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Product category: Intellectual Property Cores
News Release from: LSI Europe
Edited by the Electronicstalk Editorial Team on 26 January 2007

Storage products fuel LSI's strong
quarter

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LSI Logic Corp has reported fourth quarter 2006 revenues of US $524 million, a 3% increase year-over-year compared with the $506 million reported in the fourth quarter of 2005.

LSI Logic Corp has reported fourth quarter 2006 revenues of US $524 million, a 3% increase year-over-year compared with the $506 million reported in the fourth quarter of 2005, and up 6% sequentially compared with the $493 million reported in the third quarter of 2006 Fourth quarter 2006 GAAP net income was $59 million or 14 cents per diluted share, compared with fourth quarter 2005 GAAP net income of $38 million or 9 cents per diluted share