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FINANCIAL ASTROLOGY

First Trade Date for National Semiconductor Corporation

 

 

Company NameFirst Trade Date (yyyy-mm-dd)
National Semiconductor Corporation1973-01-17

Company NameSymbol
National Semiconductor CorporationNSM
History and Business of Company
(this information may include date of incorporation)
We design, develop, manufacture and market a wide array of semiconductor products, including a broad line of analog, mixed-signal and other integrated circuits. These products address a variety of markets and applications, including:

o amplifiers; o personal computers;
o power management; o local and wide area networks; and
o flat panel and CRT displays; o imaging.
o wireless communications;

Our strategy is to provide systems-on-a-chip for our key trendsetting partners, using our analog expertise as a starting point for forward integration. Approximately 75 percent of our revenue is generated from analog-based products and this percentage is likely to grow in the future due to our increasing focus on developing analog solutions for high growth markets and applications.

National was originally incorporated in the state of Delaware in 1959 and our headquarters have been in Santa Clara, California since 1967. On our "Investor Information" website, located at www.national.com, we post the following filings as soon as reasonably practicable after they are electronically filed or furnished to the Securities and Exchange Commission: our annual report on Form 10-K, our quarterly reports on Form 10-Q, our current reports on Form 8-K and any amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934. All our filings on our website are available free of charge.

In February 2003, we launched a series of strategic profit-improvement actions designed to streamline our cost structure and enhance shareholder value by prioritizing R&D spending on higher-margin analog businesses. As part of that plan, we indicated we would seek to sell the information appliance business, primarily consisting of the GeodeTM family of products, and our cellular baseband business. At that time, we expected to complete the sales within the following 3 to 6 months. Since February, we have conferred with several prospective buyers for the information appliance business and in May we announced that we were actively pursuing a sale of that business. At the same time we also announced the immediate closure of the cellular baseband business.

In August 2002, we completed the acquisition of DigitalQuake, Inc., a development stage enterprise engaged in the development of digital display products located in Campbell, California. We believe the addition of DigitalQuake's display capabilities and products, which include a fourth-generation scaling solution, a triple analog-to-digital converter and an advanced digital video interface with encryption/decryption technologies, will help us provide a broad range of system solutions for flat panel monitors.








 

 

 

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