second half of the year, but at lower rates than in the first six months.

The company held an IPO at 2 pounds ($3.64) a share in February, and the shares have now more than doubled to 4.16 pounds ($7.58).