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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (2114)	12/31/1998 2:15:00 PM
From: tech101	Read Replies (1) \| Respond to of 4710

The Colorado Springs facility is crucial: In the first page of the 1998 Annual Report received 12/30/98 from Vitesse: … Revenue increased sequentially by more than 10% each quarter, and with the output from the new fab in Colorado Springs we were able to make significant strides in meeting our customers' requirements. The Colorado Springs facility is the world's first commercial six-inch GaAs wafer fab. We began construction of this facility in November 1996, completed the clean room by July 1997, ….. We started shipping the first products from this fab in March 1998 and are currently continuing the production ramp to meet the growing needs of our customers. With its current equipment set, the fab should be able to produce approximately $200 million per year in incremental revenue. With additional equipment and personnel, the capacity can be expanded to nearly $400 million. In addition to generating the added manufacturing capacity, the use of six-inch wafers and a very simple CMOS-like process and equipment set gives Vitesse a considerable cost advantage over any of the bipolar processes such as ECL, or Silicon-Germanium. …