LSI Logic news. Digital video is not its main business..........
LSI Logic Named Leading Consumer Electronics Chip Supplier by Dataquest
Dataquest gives LSI Logic high rankings in multiple product categories targeted for high volume growth
MILPITAS, Calif., Oct. 14 /PRNewswire/ -- LSI Logic Corporation (NYSE: LSI) the leading systems-on-a-chip company today announced it has received top industry rankings as a leading chip supplier to next-generation consumer electronics systems. In the recently published 1996 Consumer Electronic Semiconductor Market Share report, Dataquest ranks LSI Logic in the number two position behind Sony for semiconductor shipments used in next generation consumer electronics systems. LSI Logic's ranking represents a 12.6 percent worldwide market share in next-generation consumer electronics. "LSI Logic has continually invested in state of the art multimedia technology for the consumer electronics industry, and we are proud to receive leadership rankings from a renowned source like Dataquest," said Wilf Corrigan, Chairman and CEO of LSI Logic. "Using LSI's proven system-on-a-chip capabilities, we are leveraging our technology and manufacturing experience to address high-volume consumer markets." In other significant rankings, Dataquest places LSI Logic number two for 1996 worldwide revenue in the category of "Direct Broadcast Satellite Set Top Boxes" with a 27.6 percent market share. LSI Logic was ranked number two in the category of "MPEG-2 and AC-3 Decoder ICs," with 23.6 percent market share. Dataquest's category of "Next-Generation Consumer Electronics Products" include DBS set-top boxes, digital cable set-top boxes, 32-/64-bit video game controllers, video CD players, digital still cameras, digital camcorders for digital video, and DVD video players. Dale Ford, Senior Industry Analyst for Semiconductor Application Markets at Dataquest, said, "LSI Logic's aggressive pursuit of the Next-Generation Consumer Electronics segment has allowed it to capture nearly 13 percent of this market segment. LSI Logic is a leading player in five of the seven major product segments in this category with major contributions in DBS Satellite Set-top Boxes and video games. This strong, diversified market presence places LSI Logic in a very solid competitive position in a market that Dataquest forecasts will experience very high growth." "LSI Logic was one of only four companies in the top 15 to experience positive growth in the consumer electronics segment in 1996," said Mr. Ford. LSI Logic's 41.6 percent revenue growth dwarfed the increases of the other four companies with positive revenue growth. "This is a significant achievement given the high level of competition in this segment coming from both established consumer electronics companies and other top semiconductor companies," Mr. Ford remarked. The report summarizes Dataquest's second annual comprehensive study of the semiconductor companies supplying the market for consumer electronics products. Rankings, market share, revenue data, and selected unit shipment information for semiconductor suppliers are presented for key areas in the consumerhigh-performance semiconductors, with operations worldwide. The company enables customers to build complete systems on a single chip with its CoreWare(R) design program, thereby increasing performance, lowering system costs and accelerating time to market. LSI Logic develops application-optimized products in partnership with trendsetting customers, and operates leading-edge, high-volume manufacturing facilities to produce submicron chips. LSI Logic is headquarters at 1551 McCarthy Blvd., Milpitas, California 95035, 408-433-8000, www.lsilogic.com.
SOURCE LSI Logic Corporation /NOTE TO EDITORS: The LSI Logic logo design and CoreWare are registered trademarks, and The System on a Chip Company is a trademark of LSI Logic Corporation. All other brand or product names may be trademarks or registered trademarks of their respective companies. Reader inquiries should be directed to 800-574-4286 within the US and Canada, or 32-11-300351 within Europe, or 408-433-7700 for all other countries. Ask for Dept. CPNR14. Copies of LSI Logic news releases can be obtained through FAXLOGIC at 800-457-4286. Please do not assign a Reader Service number to this release./ /CONTACT: Jim Pena, 408-433-7759, email: jimp@lsil.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 516675/ (LSI) |