NatSemi on mend
Financials show signs of improvement
The decision by National Semiconductor to get out of its fight with Intel appears to be paying dividends for its share holders. The firm reported a net profit of $47.1 million for its latest Q, compared to a net loss of $105 million in the same period last year. It still turned in an operating loss of over $1 million but the figures show that CEO Brian Halla's decision to get out of the x.86 market and concentrate on its system on a chip part, could well be the right one. Turnover for the Q, at $482 million, was similar to turnover in the same period last year. NatSemi decided earlier this year to ditch its x.86 Cyrix business, and ended up selling it off to Taiwanese manufacturer Via. Halla claimed NatSemi was ahead of its plans to return to profitability and had good orders for its Geode system on a chip part. ®
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