XLNX CEO Willem Roelandts
XLNX Company Information:
Leading supplier of complete programmable logic solutions.
Solutions enable customers to reduce the time required to develop products.
Products used in computer, peripheral, telecom, networking, industrial control, aerospace, defense and consumer markets.
Develops, manufactures and markets advanced integrated circuits, software design tools and intellectual property.
Has more than 5,000 customers worldwide.
Customers include ALA, CSCO, EMC, ERICY, IBM, LU, HWP, SNE, MOT, NOK, NT and SUNW.
Sells products through independent sales organizations, manufacturer representatives and distributors.
Founded in 1984
Headquarters in San Jose, CA
Approximately 2,600 employees
Yearly high: 98.31
Yearly low: 29.79
Market cap: $14.7b
Top competitors: ALTR, ATML and CY
XLNX down 0.02 to 44.78
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Interview:
Roelandts says that they make programmable electric devices, to do certain logic functions normally achieved by specially manufactured chips.
Most of their products go into the communications sector. They are not a specialty chip manufacturer, they focus on general chips. 75-80% of business is in the communications sector (Internet infrastructure to wireless, etc.) and about 20% is in the high-end computing sector.
XLNX communications sector is not doing well, it’s in a recession, with bad news from customers.
IBM partnership is going very well, expecting first product to be introduced later this year.
They have not seen any improvements yet. They expect to see a slowdown of the negative momentum in the September Q, due to new products.
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