DALLAS, Oct. 8, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring chipmaker LSI Corp. (NYSE:LSI). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on LSI Corp. (NYSE:LSI) should be of particular interest to other semiconductor companies: International Business Machines Corp. (NYSE:IBM), Intel Corp. (Nasdaq:INTC), Texas Instruments Inc.(NYSE:TXN) and Emulex Corp. (NYSE:ELX).
The full report is available at: http://www.stockpreacher.com/n/LSI
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LSI Corp. (LSI) is a global leader in storage technology, networking and consumer electronics. LSI designs, develops and markets complex high-performance semiconductors and storage systems, enabling leading technology companies to deliver some of today's most advanced and well-known electronic systems. A pioneer of system-on-a-chip (SoC) devices, which combine elements of an electronic system, the Company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software. The Company has two reportable segments: Semiconductor and the Storage systems.
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In the report, the analyst notes:
"LSI is showing signs of recovery from losses in the first half of 2009, following a significant decline in demand for its semiconductor products. Thanks to its belt-tightening measures, the Company's operating expenses decreased sequentially, delivering improvements in its operating results. The Company has reportedly been taking a number of actions to reduce expenses, including a corporate-level restructuring designed to increase synergies across its Semiconductor segment, reductions in its global workforce, temporary and permanent reductions in employee compensation-related expenses and reductions in discretionary spending since January 2009...
"On September 28, LSI reported enhancements to its Engenio 7900 Storage System, a flagship member of the LSI Engenio family of modular storage systems. Having incorporated new features such as a state-of-the-art, high-density SATA drive enclosure, solid-state drive (SSD) support and iSCSI host interface support, as well as advanced storage monitoring and reporting capabilities, the Engenio 7900 system is believed to increase operational efficiency in both physical and virtual environments."
To read the entire report visit: http://www.stockpreacher.com/n/LSI
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