| Business Summary | | Sipex
Corporation
is
a
semiconductor
company
that
designs,
manufactures
and
markets
precision,
high
performance,
high
value-added
analog
integrated
circuits.
Virtually
all
of
Sipex
products
are
components.
Sipex
offers
a
broad
range
of
high
performance,
high
value-added
analog
integrated
circuits.
Sipex's
products
are
broken
down
generally
into
the
following
categories:
networking
products,
power
management
products,
electroluminescent
products,
and
data
converter
products.
In
the
fourth
quarter
of
2000,
Sipex
adopted
an
end-of-life
strategy
for
the
discontinuance
of
its
line
of
assembled
and
ASSP
products,
which
were
supplied
principally
to
commercial
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sipex
designs,
manufactures,
and
markets
innovative,
high
performance,
high
value-added
analog
integrated
circuits.
For
the
six
months
ended
6/30/01,
net
sales
decreased
31%
to
$40.3
million.
Net
loss
totalled
$10.6
million
vs.
an
income
of
$4.4
million.
Revenues
reflect
the
impact
of
excess
inventory
and
reduced
consumption
industry
wide
in
the
semiconductor
industry.
Loss
reflects
continued
process
development
in
the
new
wafer
fabrication
facility. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Donegan, 55 Chairman
and CEO | $313K | $2.4M | Stephen Parks, 40 Pres
and COO | 340K | 342K | Frank DiPietro, 53 CFO,
Exec. VP-Fin., Treasurer and Clerk | 240K | 2.0M | Raymond Chow, 52 Sr.
VP of Interface Products and CTO | 201K | 1.5M | Yener Gurler, 61 Sr.
VP- Operations | 197K | 1.5M | Dollar
amounts are as of 31-Dec-2000 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
|
|