Wall Street Transcript Interview the Abhi Talwalkar, President and CEO of LSI Corporation (LSI)

Wall Street Transcript

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Semiconductors Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Semiconductor Capital Equipment - Cloud Computing, Mobile Device Consumer Demand - Semiconductor Inventory Burnoff - Improvement from Cyclical Bottom - Semiconductor Capital Equipment Spending - New Computing Platform Demand

Companies include: LSI Corporation (LSI) and many more.

In the following excerpt from the Semiconductors Report, the President and CEO of LSI Corporation (LSI) discusses company strategy and the outlook for this vital industry:

TWST: Can you give us an overview of the new product cycles in each of your business lines? Which new product cycles, or even specific solutions, represent the best opportunities for the company?

Mr. Talwalkar: We've got a number of product cycles here throughout the year and especially in the second half of the year, exciting across all our product lines. Probably the one where we are seeing the greatest attention is around flash technology, because flash is really being disruptive and helping IT organizations to accelerate applications, as well as drive tremendous reductions in total cost of ownership, TCO. At LSI, one of our leading product families is named Nytro, and Nytro is our PCIe flash acceleration solution.

With Nytro, we've got what we believe is the broadest product offering in the industry, and we have been very successful in growing the number of opportunities across all the big Web-scale companies, like the Facebooks and Microsofts, as well as large financial services companies, J.P. Morgan Chase, Citigroup and BofA and so forth, as well as similar companies outside the U.S. We'll start to see exciting product cycles in the second half with that product.

In other areas, networking is another area that's exciting in terms of new product cycles. We have a flagship multicore network communications processor that's referred to as Axxia, and Axxia has been very successful in base stations. We have won business in two of the top three base station providers in the industry.

Our lead base station customer, which is Ericsson, has already started to ship this product, and we'll continue to ramp throughout the second half of this year. Axxia is also being used by a leading data center switch company, and we'll start to see a product cycle begin there towards the end of the year as well...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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