IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

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Mar 29 5:00 PM EST

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To: John Miz who wrote (10705)	3/27/2000 7:59:00 AM
From: John Miz	Read Replies (1) of 11555

03/27/2000 The Wall Street Journal Integrated Device Technology Inc. is expected to announce today that it is forming a new division, dubbed the Internetworking Products division, that will hone the company's focus on making chips for communications markets. Jerry Taylor, chief executive officer of the Santa Clara, Calif., chip maker, said the company will focus on making microprocessors and memories for markets such as networking equipment and phone-company infrastructure. The company will stop most future development of microprocessors for television set-top boxes and printers. Last year, the company shut its graphics-chips business and sold its Winchip microprocessor operation. Mr. Taylor said about 75% of the company's revenue comes from communications chips now.

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