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To: pat mudge who wrote (3725)	6/12/1998 9:04:00 AM
From: yousef hashmi	Read Replies (2) \| Respond to of 6180

DOW JONES 90-DAY NEWS/RETRIEVAL Int'l News & Research Services Story Date : 98/06/11 2 06/11 T LSI Logic/Asia -2: Weak Yen Has Neutral Effect On Japan Rev By David P. Hamilton TOKYO (Dow Jones)--LSI Logic Corp. (LSI) of the U.S. continues to experience 'rapid' revenue growth in Asia outside Japan despite the region's economic crisis, according to Chairman, President and Chief Executive Wilfred Corrigan, although he admitted that the downturn has slowed LSI Logic's momentum. 'From a business perspective, we're still experiencing rapid growth in non-Japan Asia,' Corrigan told Dow Jones Newswires. 'The crisis hasn't affected our growth, although it has slowed its rate.' Corrigan said that LSI Logic expects its revenue from Asia outside Japan to double in the current fiscal year, but said that barring the regional financial crisis that erupted in July last year, it might have tripled or more. Still, he said LSI Logic is benefiting from strong demand for a new family of standard-design chips for consumer-electronics devices ranging from digital videodisk players to digital still cameras. In Japan, Corrigan said that the company hasn't been seriously affected by the nation's economic downturn, adding that unit sales of its mostly custom-made chips have largely met internal forecasts. In revenue terms, however, the weakening yen has cut LSI Logic's dollar earnings from Japan, he said. LSI Logic, however, adds that because the weak yen also cuts its production costs in Japan, the effect of the weak yen is mostly revenue-neutral. (END) DOW JONES NEWS 06-11-98 10:37 PM