| Business Summary | | QLogic
Corporation
is
a
designer
and
supplier
of
Storage
Area
Networking
(SAN)
infrastructure
building
blocks.
Its
SAN
infrastructure
building
blocks,
comprised
of
semiconductor
chips,
host
board
adapters
and
switches,
are
integrated
into
storage
networking
solutions
of
the
world's
leading
system
and
storage
manufacturers.
Companies
such
as
Sun
Microsystems,
Inc.,
IBM,
Dell
Computer
Corporation,
Compaq
Computer
Corporation,
Fujitsu
Microelectronics,
Inc.
and
Hitachi
Ltd.
all
use
some
or
all
of
its
components
in
the
storage
and
systems
solutions
they
sell
to
the
world's
largest
information
technology
environments.
In
addition
to
its
original
equipment
manufacturer
relationships
with
these
and
other
companies,
in
January
2000
the
Company
started
delivering
selected
Fibre
Channel
building
blocks
through
leading
distributors,
systems
integrators
and
resellers,
thereby
expanding
its
reach
and
visibility
to
the
information
technology
community. | More from
Market Guide: Expanded
Business Description |
| Financial Summary | | QLGC
designs
and
supplies
semiconductor
and
board
level
input/output
(I/O)
products,
which
provide
a
high
performance
interface
between
computer
systems
and
their
attached
data
storage
peripherals,
and
semiconductor
enclosure
management
products.
For
the
three
months
ended
7/1/01,
revenues
rose
17%
to
$89.9
million.
Net
income
fell
2%
to
$19.2
million.
Results
reflect
higher
demand
for
Fiber
Channel
solutions,
offset
by
increased
R&D
and
selling
and
marketing
expenses. | More from
Market Guide: Significant
Developments |
| | | | FY2001 Compensation | | Pay | Exer | |
| H. Desai, 55 Chairman, Pres, CEO | $905K | $11.2M | Thomas Anderson, 57 CFO, VP | 369K | 2.0M | Mark Edwards, 43 Sr. VP and Gen. Mang., Systems Groups | 361K | 1.1M | Robert Miller, 45 VP-Operations | -- | -- | Lawrence Fortmuller, Jr., 52 VP, Customer Services | 283K | 7.5M | Dollar amounts are as of 1-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More from
Market Guide on Officers & Directors: Expanded List, Bios,
Compensation, Options
|
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