| Business Summary | | NeoMagic
Corporation
designs,
develops
and
markets
high-performance
semiconductor
solutions
for
sale
to
original
equipment
manufacturers
(OEMs)
of
handheld
Internet
appliances.
As
of
fiscal
year-end
2001,
the
Company
had
no
revenues
from
this
product
effort.
Prior
to
April
2000,
the
Company
had
been
focused
on
the
Notebook
PC
Multimedia
Accelerator
market.
All
of
the
Company's
net
sales
have
been
from
the
sale
of
multimedia
accelerators
to
notebook
PC
OEMs,
or
to
third-party
subsystem
manufacturers
that
design
and
manufacture
notebooks
on
behalf
of
the
OEMs.
The
multimedia
accelerator
products
for
Notebook
PCs
were
part
of
the
MagicGraph128
and
MagicMedia256
product
lines,
which
integrated
DRAM
(dynamic
random
access
memory)
with
analog
circuitry,
on
a
single
chip. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NeoMagic
designs,
develops
and
markets
high
performance
semiconductor
solutions
for
sale
to
original
equipment
manufacturers
of
mobile
computing
products.
For
the
three
months
ended
4/30/01,
sales
fell
more
than
99%
to
$80
thousand.
Net
loss
rose
39%
to
$7.3
million.
Revenues
reflect
the
Company's
exit
from
the
notebook
multimedia
market.
Higher
loss
was
partially
offset
by
decreased
R&D
and
sales/marketing
expenses
as
a
result
of
the
market
exit. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
188;
after
tax
earnings
were
-6,948. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Prakash Agarwal, 47 Pres,
CEO | $324K | Stephen Lanza, 41 CFO,
VP-Fin. | 142K | Mark Singer, 41 VP,
Corp. Marketing | 431K | Sanjay Adkar, 44 VP,
Engineering | 404K | Dollar amounts are as of 31-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|