Historical Stock Data on LSI Logic Corporation

Free Historical Stock Data on LSI Logic Corporation

Stock Symbol: LSI

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Business Description
LSI Logic Corporation is engaged in the design, development and manufacture, and marketing of complex, high-performance integrated circuits (ICs) and storage systems. The Company is focused on four markets: communications, consumer products, storage components and storage systems. Its ICs are used in a range of communication devices, including devices used for wireless and broadband data networking applications. LSI also provides other types of IC products and board-level products for use in consumer applications, high-performance storage controllers and systems for storage area networks. The Company operates in two segments: the Semiconductor segment and the Storage Systems segment, in which it offers products and services for a variety of electronic systems applications. Its products are marketed to original equipment manufacturers (OEMs) that sell products targeted for applications in its major markets.

Financial Information
For the six months ended 6/30/04, revenues rose 15% to $900.3M. Net income totaled $16.3M, vs. a loss of $284.5 million. Revenues reflect an increased demand for semiconductors used in storage component applications. Earnings also reflect the absence of $160.2 million restructuring charges.

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