| | Business Summary | | LSI
Logic
Corporation
is
engaged
in
the
design,
development,
manufacture
and
marketing
of
complex,
high-performance
integrated
circuits
and
storage
systems.
Its
integrated
circuits
are
used
in
a
wide
range
of
communication
devices,
including
devices
used
for
wireless,
broadband,
data
networking
and
set-top-box
applications.
The
Company
also
provides
other
types
of
integrated
circuit
products
and
board-level
products
for
use
in
network
computing
applications,
high-performance
storage
controllers
and
systems
for
storage
area
networks
(SANs).
The
Company's
products
are
marketed
primarily
to
original
equipment
manufacturers
that
sell
products
targeted
for
applications
in
four
major
markets,
which
are
broadband
communications,
networking
infrastructure,
storage
infrastructure
and
SAN
systems. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | LSI
is
a
leading
supplier
of
communications
chips
for
broadband,
data
networking,
wireless
and
set-top
box
applications.
For
the
six
months
ended
6/30/01,
revenues
fell
22%
to
$982.4
million.
Net
loss
totalled
$343.7
million,
vs.
an
income
of
$156.8
million.
Revenues
reflect
decreased
demand
for
the
Company's
products
due
to
the
overall
economy
slowdown.
Net
loss
also
reflects
increased
charges
for
amortization
of
intangibles
and
higher
restructuring
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Wilfred Corrigan, 63
Chairman,
CEO | $2.3M | $48.9M | Bryon Look, 47
CFO,
Exec. VP | -- | -- | John D'Errico, 57
Exec.
VP, Storage Components | 739K | 4.0M | Bruce Entin, 49
Exec.
VP - Networking Infrastructure Group | -- | -- | Thomas Georgens, 41
Exec.
VP, SAN Systems | 570K | 3.0M | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/l/lsi.gif)