Mr. Pudelko: Dialog Semiconductor originated from a US semiconductor company that was founded in 1981 in Silicon Valley. The first European operation was founded in 1986, and the company was subsequently taken over by a German company which was later integrated into Daimler Chrysler in 1990. The company then became independent again after a management buy-out in February, 1998, and had an IPO in October 1999 and a secondary offering in June 2000. We are listed on NASDAQ and the European Stock Exchange in Frankfurt.
TWST: What are your core markets and products within the semiconductor
space?
Mr. Pudelko: Today, 75 percent of our revenue comes from the wireless
market where we mainly have products that go into cellular handsets. The
other 25 percent is split between the automotive and industrial market.
TWST: Has that percentage of revenue derived from the wireless space
changed significantly over recent years or do you expect it to change?
Mr. Pudelko: It has been fairly consistent. However, in the third
quarter of this year, the revenue from the wireless communication market
increased by 8%. In Q3 2002, we had about 76% wireless communication;
whereas this last quarter ended September, it was 84%. I think that
improvement was partly due to our own solid performance, but also
worldwide we saw a better wireless quarter than the year before. In
automotive and industrial, there was an element of seasonality involved
because a lot of the automotive companies have holidays in the summer
quarter. In automotive, we have also seen a change of car models and
platforms at the end of the third quarter. Therefore, in the current
fourth quarter we expect automotive to come back to the level we had
before in.
Tickers included in this excerpt: DLGS
For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.