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Technology Stocks : LSI Corporation

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To: who wrote ()1/4/2000 8:17:00 AM
From: Paul Lee   of 25814
 
LSI Logic Achieves Milestone of 19 Million Fast Ethernet Ports Shipped

Fast Ethernet ASIC Solution Contributes to Rapid Growth of HP in Networking

Market; Confirms LSI Logic as Leading IC Supplier to Industry

MILPITAS, Calif., Jan. 4 /PRNewswire/ -- LSI Logic Corporation (NYSE: LSI), the System-on-a-Chip Company(R), today announced that it shipped over 19 million Fast Ethernet 10/100 MAC ports in 1999. This constitutes a 35.4 percent market share, based on an anticipated 1999 industry total of 53.6 million Fast Ethernet 10/100 MAC ports shipped, as published by Dell'Oro Group during the third quarter of last year.

These results confirm LSI Logic's leadership in providing local area network (LAN) integrated circuits (IC) to the networking market. The milestone also demonstrates that, as a major supplier of Fast Ethernet chips, LSI Logic has been a key contributor to the rapid growth of both established and upcoming players in this explosive market.

"LSI Logic has continually provided superior design support, enabling HP to design and deliver cost-effective, high performance ASIC solutions for the rapidly growing Ethernet Layer 2 switching market," said Joe Curcio, program manager for HP ProCurve Networking at Hewlett-Packard Company. "In fact, Dell'Oro Group recently reported that in the third quarter 1999, HP moved to the fourth-largest worldwide vendor of Ethernet Layer 2 10/100 switch ports. We expect our customers will continue to recognize the quality and value of the HP ProCurve networking products that feature LSI's chips."

"LSI Logic has been providing silicon to the networking industry since the company's inception, so it's gratifying to accomplish a milestone such as this, and to receive third-party recognition as a leading supplier of LAN IC's," said Majid Bemanian, director of marketing for LSI Logic's Networking Division. "We take special pride when we contribute to our customers' success, and are very excited to be part of HP's incredible growth. It is these types of customer success stories that strengthen our leadership position, and confirm that we will continue to be a major player in this industry."

LSI Logic customers can choose from a library of cores, including the Ethernet 1000 Mbps MAC and PHY cores, HyperPHY and GigaBlaze high-speed serial transceiver cores, ARM(R) and MIPS microprocessors, and new ZSP, EDRAM and EFPGA capabilities. With this variety, customers can design customized system-on-a-chip solutions that are scalable and expandable to address both their immediate and long-term needs.
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