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October 13, 1998

COMPANY RESULT: INTEGRATED DEVICE TECHNOLOGY INC

By CBR Staff Writer

Integrated Device Technology Inc, the Santa Clara, California- based maker of microprocessors and memory products, has reported second quarter net losses of $237.1m down from profits last time of $2.6m on revenues down 9.2% at $130.6 m; mid-term net losses were $287.0m down from profits last time of $4.5m on revenues down 9.4% at $265.1m. Second quarter figures include a charge of $216.6m to cover restructuring, asset write downs and provisions against deferred tax assets.

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