| Business Summary | | Integrated
Circuit
Systems,
Inc.
was
initially
engaged
in
designing
and
marketing
custom
application
specific
integrated
circuits
(ASICs)
for
various
industrial
customers.
In
particular,
the
Company
focused
on
designing
ASICs,
which
combined
both
analog
and
digital,
or
mixed-signal,
technology.
By
1988,
the
Company
had
adopted
a
strategy
of
developing
proprietary
integrated
circuits
(ICs)
to
capitalize
on
its
complex
mixed-signal
design
technology
and
pioneered
the
market
for
frequency
timing
generators
(FTGs)
or
silicon
timing
devices
which
provide
the
timing
signals
or
"clocks"
necessary
to
synchronize
high
performance
electronic
systems.
More
recently,
the
Company
has
further
extended
into
communications,
which
develops
high
performance
clocking
solutions
supporting
networking,
telecommunication,
workstation
and
server
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Integrated
Circuit
Systems
designs,
develops,
and
markets
silicon
timing
devices
for
consumer
and
business
electronics.
For
the
fiscal
year
ended
6/30/01,
revenues
rose
14%
to
$188.3
million.
Net
income
before
extraordinary
item
rose
80%
to
$56.5
million.
Revenues
reflect
an
increase
in
sales
of
core
silicon
timing
products.
Net
income
also
reflects
a
higher
gross
margin
due
to
a
favorable
shift
in
product
mix
and
the
inclusion
of
a
$2
million
insurance
proceed. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Henry Boreen, 73 Chairman | -- | -- | Hock Tan, 48 Pres,
CEO, Director | $572K | $365K | Justine Lien, 38 CFO | 288K | 16K | Lewis Eggebrecht, 56 VP
and Chief Scientist | 338K | 24K | Dollar
amounts are as of 1-July-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
|
|