AMCC Contributed the Most to the Network Processing Market's Growth in 2003, Remains No. 1 Worldwide Vendor, Says Market Research Firm The Linley Group.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--April 23, 2004 Network Processor Market Grew 30% in 2003 to a Record $85M; AMCC's Marketshare Almost Triple That of Nearest Competitor Applied Micro Circuits Corporation Applied Micro Circuits Corporation (NASDAQ: AMCC) is a fabless semiconductor company designing network and embedded Power Architecture (including a Power Architecture license), optical transport and storage solutions. (AMCC AMCC Applied Micro Circuits Corporation AMCC Air Mobility Control Center AMCC Ashore Mobile Contingency Communications AMCC Advanced Materials Commercialization Center AMCC allied movement coordination center (US DoD) ) (Nasdaq:AMCC) today announced that market research firm The Linley Group again ranked AMCC No. 1 worldwide in the sale of network processors for 2003, stating that AMCC, "contributed the most absolute dollars to the market's growth." AMCC continues to gain marketshare year over year, resulting in a substantial 23% lead over the next ranked network processing unit Network Processing Unit or NPU is an array of one or more Central processing unit (CPU) whose instructions are specialized to handle networking-related functions. NPUs are generally targeted at efficient examination and manipulation of packet headers. (NPU (Network Processing Unit) Same as network processor. ) vendor. AMCC has held this top leadership position since the inception of the network processing industry. "After a very strong second-half 2003, we think AMCC has great momentum for continued growth in NPU shipments in 2004," said Bob Wheeler, senior analyst at The Linley Group. "AMCC's contribution to the industry's growth is a major factor in our projection that the NPU market will grow more than 40% in 2004." "The network processing market continues to show signs of sequential growth, and as a pioneer in this industry, we feel very proud to contribute to its ongoing success with five generations of leading solutions," said Tom Tullie, senior vice-president of worldwide sales and WAN business for AMCC. "Our breadth of product solutions and depth of experience in this market translates to high-performance, customer-oriented devices. Tier One customers are responding to the 'Universal Port Services at Dedicated Port Economics' we're delivering in our network processing solutions, and we expect the demand to continue as OEMs and service providers require more functionality and flexibility." AMCC's nP5(TM) technology enables developers to deliver extremely fine-grained control of subscriber traffic without impacting the ability to perform complex ATM and packet internetworking at media speeds. The company's network processing solutions like the nP3700 integrated NP+TM serve as the cornerstone of AMCC's popular MISSION(TM) multi-service switching solution. AMCC network processors are used in a wide range of communications equipment in the access, metro and core segments of the network. AMCC's customers include Alcatel, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Fujitsu, Huawei Technologies, Lucent Technologies, Marconi and Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony . About AMCC AMCC provides the essential building blocks for the transport, switching, routing and storage of information worldwide. The company blends systems and software expertise with high-performance, high-bandwidth silicon integration to deliver communications silicon and software for global wide area networks (WAN), Fibre Channel host bus adapters (HBAs) for storage area networks (SAN), and hardware and software solutions for high-growth storage markets such as Serial ATA See SATA. Serial ATA - Serial Advanced Technology Attachment (SATA (Serial ATA) A serial version of the ATA (IDE) interface, which has been the de facto standard hard disk interface for desktop PCs for more than two decades. The original Parallel ATA (PATA) interface was launched in 1986. ) RAID. AMCC's corporate headquarters are located in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . Sales and engineering offices are located throughout the world. For further information regarding AMCC, please visit our web site at http://www.amcc.com. Forward Looking Statements The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the markets, growth of markets and products, including the risk that the markets would not grow at the rates forecasted, and the demand for products would not materialize, risks relating to general economic conditions, as well as the risks and uncertainties set forth in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended March 31, 2003, and in other filings of the Company with the Securities and Exchange Commission. As a result of these risks and uncertainties, actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and AMCC does not assume any obligation to update any forward-looking statement. AMCC is a registered trademark of Applied Micro Circuits Corporation. All other trademarks and registered trademarks are the property of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion