Graphic chip company Nvidia (NASDAQ: NVDA) has posted its full year figures for FY12, the 12 months ending 29 January 2012.

Revenue was $4.0 billion, up 13 percent year-on-year.

Net income was $581 million, up 130 percent.

Q4 revenue was $953 million, up 7.5 percent year-on-year.

All figures are reported using GAAP rules.

Primed for growth

"I am pleased with our achievements last year. Our GPU business grew sharply. And, with the success of Tegra, we established our position in the mobile market," said Jen-Hsun Huang, president and CEO.

"We expect continued growth ahead, as Tegra 3 powers a new wave of quad-core super phones and Kepler, our next-generation GPU architecture, sets new standards in visual and parallel computing."

During the fourth quarter, Nvidia's Tegra 3 chips started shipping in Asus' Transformer Prime tablet. The company has also announced a future $249 tablet will use Tegra 3.

Other manufacturers who have announced Tegra 3 devices include Acer and Lenovo (both tablets), and Fujitsu, which will use it in an Android 4.0 smartphone.

Piling up

Nvidia expects to post FY13 Q1 revenue of between $900 to 930 million.

It ended the fiscal year with cash, cash equivalents and marketable securities of $3.1 billion, up $640 million during the 12 months.

[source: Nvidia]