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Encyclopedia > Rockwell Semiconductor
Conexant Systems
Image:Cnxt_logo_.gif‎
Type Public NASDAQ: CNXT
Founded January 1999
Headquarters Newport Beach, California, USA
Key people Dwight W. Decker, CEO
Industry Semiconductors
Revenue $0.97 billion USD ( $122.59M FY 2006)
Employees 3,120 (2006)
Website www.conexant.com

Conexant is a publicly listed NASDAQ: CNXT semiconductor company, which was formerly the semiconductor division of Rockwell International. A public company is a company owned by the public rather than by relatively few individuals. ... NASDAQ in Times Square, New York City. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Image File history File links Flag_of_the_United_States. ... Location of Newport Beach within Orange County, California. ... A chief executive officer (CEO), or chief executive, is the highest-ranking corporate officer or executive officer of a corporation, or agency. ... A semiconductor is a solid whose electrical conductivity can be controlled over a wide range, either permanently or dynamically. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... Image File history File links Red_Arrow_Down. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... NASDAQ in Times Square, New York City. ... A semiconductor is a solid whose electrical conductivity can be controlled over a wide range, either permanently or dynamically. ... Rockwell International was the ultimate incarnation of a series of companies under the sphere of influence of Willard Rockwell, who had made his fortune after the invention and successful launch of a new bearing system for truck axles in 1919. ...

Contents

History

Conexant is the remnants of what were the Brooktree Corporation, the Hi-Media broadband communications chipset business of the ComStream corporation and the Rockwell's semiconductors division (modem, fax modem, DSL, GSM and CDMA chips). The Brooktree Corporation started operations in 1983 and in September 1996 was sold to Rockwell Semiconductor, a division of Rockwell International. ComStream started operations in 1984 and in May 1997 Rockwell Semiconductor acquired the Hi-Media broadband business of the company. Rockwell Semiconductor was then later spun-off from Rockwell in January 1999 and then became known as Conexant. Rockwell International was the ultimate incarnation of a series of companies under the sphere of influence of Willard Rockwell, who had made his fortune after the invention and successful launch of a new bearing system for truck axles in 1919. ...


Product Lines

Conexant chip
Conexant chip

Conexant was one of the world's leading provider of modems and dial-up processors that are found in modems, fax machines, ATMs, credit card swipers etc. Even now, Conexant retains the majority market share of all modems sold today with their Winmodem processors through their HCF and HSF standards. A Winmodem is a software modem designed to work with the Microsoft Windows operating system. ...


After their purchase of Brooktree, they entered the set-top box and convergence video segment and are now providing the majority of TV tuner DSPs for both PC add-on cards and PVRs. See TV (disambiguation) for other uses and Television (band) for the rock band European networks National In much of Europe television broadcasting has historically been state dominated, rather than commercially organised, although commercial stations have grown in number recently. ... A digital signal processor (DSP) is a specialized microprocessor designed specifically for digital signal processing, generally in real-time. ... A digital video recorder (DVR) is a device that records video to a digital storage medium in digital form. ...


In 2003, they merged with GlobespanVirata, a leading provider of Digital Subscriber Line (DSL), wireless networking(Wi-Fi), and other broadband solutions. Globespan Virata brought technologies which have given the combined company the potential for greater integration of broadband access with digital media devices to serve as the gateway for information and entertainment into the home. Advanced Telecommunication Modules Ltd (ATML) was set up in 1993 by Dr Hermann Hauser and Professor Andy Hopper as a spin-off from the Olivetti Research Laboratory in Cambridge. ... A typical DSL Modem DSL or xDSL, is a family of technologies that provide digital data transmission over the wires of a local telephone network. ... Official Wi-Fi logo Wi-Fi is a brand originally licensed by the Wi-Fi Alliance to describe the underlying technology of wireless local area networks (WLAN) based on the IEEE 802. ...


In 2004, they acquired Amphion Semiconductor for their H.264 and VC1 technologies. Broadcom, their leading rival, had tactically acquired Sandvideo who were set to be Conexant's main source of H.264 technology for the emerging HDTV market. Their acquisition of the Belfast, UK based Amphion Semiconductor has allowed them to secure their future in the Hi-Def market and beyond. Broadcom Corporation is a leading American supplier of integrated circuits (ICs) for broadband communications. ...


The company is now fabless since they spun off Jazz Semiconductor in 2002. They rely on outsourced semiconductor foundries to manufacture their products. A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. ... Jazz Semiconductor is a US based pure-play semiconductor wafer foundry that serves customers targeting wireless, optical networking, power management, storage, aerospace/defense and other high-performance applications. ... For album titles with the same name, see 2002 (album). ...


Financial Performance

Over the past 3 years the company’s performance has languished. Conexant's debt is considerable and it has increased in recent quarters due to negative net income and high interest payments. Investor confidence in Conexant is lagging and the future outlook for debt reduction looks grim in light of high expenses that the company currently incurs.


$130 Million of 5.25% Convertible Note. June 05 – June 06


$ 67 Million of 4.25% Convertible Note. June 05 – June 06


$ 515 Million of 4% Convertible Note. March 06 – March 07


Offering $ 200 million of 4% Convertible Note, 2026


$824 million to $1.05 billion in liabilities due over the next 2 years, with obligations of $112 million to $336 million owed to Texas Instruments for patent infringement. Conexant inherited the legal claims to the suit when it acquired Globespan Virata in February 2004. Texas Instruments (NYSE: TXN), better known in the electronics industry (and popularly) as TI, is an American company based in Dallas, Texas, USA, renowned for developing and commercializing semiconductor and computer technology. ...


Offices

Conexant is headquartered in Newport Beach, California, and has research and development centers in San Diego and Cupertino, California, Red Bank, New Jersey, Palm Bay, Florida, Austin, Texas, the UK and Ireland (Bristol, Belfast), France (Sophia Antipolis), Israel (Haifa), India (Pune, Bangalore, Hyderabad and NOIDA), China (Shanghai,Chengdu), Taiwan (Taipei) and various sales offices around the world. Location of Newport Beach within Orange County, California. ... Nickname: Americas Finest City Location of San Diego within San Diego County Coordinates: Country United States State California County San Diego Mayor Jerry Sanders City Attorney Michael Aguirre City Council Scott Peters Kevin Faulconer Toni Atkins Tony Young Brian Maienschein Donna Frye Jim Madaffer Ben Hueso Area    - City 963. ... Location of Cupertino within Santa Clara County, California. ... Map of Red Bank in Monmouth County The Borough of Red Bank is a Borough in Monmouth County, New Jersey incorporated in 1908. ... Palm Bay is a city in Brevard County, Florida, United States. ... Nickname: Live Music Capital of the World Location in the state of Texas Coordinates: Country United States State Texas County Travis County Mayor Will Wynn Area    - City 669. ... Bristol (IPA: ) is a city, unitary authority and ceremonial county in South West England, 115 miles (185 km) west of London and between the cities of Bath, Gloucester and the borough of Swindon. ... WGS-84 (GPS) Coordinates: 54. ... Sophia Antipolis is a technology park north-west of Nice, France. ... This article or section does not cite its references or sources. ... Puṇe (IPA: , Marathi: पुणे) is a city located in the western Indian state of Maharashtra. ... Bangalore (Kannada: ; pronunciation: in Kannada and in English) is the capital of the Indian state of Karnataka. ... Hyderabad   or Haydarābād // ( Urdu:حیدر آباد), (Telugu:హైదరాబాదు) is the capital city of the Indian state of Andhra Pradesh. ... For Greater Noida see Greater Noida This article or section does not cite its references or sources. ... Shanghai (Chinese: ; pinyin:  ; Wu (Long-short): ZÃ¥nhae; Shanghainese (IPA): ), situated on the banks of the Yangtze River Delta in East China, is the largest city of the Peoples Republic of China and the eighth largest in the world. ... Chengdus location within China   (Chinese: ; pinyin: Chéngdu; Wade-Giles: Cheng-tu), located in southwest China, is the capital of the Sichuan province and a sub-provincial city. ... Nickname: the City of Azaleas Government Official Website City of Taipei Mayor Ma Ying-jeou Capital District Xinyi Geographical characteristics Area  - Total  - % water Ranked 16 of 25 271. ...


Competitors

Texas Instruments (NYSE: TXN), better known in the electronics industry (and popularly) as TI, is an American company based in Dallas, Texas, USA, renowned for developing and commercializing semiconductor and computer technology. ... Broadcom Corporation is a leading American supplier of integrated circuits (ICs) for broadband communications. ... STMicroelectronics is an international leading supplier of semiconductors. ... Infineon Technologies is a German manufacturer of integrated circuits and related products. ... American corporation Freescale Semiconductor, Inc. ...

References

External links



 

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