A bit more on AMCC
biz.yahoo.com
Sales to Nortel Networks, Inc., and its contract
manufacturers, accounted for 20% and 27% of net revenues for the three and six months ended September 30, 2000, respectively, as compared to 36% and
33% for the three and six months ended September 30, 1999, respectively. Sales to Insight Electronics, Inc., our domestic distributor, accounted for 18% of
net revenues in both the three and six months ended September 30, 2000, compared to 15% for both the three and six months ended September 30, 1999.
Sales outside of North America accounted for 15% and 17% of net revenues for the three and six months ended September 30, 2000, respectively, as
compared to 21% and 23% for the three and six months ended September 30, 1999.
Our customers are concentrated, so the loss of one or more key customers could significantly reduce our revenues and profits.
A relatively small number of customers has accounted for a significant portion of our revenues in any particular period. We have no long-term volume purchase
commitments from any of our major customers. We anticipate that sales of products to relatively few customers will continue to account for a significant portion
of our revenues. If a significant customer overstocked our products, additional orders for our products could be harmed. A reduction, delay or cancellation of
orders from one or more significant customers or the loss of one or more key customers could significantly reduce our revenues and profits. We cannot assure
you that our current customers will continue to place orders with us, that orders by existing customers will continue at current or historical levels or that we will
be able to obtain orders from new customers. |
