Broadcom Q100 CC:
CFO:
-191.3mil in sales, up 19% QoQ, 91% YoY.
-58.7% GMs, down .4% QoQ. OM=27%-up despite aggressive pricing efforts.
-Motorola (GI included)=24.2% of revs, 3Com=18.5%, Cisco 11.6%.
-STB accelerated, CMs up sharply-almost all are DOCSIS 1.1, networking was eld by GbE.
-HN, ADSL inc.
-1200+ employees, up 265 QoQ (800+ are engineers!).
-4-5mil in exp from 3 aqs, SG&A=9.6%.
-Inc tax rate is improving to 20% from 25%-will stay there for 2000/01.
-Continuing aggressive acqs foe time-to-market and IP.
-Cash-326mil, up 51mi l QoQ.
-DSO=44, down 8 QoQ (no Taiwan effect this Q). Inv turs=10, down QoQ.
CEO: Henry Nicholas
-Cable markets-STB ramping ahead of expecs. Basic one way boxesadvanced boxes. Video deliveryNet gateway. Basic graphics3D features.
-Wireless-Cisco partnership for VOFDM-40Mbps PTMP bband access-H2?00.
-Sampling single chip CMOS tuner-STB/CM-may replace GaAs/BiCMOS counterparts-sampling to leading vendors-fabbed at TSMC-can lower manufacturing costs, power dissipation for CM/STBs. 2nd gen can repalce tuners in TVs and VCRs.
-Networking-significant acceleration in GbE rollout-ahead of forecasts-13+ vendors-2ng gen intro soon. FE-100,000,000 cumulative ports shipped this Q-now integrating features into components for delivery of IP telephony.
-DSL-milestone-250,000th VDSL transceiver shipped. Have focused on successor to ADSLVDSL-52Mbps downstream, 6Mbps up. Potential is growing-can deliver VDSL at ADSL prices. USWest and Bell Canada offering VDSL services-strong response. Entering ADSL market H2?00.
-HN-ramping ahead of expecs-in volume prod of HPNA2.0-100% market share-Comapq, Dell, IBM...Can become ubiquitous inter-home connector. Used in all CM/STB reference designs. First DOCSIS cert this Q-Moto.
-Closed 3 acqs-BlueSteel-comm security processors-useful in all bus units-high performance Gigabit encryption/proc. Important for cable access networks-supplies security for e-commerce, VPNs, etc. Stellar Semi-high end 3D graphics architecture for low cost where HDTV decoder is included-gives significant software expertise-support online gaming via Microsoft Network. Digital Furnace-tech for multiple units-CMs/STBs. Specialized algorithms for better throughput for converged streams-3x better than today?s numbers. Can be applied to DSL as well.
Q&A:
-Cisco ?wanted more stuff?-strength across all areas-Ca headend, switching, etc.
-ADSL interop test going on now at algorithm level. Samueli-CTO-founded Parigain-experience.
-No revs from 3 acqs in Q1
-Tuner is meeting all specs for jitter and noise. Blowing away P performance of everyone else.
-ROBOswitch-2mil ports-category leader-StrataSwitch=L3L7. ROBO is replacing hubs and repeaters. Huge success with Strata at high levels. Future=more features for ROBO, lower price for Strata. ?Most everyone of significance is using ROBO and Strata...?
-GbE-any PR about GbE-over-copper uses Broadcom Si. Server connections now-ramping rapidly. 10100 cycle was less rapid then 1001000 transition. Strength at both NIC and infra levels.
-StrataSwitch has seamless interface to GbE copper or fiber. Significant R&D spent on optical market.
-End prods that implement Strata aren?t even out yet-will use full feature set.
-ADSL-multirate, G.heavy.
-2nd gen tuner in H2?00. V.90+HPNA2.0 in Q2. 10Mb HN H2?00.
-VDSL-Next Level partnership. Working with everyone-CSCO, NT, COMS, ASC, DSC, ALA, MOT, Thomson, Samsung...one of highest growth levels.
-Shipping single-chip DBS to customers-RF procdelivers MPEG content out. Working on next-gen for DBS-will become more material. Working with leading service providers for DBS. MMDS (VOFDM) works w/o line-of-site issues.
-HN already taking off-15mil households have 1+ PC. |
