Wall Street Transcript Interview with Oleg Khaykin, President and CEO of International Rectifier (IRF)

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: International Rectifier Corporation (IRF) and many more.

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

TWST: Can you begin with a brief introduction to International Rectifier, including some highlights from the company's history and an overview of your current operations?

Mr. Khaykin: International Rectifier is actually one of the oldest semiconductor companies in the United States. It was established in 1947 in Los Angeles, initially working with power management for the aircraft industry. The area where we are still headquartered today, El Segundo, remains a big cluster for aerospace. After World War II, there was a need to install devices on the plane that could take the power from the engines and supply it to all the electronics, and that's how IR got started.

In its distinguished 65-year life, IR has come up with many industry-first innovations and pioneered many technologies. Most notably, the whole family of power management products that's been introduced in the last 30 years has revolutionized the way the various devices are supplied with power and, through this technology, we are able to shrink the size of the power supply and enable applications like laptops and various consumer electronics.

Today, our company remains focused 100% on power management and the improvement of energy efficiency in all electrical applications, starting with consumer electronics like laptops, TVs, audio video systems, going all the way to the power management used in satellites and various aerospace products. Our business units include automotive products, driving electrification of cars and energy-saving products, focused on higher energy efficiency for applications including electric motors, fans and pumps.

The third business unit is enterprise power, improving energy efficiency in various servers, communication and data storage equipment. And, as I referenced earlier, the higher reliability applications like space applications are served by our...

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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