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To: Proud_Infidel who wrote (5079)	7/23/2004 8:18:24 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 5867

Malaysian foundry triples sales in Q2, sees slower Q3 By Peter Clarke Silicon Strategies 07/23/2004, 7:00 AM ET KULIM, Malaysia -- Silterra Malaysia Sdn. Bhd., a foundry chipmaker, achieved record sales of $47.8 million for the second quarter ended June 26, 2004, the company reported Friday (July 23). While forecasting an excellent year for Silterra Bruce Gray, the company's interim CEO, said that the third quarter showed signs of a seasonal slowdown and that in some sectors, such as consumer electronics, orders had also slowed due to inventory build-up during the first half of 2004. The company did disclose full financial details but said that the second quarter was the company's third consecutive quarter of profit before tax, depreciation and amortization. The sales are a 29 percent increase over the prior quarter and an increase of 212 percent over the same quarter a year ago and a 29% increase over the prior quarter. "This has been an amazing year for Silterra. Our relentless effort to improve our financial and operational performance has resulted in the best quarter ever," said Gray, chief operating officer and interim CE0, in a statement. "To put it in perspective, our revenue for the first half of this year has already surpassed the total revenue for the entire year of 2003," he added. During the quarter, Silterra shipped a record number of wafers to customers while simultaneously improving the blended average selling price per wafer by almost 10 percent on a year-over-year basis. Silterra sales were predominantly in North America which contributed 73 percent of Silterra's revenue and Asia accounted for 27 percent. The company expects the revenue share for Asia will increase as the company continues to expand its customer base in the region. The company also anticipates its first European customers to initiate production ramps by the end of 2004. "For the third quarter, we are seeing more challenging market conditions as we experience the industry's typical seasonal summer slowdown," added Bruce Gray. "In addition, bookings in some market segments, such as consumer products, have slowed a bit as the result of inventory build up during the first half of the year. Overall, 2004 should still be an excellent year for Silterra and for the semiconductor industry." Silterra has taken steps to strengthen its position in the foundry space by joining forces with IMEC, a leading nanoelectronics R&D consortium in Europe, to create a foundry standard 0.13-micron CMOS technology and it has ordered copper interconnect processing equipment from Applied Materials for its advanced technology production. Silterra's 0.13-micron technology is scheduled for proto-typing in Q1 2005 and production in Q2 2005.

To: Proud_Infidel who wrote (5079)	7/23/2004 12:22:43 PM
From: Proud_Infidel	Respond to of 5867

Broadcom Breaks Sales Record Online staff -- Electronic News, 7/22/2004 Broadcom Corp.'s revenue hit a new record in Q2, coming in at $641.3 million, a sequential increase of 11.8 percent and an increase of 69.7 percent from Q2 2003. The June quarter sales, which marked the company's twelfth consecutive quarter of revenue increases, showed the strongest growth on a sequential basis in the company's broadband communications and enterprise networking businesses, Broadcom said. "Broadcom's continued focus on new product and end market development has enabled the company to once again attain record revenues and strong cash generation," said Alan E. Ross, Broadcom's president and CEO, in a statement. "Broadcom's broad product portfolio and many end market exposures uniquely position the company to benefit from the convergence of voice, video and data services, whether over wired or wireless networks. These benefits are reflected in the strong sequential and year-over-year revenue growth rates we demonstrated in the second quarter, and also in strong cash generation, as cash and marketable securities on hand grew by $167.1 million sequentially." Income in the quarter was $63.8 million or 18 cents per share, compared with income of $39.9 million or 12 cents per share for Q1, and a net loss of $891.7 million or $3.08 per share for Q3 2003. Revenue for the six months ended June 30 was more than $1.2 billion, an increase of 72.2 percent from the $705 million reported for the six months ended June 30, 2003. Income for the first six months was about $104 million or 30 cents per share, compared with a net loss of nearly $960 million or $3.39 per share for the first six months of 2003. "Broadcom remains committed to continued new product and end market expansion," Ross concluded. "As consumers, businesses and service providers seek new and innovative means of communication and converged distribution of voice, video and data services, Broadcom is the vendor with the right hardware and software solutions to make these desires a reality."