Mr. Fishman noted that overall order trends were very encouraging during the first quarter, particularly in January. ''OEM
orders rose 10% sequentially, reaching a book-to-bill ratio of 1.1. Our OEM backlog increased by more than $20 million,
increasing our visibility for second-quarter revenues. Bookings that our distributors received from their customers increased
sequentially for the first time in many quarters, and as a result, our book-to-bill ratio through distribution exceeded 1.0.
From ADI NN's chip supplier:
''The communications market was our strongest market segment during the first quarter,'' he continued. ''Communications
customers represented 39% of our OEM revenues, up from 21% a year ago, as revenues from this segment grew 60%
compared to the same period last year. Revenues from PC OEMs also increased as our power management and monitoring
products continue to gain market share. Industrial customers, including ATE, continued to be weak, although we did see
some signs of improvement late in the quarter. Overall, non-ATE analog
revenues grew 3% sequentially and DSP revenues
grew 6% sequentially. ATE and assembled product revenues both declined sequentially, as expected.
Zbyslaw |
