Thursday, June 4, 2009

QLogic 10K

Customer concentration: "Our products are incorporated in solutions from a number of OEM customers, including Cisco Systems, Inc., Dell Inc., EMC Corporation, Hewlett-Packard Company, International Business Machines Corporation, NetApp, Inc., Sun Microsystems, Inc. and many others........Our top ten customers accounted for 84%, 85% and 80% of net revenues during fiscal 2009, 2008 and 2007, respectively."

Fiscal 2009 revenue by reporting segment:
  • Host products: $440.9M up 1%
  • Network products: $117.6M up 16%
  • Silicon products: $61.4M up 39%
  • Royalty and services: $14M up 1%
Wafer foundry: "Our semiconductors are currently manufactured by a number of foundries. Our major semiconductor suppliers are LSI Corporation and International Business Machines Corporation. Most of the ASICs used in our products are manufactured using 180, 130, 90 or 65 nanometer process technology."

Employees: "We had 1,031 employees as of May 14, 2009, including approximately 90 employees related to our acquisition of NetXen in April 2009."