UPDATE 1-Smart-device launches set to boost Laird revenue (March 1)

Reuters

(Corrects paragraph 7 to say Laird supplied antennae, notanti-heat devices, for the London Underground)

March 1 (Reuters) - Laird Plc, whose productsinclude electronic components used in Apple Inc's iPhones and iPads, said it expected 2013 revenue to be boostedby the product launches of three or four of its customersdespite a relatively flat start to the year.

Though the launch dates are not yet official, industrywatchers expect iPhone 5S and iPad Mini to hit stores around thethird quarter, right after Samsung Electronics Co Ltd's Galaxy Note 8.0 and Galaxy Fonblet.

"We tend to get a big kick every time a customer launches anew product and we have got a number of customer productlaunches timed around the mid year," Chief Executive DavidLockwood told Reuters.

Apple, which contributed 19 percent to Laird's overallrevenue in 2012, is the company's largest client in itssmart-phone business, which also includes Samsung.

In the final quarter of 2012, when the iPhone 5 had enteredall markets, Wall Street estimated Apple sold between 47.5million and 53 million iPhones, up considerably from the 26.9million sold in the previous quarter.

Laird, which makes electromagnetic shielding and heatcontrol components for wireless devices, reported a 17 percentrise in full-year underlying pretax profit to 60.7 millionpounds, propped up by acquisitions and growing demand in thesmart-device market.

The company, which also makes smart chips for GPS and radiosystems in cars, supplied antennae for the wireless systemVirgin Media Inc installed in the London Underground intime for the 2012 London Olympics.

Laird's shares were marginally up at 248.6 pence on theLondon Stock Exchange at 0955 GMT on Friday. ($1 = 0.6588 British pounds) (Reporting By Richa Naidu; Editing by Robin Paxton and DonSebastian)

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