Interesting quotes from CEOs and CFOs on recent earnings conference calls, discussing their companies and markets:
LSI Logic CEO Abhijit Talwalkar
We stayed focused on maintaining our leading market segment share position in DVD recorders, while opening up new opportunities in the consumer market. To address the geographic requirements as the world transitions from analog to digital, we announced the availability of new DVDR and iDTV set-top box products, such as the DoMiNo 8604 and the DoMiNo 8833.
...Clearly, however, second half was a challenging half from a consumer revenue perspective, as we were dealing with some expected decline on our portable audio player business and some expected softness in the DVDR market, as we've discussed in the last earnings call.
See the full LSI Logic conference call transcript.
Intersil CEO Rich Beyer
Revenue into the high-end consumer market represented approximately 29% of fourth quarter revenue. On an absolute dollar basis, revenues into the high-end consumer market increased 3% year-over-year and increased 13% sequentially. We saw solid demand for our three major product areas, handhelds, LCD displays and optical storage.
In handhelds, we experienced single-digit sequential growth in Q4. In particular, we saw very strong demand from two Tier 1 handset customers for our battery charger and over voltage over current protection ICs. Our design momentum continues as we secured several significant design wins related to these products.
Our new product introductions were strong as well. We released the Lithium ion/Lithium polymer battery charger that accepts two power sources for the cradle and USB, offering customers cost and board savings, space savings. These chargers are ideal for smart handheld devices, cell phones, PDAs, MP3 players, digital still cameras, and handheld test equipment. We secured a design-win for this device with one of our Tier 1 customers for a cell phone and are already shipping this product. We are currently engaged in numerous additional opportunities for this device.
See the full Intersil conference call transcript.
Agere CEO Rick Clemmer
Our storage business made recent headlines when we announced the BluOnyx mobile content server. This is a new consumer product category that enables users to store, stream and share music, videos and documents among different devices including cell phones, PC, digital cameras and camcorders. We see it's potential to bring people especially young people together to share content including music, game and video in a social setting. We are currently in active discussions with a variety of consumer electronic device makers and service providers to get the product to market before the end of the year. Perhaps the most important aspect of the BluOnyx device is what it says about how Agere has changed. BluOnyx [wasn’t] years in the making and didn’t require millions of dollar in R&D investment. What it did require was some creative thinking and teamwork. BluOnyx went from concept to product in just five months, [incorporating] existing IP from all three businesses to address an adjacent market opportunity. Similar to our TrueONE development approach, we are identifying additional ways to create added value from existing IP.
See the full Agere conference call transcript.