After spending much of the past few years at a mediocre three-star rank, LSI Corp.
With corporate spending showing signs of a rebound, and LSI offering products in multiple areas of the storage and networking vertical market, many CAPS members note that it can win on multiple levels during this wave of increasing demand. The company recently reported a 32% jump in first-quarter revenue thanks to increasing spending on servers and memory equipment, and it expects the good times to continue in the second half of the year. LSI’s bullish tone echoes that of larger technology companies such as Intel
LSI has been securing more design wins and expects to benefit from the strength of its existing customer base, which includes big names Dell
LSI is also seeing a tremendous opportunity in wireless as more and more consumers and businesses adopt smartphones that push around richer content. With major networking equipment makers such as LM Ericsson forecasting mobile data traffic to double annually for the next five years, LSI is licking its chops as it supplies the top wireless infrastructure manufacturers with products aimed at both the delivery and storage of information. Having a presence in multiple growth sectors at various levels has many CAPS members bullish on LSI’s future.
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