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July 1, 1993

VLSI HOPES FOR EXCELLENT THIRD QUARTER RETURNS

By CBR Staff Writer

VLSI Technology Inc chairman Alfred Stein told the Bear Stearns conference in New York that his company is poised to do exceptionally well in the third quarter based on strong bookings in the second quarter: he also said new products and improved margins and pricing will help to boost earnings; VLSI finance chief financial officer Gregory Hinckley declared the richness of the new product portfolio is the strongest that it has ever been; the company plans to ship a number of new products in the fourth quarter, including the Pentium CPU-compatible chip set, and Ecochip chip set, the Scamp IV Notebook system chip set and several other products, and will also announce and ship two versions of chip sets for handheld computers this year.

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