power management: der electronische Schlüssel - 500 Beiträge pro Seite

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International Rectifier (NYSE-Kürzel: IRF) könnte sich als die Elektronikaktie des Jahrzehnts
herausstellen: CEO Alex Lidow fragt: Wer liefert das power management für Intels Pentium III
und für AMDs Athlon und gibt die Antwort: IRF (www.CNBC.com , dort: video highlights).
Und man muss sich die Handy- ,laptop-, mp3-player- Technik nur einmal von der Seite der
Minimierung elektronischer Ströme bzw. Spannungen vorstellen, um nur zu ahnen, welche ganz
neue Bedeutung seit ein paar Jahren dem power management zukommt!
Und dabei steht IRF im Zentrum der Entwicklung!
Näheres bei IRF direkt: www.irf.com
stockSwitcher

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Heute starker Anstieg von IRF: mehr als 6% auf 57 9/16 $!
Neue Empfehlung von Zacks!

From the ZacksAdvisor site:

Stock of the Day for Tuesday June 27, 2000

International Rectifier Corporation (IRF) - On the Zacks Focus List & Timely Buys

"Even though the semiconductor industry is experiencing one of its strongest expansion cycles in history, the stocks in the group
have been hot and cold of late. But this volatile action has not stopped this stock from blasting through to new highs. This
superior price action, compared to its peers, leads us to believe that International Rectifier should soar to greater heights."

"International Rectifier designs, manufactures, and markets power semiconductors that are used to enhance the productivity of
products to make them work smarter and run cooler. The company’s products power the next generation of servers and
computers, cars, satellites, cell phones, and home appliances. International Rectifier is the largest maker of these chips, with a
20% market share."

"Strength in telecom and personal computers resulted in increased demand of its products. Products that go into digital cell
phones, systems using Intel’s Pentium(R) III and AMD’s next Athlon(TM) microprocessors, and power supplies for routers
and servers experienced the largest increase in shipments."

"IRF has made tremendous investments in R&D in the past couple years to make more proprietary/higher margin products to
boost profits in the years ahead. The benefits of these moves could readily be seen in their April 19th earnings report. Its EPS
improved to 38 cents vs. four cents last year and, more importantly, this was ten cents ahead of estimates. This marks the third
quarter in a row of huge upside surprises, averaging 32% per quarter. And we expect more positive gains in coming quarters."

"International Rectifier has shown considerable growth across all its business units, and is well positioned in many geographic
regions. End consumption is increasing, visibility is improving, and pricing remains firm. The company is upbeat about the
future, and expects revenue growth to accelerate and margins to continue improving for the foreseeable future. Analysts are in
tune with these positive changes, and have significantly raised their earnings estimates for both the current and next fiscal years.
Estimates for FY2000 ending in June stand at $1.17, increasing to $2.23 in FY2001. Even though IRF is up 208% since we
first recommended it in October, the strength of the firm and the semiconductor sector as a whole have us believing there is a
lot of play left in this stock."

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Konsensschätzungen bestätigt: Geschäftsjahr 2000 bis 06/00: 1,17$; Geschäftsjahr 2001 bis 06/01: 2,23$; KGV augenblicklich bei
55$ (16.30MEZ) für 00: 47/ für 01: 24,7 !
Für das Geschäftsjahr 02 (Juli 01- Juni 02) liegen Schätzungen vor, die bei 3$ liegen; KGV 02 dann 18,3.
PEG bei einem Gewinnwachstum von 85-90% von 00 auf 01: ca. 0,3 !

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Zusatz: bisheriges ATH für IRF am 3.7.00 bei 59 3/4 $

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IRF gibt Wandelanleihe heraus; das dürfte den Kurs möglicherweise etwas unter Druck setzen:
erst am 17.7. wird anläßlich der Q2-Zahlen wohl mehr darüber zu erfahren sein, was mit dem
Geld angefangen werden soll, denn die heutige Info ist noch sehr allgemein gehalten (s.u.);
ein Verwässerungseffekt könnte möglicherweise eintreten... mal abwarten!

Business Wire - July 10, 2000 07:54

EL SEGUNDO, Calif.--(BUSINESS WIRE)--July 10, 2000--International
Rectifier Corporation (NYSE:IRF) today announced that, subject to market and
other conditions, it plans to raise approximately $400 million through a private
offering of convertible subordinated notes.

The company intends to use the net proceeds of the offering for general
corporate purposes, including working capital, capital expenditures, and possible
acquisitions. The company currently has no commitments or agreements with
respect to any acquisition.

CONTACT: International Rectifier Corporation
Shelley Wagers, 310/726-8512

[AEG]

Weiß jemand ob IRF auch im Automobilbereich tätig ist?

Dort werden im Hinblick auf Brennstoffzellen und Elektroantriebe auch verstärkt Power Management Module eingesetzt.

AEG

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Ja, AEG, sie sind es! Und zwar ganz entscheidend, was die zukünftigen amerikanischen Wagen betrifft!
Vor wenigen Tagen - ich schau noch mal nach - gab es darüber eine neue Veröffentlichung!
stockSWitcher

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ADVISORY/International Rectifier`s
Conference Call With Management

7/12/00 11:15am

--(BUSINESS WIRE)--

WHAT: CONFERENCE CALL. CEO Alex Lidow and CFO Michael McGee will
conduct a conference call to discuss and take questions on
June-quarter (fiscal 2000) results, which will be reported
earlier that day.
WHEN: JULY 20
1 p.m. (Pacific) report via Business Wire.
1:30 p.m. (Pacific) conference call.
HOW: PHONE IN. Call 212/346-0167 at 1:20 p.m. (Pacific)
to be patched in.
LOG ON. Listen to the conference call over the Internet
through Investor Broadcast Network at
http://www.investorbroadcast.com or through StreetFusion at
http://www.streetfusion.com. To listen to the live call,
please go to the Web site at least 15 minutes early to
register, download and install any necessary audio software.
CONTACT: International Rectifier, El Segundo, Calif.
Verna Kuykendall, 310/726-8511

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Es lohnt sich, dieses zu lesen:

ALEX LIDOW - INTERNATIONAL RECTIFIER CORPORATION
(IRF)
CEO Interview - published 05/11/2000

DOCUMENT # JAX293

Alex Lidow joined International Rectifier in 1977 as a Research &
Development engineer. Subsequently, he served the company as Vice
President of R&D. He was promoted to Executive Vice President of
Manufacturing & Technology in 1985 and served as President of IR`s
Electronic Products Division beginning in 1989. He advanced to Executive
Vice President of Operations in 1992 and was named to his current
position as Chief Executive Officer in March 1995. A co-inventor of the
HEXFET` power MOSFET, Mr. Lidow holds nine patents on power
semiconductor technology and has numerous publications on related
subjects. Mr. Lidow earned a BS in Applied Physics from California
Institute of Technology in 1975. He received a PhD in Applied Physics
from Stanford University as a Hertz Foundation Fellow. His professional
associations include the Institute of Electrical & Electronics
Engineers, the Electrochemical Society and Tau Beta Pi. Lidow is married
with two children

SECTOR: electronics

TWST: Could you begin with a brief summary of the company?

Mr. Lidow: International Rectifier is a technology and market leader in
a field called power management, and this is an area that`s gone from
obscurity to centerstage in the world of electronics in just the last
few years. International Rectifier is also, by far, the most tenacious
member of the power management community, having been in business 52
years. That also makes us the oldest independent semiconductor company
in the world. Power management is about an $8 billion a year industry
that`s growing very rapidly, and the largest product subsector `about $3
billion of it ` is the power MOSFET. That`s a field that IR essentially
invented. We have the largest market share, and, over 80% of the
marketplace is either served by IR`s direct production or by licensees
under our patents. And we receive royalties from virtually all our
competitors in this field. Because of this unique position in the
industry, we`ve been able to look inside every corner of power
management and select the fastest-growing, most valuable areas. In the
last three or four years, we`ve developed a group of products that
redefined power management architecture and put International Rectifier
in the position of having not only the architectural standards, but a
whole host of proprietary, leading-edge products. Our analog power ICs
and advanced-circuit products, power systems, and components are growing
very fast.

TWST: Who are your customers?

Mr. Lidow: Our customers are really the Who`s Who of electronics because
power management is needed virtually everywhere the world uses
electricity. In the last few years ` our focus has been on information
technology. Key customers include Intel, Lucent, AMD, Dell, IBM,
Motorola, and Sony.

TWST: What do you see as the most significant developments in your
sector of the market?

Mr. Lidow: Power management has taken center stage, and it`s driven in
large part by the Internet. Behind every Internet screen you`ve got
servers and routers and computers and minicomputers and mainframes, and
the world is adding to that infrastructure to the tune of hundreds of
billions of dollars a year. All those boxes have become mission-
critical: Now our lives depend on having our computers up, or certainly
our businesses do. And that means that the quality requirements for the
power in all of those systems have skyrocketed. The value of power
management has grown in proportion to this explosive growth in Internet
infrastructure, with an additional multiplier because of the need for
extremely high quality power. And the explosive growth in information
technology fuels International Rectifier`s growth in other ways. now
that we have all this wonderful cheap information, we want to take it
with us everywhere we go. So we have all these portable devices, from
cell phones to laptop computers and Internet appliances, and they are
all starting to overlap. There are three things in common with all the
portables: We want them to be smaller and lighter, run longer, and have
more horsepower. It`s power management that largely determines not just
the battery life, but also the form factor of all those items. Power
management reduces heat so the products can be compact and increases
productivity-per-watt, so they can do more and run longer on a single
charge. So power management is really the enabler for performance
enhancements in this explosive market of portable electronics. We see
growth on top of growth there. The number of boxes is exploding and
power management is capturing more value per box. So the build-out of
the Internet backbone and the explosion in portable electronics are
driving tremendous growth in power management for the next two to three
years.

TWST: And your R&D expenditures will reflect developments with portable
electronics and the Internet?

Mr. Lidow: Yes. As a matter of fact, IR has invested substantially in
R&D. During the recent downturn many of our competitors cut back their
R&D spending, but International Rectifier really poured it on in order
to take the high ground in information technology applications. As a
percent of revenues we spend about 6% to 7%. Over the next year or so
that will migrate to 7.5% and then 8% of revenues.

TWST: What are your greatest opportunities?

Mr. Lidow: In the short term, our greatest opportunities lie in setting
the architectural standards for information technology. Things like
gigahertz Pentium 3 portables are frankly just not possible without our
new generations of power management technology. Another big opportunity
is improving fuel economy in cars. That`s something we see kicking into
high gear in about two years. We can improve gas mileage in an average
car by about 20 percent, with just two new systems, electric steering
and integrated starter-alternators. IR technology is key, and our power
management archhitecture is driving the adoption of systems that can
raise content of our types of products in cars from $10 to $100 per
vehicle by the end of this decade.

[stockSWitcher]

Aus amerikanischen boards kann man entnehmen, dass sich im Augenblick Shorties eingemischt
haben und bei nervösen Sellern billig Stücke einsammeln. Das geht so lange gut wie zu
heruntergepushten Kursen Stücke angeboten werden; im Augenblick scheint der Tiefpunkt bei
45$ zu liegen; wenn die Nervösen aus dem Markt sind, sollte es zügig wieder in Richtung ATH gehen.
Bei den ausgezeichneten Daten von IRF sollte das nicht zu lange dauern...
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New International Rectifier Omnirel Switching Regulators
in Plastic Packages Increase Power Density Economically

LEOMINSTER, MA, August 2000 — Omnirel, an International Rectifier company
(NYSE: IRF), introduces four high-efficiency, low-voltage switching regulators in
plastic packages that economically increase power density in select
commercial, industrial and military applications.

The new OM9551SP, OM9552SP, OM9553SP and
OM9554SP switching regulators are 5V input, 3A
output units for 3.3, 2.5, 1.8 and 1.5V output
applications respectively. The units are similar to
standard three-pin, non-isolated switching regulators.

Omnirel’s chip-on-board assembly technology allows
the new regulators to be squeezed into a 0.75 x 0.80 x 0.50-inch footprint, yet
provide 80W/in3 power density. Each OM955 Series module incorporates an
International Rectifier IRF7314 HEXFET® MOSFET and a 15WQ040 Schottky
diode. A 22mF input capacitor and 330mF output capacitor are built into the
regulator module. Competing units are larger and require external capacitors.
The units operate over a -25º to +85ºC temperature range and feature a typical
efficiency of 87 percent.

Switching regulators are used in commercial, scientific and military satellite
power systems where point-of-load regulation is required, such as digital signal
processors (DSP), microcontrollers and microprocessors, and low-voltage logic
circuits, including field programmable gate array (FPGA) systems.

[stockSWitcher]

Heute abend scheinen sich die Shorters erst einmal abgemeldet zu haben; IRF schließt über 55$ und liegt damit binnen
weniger TAge über 20% über dem heruntergedrückten Niveau von 45$!

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IRF jetzt im S&P MidCap400! Den Kurs scheint es zu unterstützen:63$; Aussichten weiterhin glänzend.

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Auch das ist von Interesse:
International Rectifier Advanced HEXFET Power
MOSFETs Improve Automotive Electrical
System Performance

8/25/00 4:34pm

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Aug. 25, 2000--International
Rectifier ( NYSE:IRF) broadened its line of low-voltage,
automotive-specific HEXFET(R) power MOSFETs for electrical systems,
such as anti-lock braking system (ABS), electric power assisted
steering (EPS) and integrated starter-alternator (ISA) systems.

IR`s new automotive devices achieved best-in-class ruggedness
(avalanche) capability and device efficiency (on-resistance),
parameters that have traditionally been traded off against one
another. The avalanche capability of these devices is two times better
than previous IR devices and five times better than similar
industry-standard devices.

The new devices combine IR`s new silicon technology with the latest
packaging innovations. For example, the IRFBA1404P is housed in
IR`s exclusive Super-220( TM) package. The Super-220 has the
same footprint as the industry-standard TO- 220 package, yet
increases current-handling capability by 50 percent, and improves
device on-resistance and thermal performance at the same time.

In an electric power steering system, IR`s new automotive-optimized
MOSFETs can reduce device temperature by up to 28 degrees
Celsius, when compared with existing technology devices. This is
extremely important under certain operating conditions, when the
MOSFET is required to handle large current surges.

According to Gordon Gray, Technical Marketing manager for IR`s
Automotive Group, "The EPS control circuit may have to withstand a
sustained current surge when the car is being parallel parked. The
IRF1404`s high efficiency rating would allow safer, more efficient
operation and prevent high-temperature shutdown."

Samples and Pricing

Samples of the new automotive HEXFET power MOSFETs are available
immediately. Production quantities of certain devices is available now
and the balance of the devices in the series will follow shortly. Pricing
starts at US$0.79 each for the IRFR2407 in 10,000-unit quantities.

[stockSWitcher]

Hallo IRF-Fans! Es tut sich `was, der Kurs geht bei SCHWACHER Nasdaq nach NORDEN!
66$ übersprungen!
Und: auch jetzt ist der Kurs - bezogen auf ca. 3$ Gewinn in 2001/2 - nicht teuer..
Und: die Ölpreismisere verstärkt den Druck, Einspartechnologie in großem Umfang einzusetzen!
Es spricht alles für IRF!

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Was für ein Monat! IRF ist nun auch unter die Räder gekommen; für mich eine überraschende Gelegenheit, noch mal
aufzustocken. Denn: die Gründe (s.o.!) haben sich nicht verändert, höchstens die Schnelligkeit, mit der der Markt für
powermanagementchips wächst, könnte vorübergehend (drei Monate, falls die Nahostkrise sich nicht zu einer Ölver-
sorgungskrise ausweitet) etwas abnehmen.

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(BUSINESS WIRE)--

WHAT: CONFERENCE CALL. CEO Alex Lidow and CFO Michael McGee will
conduct a conference call to discuss and take questions on
December-quarter (fiscal 2001) results, which will be reported
earlier that day.

WHEN: JANUARY 24
1:30 p.m. (Pacific) report via Business Wire
2:15 p.m. (Pacific) conference call

HOW: PHONE IN. Call 212/346-0183 at 2:10 p.m. (Pacific) to be
patched in.

LOG ON. Listen to the conference call over the Internet through
Investor Broadcast Network at http://www.investorbroadcast.com
or through StreetFusion at http://www.streetfusion.com. To listen
to the live call, go to the Web site at least 15 minutes early to
register, download and install any necessary audio software.

Note: A taped replay of this call will be available from
approximately 4:15 p.m. Pacific time on Wednesday, January 24,
through 12:00 noon on Monday, January 29. To hear the replay
by phone, call 800/633-8284 and refer to reservation No.
1733-1815. (International callers, dial 858/812-6440.) To hear
the replay on the Internet, go to irf.com and link to Investor
Broadcast Network or StreetFusion.

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iSuppli foresees power MOSFET shortage by third quarter

Jan. 09, 2001 (Electronic Buyers News - CMP via COMTEX) -- As if there weren`t enough supply and demand problems, don`t be surprised if shortages of high-voltage power MOSFETs start cropping up by the second half of the year-leading to possible repercussions in the automotive and other high-growth industries.

That is the conclusion of a recent report compiled by online procurement facilitator iSuppli Corp., El Segundo, Calif. The report states that "significant shortages for power MOSFETs are expected in the third quarter of 2001," specifically in high-voltage MOSFETs greater than 100 V. The shortages are expected to continue into 2002.

By 2003 surging demand for high-voltage MOSFETs in the automotive industry will further aggravate the situation, iSuppli said.

The report contends that suppliers are shying away from the high-voltage power MOSFET market and expanding supplies of low-voltage MOSFETs and analog ICs, which carry larger profit margins. These parts are being designed into high-growth applications such as wireless and portable products.

Supplies of low-voltage MOSFETs and analog ICs will be more than adequate to meet demand, according to the study, which projects that continued capacity increases might create a surplus that could send some prices dropping.

By contrast, MOSFET suppliers are making few investments to increase capacity for high-voltage devices, creating a situation ripe for shortages and higher prices.

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Intl Rectifier Rallying On Power-Efficent
Pdts-Analysts

Updated: Tuesday, March 27, 2001 02:43 PM ET
Email this article to a friend!
Printer-friendly version

By Kathy Chu

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--The California power crisis has provided good publicity for
International Rectifier Corp.`s (IRF, news, msgs) energy-efficient devices.

The company`s stock rose as much as 8% Tuesday, on what Robert W. Baird & Co. analyst
Kent Mortensen called investors` "heightened awareness" of these products, used in washing
machines, air conditioners and refrigerators.

International Rectifier`s power modules allow users to adjust
appliance motors in order to conserve energy. Currently, the
power of most such motors can`t be adjusted, said
Mortensen.

International Rectifier spokesman Robert Grant said the
company holds between 80% to 90% market share for
energy-efficient appliance applications using smart analog
integrated circuits.

No news was released Tuesday, said Mortensen.

The power-semiconductor maker is gradually increasing its
business focus to these energy-efficient modules, according
to Mortensen.

In the fiscal year ended June 30, traditional semiconductor components made up 70% of
International Rectifier`s product mix, while proprietary products - the bulk of which are
energy-efficient devices - comprised 30%, according to Mortensen.

The analyst estimates that 40% of the company`s product mix will come from proprietary
products in fiscal 2001. In 2004, proprietary products will make up 60% of the mix, said
Mortensen.

Shares of International Rectifier, El Segundo, Calif., recently changed hands at $45.25, up
$2.13, or 4.9%, on volume of 2.22 million shares. Average daily trading volume is 2.21 million
shares.


Gruntal & Co. analyst Vincent Benedetti said investors may also be snapping up International
Rectifier shares on expectations of strong fiscal third-quarter earnings.

While the earnings release is still about three weeks away, said Benedetti, long-term
investors are taking action now.

Seven analysts surveyed by Thomson Financial/First Call on average expect International
Rectifier to earn 72 cents in the fiscal third quarter ending March 30. In the year-ago third
quarter, the company had operating earnings of $21.7 million, or 38 cents a diluted share.

The stock currently represents an attractive value, the analyst said, after losing some ground
in past months due to industry-wide concerns, such as weak semiconductor shipments and
excess inventory.

International Rectifier, however, has consistently outperformed the Street, said Benedetti, due
to the company`s diverse product base.

-By Kathy Chu, Dow Jones Newswires; 201-938-5392; [e-mail]

[stockSWitcher]

Liebe Leute,
Schaut mal bei Motley Fool unter Stocks/International Rectifier
Post 632 nach! Da gibt`s geballte Infos zu IRF
Gruß stockSWitcher

[stockSWitcher]

Globalisierung : IRF nimmt teil:
International Rectifier Announces Strategic
Collaboration With Sanken
5/15/01
» Back to INTERNATIONAL RECTIFIER CORP News

EL SEGUNDO, Calif., May 15, 2001 (BUSINESS WIRE) -- International Rectifier Corp. (NYSE:IRF) today announced a
strategic collaboration with Sanken Electric Co. Ltd. of Japan that includes joint design and development activity between
the two power semiconductor companies for next-generation proprietary power management products.

The collaboration also includes a cross-shareholding arrangement. International Rectifier (IR) has agreed to purchase
approximately 2 percent of Sanken shares, for about $13 million, and Sanken has agreed to purchase approximately 0.4
percent of IR shares, for about $13 million. The IR shares to be purchased by Sanken will be newly issued pursuant to a
private placement.

The collaboration is planned to include:

-- Joint technology development of next-generation analog ICs

-- Joint standards for systems architectures in certain automotive, AC-DC, DC-DC and motion control application areas

-- Collaboration on capacity management

-- Joint sales and marketing in certain regions

"Sanken and IR have worked very closely together for more than a decade," said Dr. Alex Lidow, CEO of International
Rectifier. "We have been very successful with our joint product development activities, and both companies have
benefited from greater access to the markets in Japan and the Americas. I see this new strategic effort as a natural
progression of our relationship that can yield even greater benefits for both companies in the future."

Sanken President Yuji Morita said, "By establishing this strategic collaboration, we believe that Sanken and IR -- leading
manufacturers of power semiconductors in Japan and the U.S. -- will strengthen their positions as industry leaders into
the 21st century."

Japan was the fastest-growing region for IR in the March quarter, with revenues growing 76 percent year-on-year,
driven by the strength of recent design wins in the consumer electronics market. IR provides key power management
chips for applications such as Sony`s Playstation(R) 2 and Fujitsu`s flat panel TVs. Japan accounted for 13 percent of
IR`s OEM revenue in the March quarter, up from 11 percent in the December quarter.

About International Rectifier

IR is a world leader in power management technology. IR`s power systems, analog power integrated circuits (ICs),
advanced-circuit devices, and components are improving the fuel efficiency in automotive vehicles, and cutting energy
consumption in applications for industrial motors, heating and air conditioning systems, home appliances, and lighting.
IR`s products enable information technology devices to perform at greater speed and reliability, and allow portable
electronics to run longer off a single charge.

IR pioneered the technology and is the market leader in the $4 billion power MOSFET segment of the power management
industry, and nine of the industry`s top 10 power MOSFET suppliers are currently licensed under its patents. Almost
two-thirds of IR`s revenue comes from outside the United States.

About Sanken

Sanken is a global leader in power management and peripheral applications. The company provides energy-saving
products in emerging applications in the automotive and home appliance markets, and provides leading-edge products in
select information technology markets. Sanken sales exceed 136 billion yen (approximately U.S. $1.29 billion) in its last
fiscal year reported.

CONTACT: International Rectifier Corp., El Segundo Steve Harrison, 310/252-7731 http://www.irf.com

URL: http://www.businesswire.com Today`s News On The Net - Business Wire`s full file on the Internet with Hyperlinks
to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.

[stockSWitcher]

Bush kann auch anders!
Gerade hat Bush in einer für die USA wegweisenden Rede eine starke
Betonung auf energiesparende Technologien gelegt!Dabei erwähnte er auch
auch die Notwendigkeit spritsparender Autos! Und das genau
berührt die neuen IRF-Technologien!

IRF als wegweisendes Investment!
stockSWitcher

[stockSWitcher]

Neue ATH auf $-Basis (und auf €-Basis bei fallendem € natürlich
auch..): IRF erreicht 68$ ,fällt dann gestern (22.5.) leicht zurück.

Natürlich kann es so wie in den letzten drei Monaten nicht
weitergehen, eine Konsolidierung ist überfällig, sollte aber
aufgrund der in den USA gestiegenen Sensibilität für
energiesparende Technologie bei anhaltender Energiekrise
vom Ausmaß begrenzt bleiben: unter ca.56 $ dürfte die Konsolidierung
kaum gehen, da institutionelle Anleger wohl weiter nachkaufen
werden...

[stockSWitcher]

In letzter Zeit erlebte International Rectifier Corp. (WKN 851418) eine beeindruckende
Gewinnsträhne, so die Börsenexperten von Der Aktionär-online. Im letzten Quartal, mitten in einer
radikalen branchenweiten Korrektur, habe das Unternehmen 38 Prozent Auftragssteigerung für
diejenigen Chip-Serien verzeichnen, die zur Gruppe der "Eigenerzeugnisse" gehören
würden(Integrierte Schaltkreise, LDO-Regler, Stromrichter, Schaltmodule für Autos und
Haushaltsgeräte). Der Verkauf von Eigenerzeugnissen sei für 37 Prozent des Gesamtumsatzes
verantwortlich, und der Anteil wachse weiter. Indessen würden MOSFETS und IGBTs - zwei
Märkte, auf denen ebenfalls schnelles Wachstum zu erwarten sei - für ein weiteres Drittel der
Einnahmen aufkommen. Die verbleibenden 30 Prozent stammten aus dem Verkauf von preiswerten
Bauteilen mit niedriger Gewinnspanne, die in elektronischen Geräten, Autos, Maschinen und
Konsumartikeln zum Einsatz kommen. Obwohl auch die Nachfrage nach MOSFETs und IGBTs
kurzfristig gesunken sei, sei vor allem der letztgenannte Bereich dafür verantwortlich, dass das
Unternehmen kürzlich Umsatzeinbußen von 7 bis 14 Prozent für das kommende Quartal ankündige.
Trotzdem rechne das Unternehmen mit einer Umsatzsteigerung von 20 bis 25 Prozent für das
kommende Geschäftsjahr (bis 30. Juni 2002), was recht beeindruckend sei, wenn man die
allgemeine Lage in der Halbleiterbranche berücksichtige. Sobald die aktuelle Rezession auf dem
Halbleitersektor vorüber sei, werde sich die Wachstumsrate zweifellos deutlich beschleunigen.
Zudem erwarte International Rectifier, dass bis Ende des kommenden Geschäftsjahres der Anteil
der Eigenerzeugnisse an den Einnahmen auf mehr als die Hälfte anwachsen werde, da die
Konsumartikel weiter an Bedeutung verlieren sollten. Da der Markt für Halbleiterschalter aus den
genannten Gründen ein schnelles Wachstum erleben werde, und da die Gewinnmargen von
International Rectifier aufgrund bedeutender Einsparungsmaßnahmen und einer günstigeren
Produktpalette schnell wachsen sollten, könnten sich die Aktien des Unternehmens, die derzeit ein
historisches 2002er Kurs-Gewinn-Verhältnis von 20 aufweisen würden, langfristig als
Schnäppchen erweisen.



Quelle: AKTIENCHECK

[stockSWitcher]

IRF bald in Nürnberg zu begutachten:
Article for International Rectifier Corporation (NYSE:IRF)
8:00 AM



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International Rectifier to Debut New Technology Devices at the Power
Electronics, Intelligent Motion and Power Quality International Exhibition


FRIDAY, JUNE 08, 2001 8:00 AM
- BusinessWire

EL SEGUNDO, Calif., Jun 8, 2001 (BUSINESS WIRE) -- International Rectifier (IR)(R)
(NYSE:IRF), the pioneer and market leader in the $4.3 billion power MOSFET industry, will be
showcasing new and innovative power management semiconductors at the Power Electronics,
Intelligent Motion, Power Quality (PCIM) International Exhibition and Conference in
Nuremberg, Germany, June 19 to 21, 2001.

[Kostolany4]

So genial scheinen also die Gleichrichter von IRF nicht zu sein.
Sind Gleichrichter nicht eine Massen- und Pfennigware ? Was ist
das besondere an diesen Gleichrichtern ? Wer kann es in verständlichen
Worten erklären? Danke schon mal.

[neubiene^^^^]

@ k4

die müssen gut sein, weil die auch AMD im Athlon 4 benutzt

[Dr.Knittel]

Hallo zusammen.

ITF aktuell bei 44,20€. Ein Minus zu Gestern von 31,4%.
Ist das eine Kaufgelegenheit? Strong buy?
Der Aktionär gibt in seiner aktuellen Ausgabe ein Kursziel von 105€ bekannt.
Würde mich über eine Antwort freuen.

Gruß Dr. Knittel

[Dr.Knittel]

Sorry. Natürlich IRF.

[stockSWitcher]

Also: es gibt noch Optimisten, die gute Argumente haben (das
kann mit einer gehörigen Portion Skepsis betrachtet werden);
aufgeschnappt im Yahoo-Board:

I believe if you intend to wait for IRF`s earnings or price to create a lower valuation than
IRF sported back on April 4th (you didn`t want to take the risk when the Nasdaq was at
1638.80 and IRF had a p/e of 15) then you will be lurking well into any economic
recovery and maybe forever. Recent earnings revisions made stocks more expensive. By
the time IRF`s earnings turn around to the point where they could get a p/e below 15
again, momentum traders will have already bid the price up again. Maybe you believe the
p/e will go down below 15 because IRF`s share price is going to get cut in half? Could
happen but I doubt it. Besides even it happens I can still get my money back through
patients. No one will give you anything if you happen to be wrong .

You asked me how much growth I really expect over the next 2-5 years.

Lets start with a little recap of some news during IRF`s last fiscal year:
Semiconductors experienced possibly their worst down turn in history, the economy
screeched to a halt, tech inventories grew as profits shrunk, layoffs and right offs have
become the norm. IRF saw the commodity side of its own business fall of a cliff. We
went from expecting a $ 0.70+ 4th quarter to a reported loss of $0.78 (thanks to an 86.4
MILLION DOLLAR restructuring charge). Even with the charge how did IRF do? They
CONTIUED TO GROW. They still managed year over year, top and bottom line growth
and even set a new revenue record.

To answer your question, I expect significant growth over the next 2-5 years and beyond.

I expect a rebound in the economy. I expect Mr. Greenspan`s monetary policy will
provide the liquidity so many ceo`s are begging for. I expect world population to continue
to grow and the evolution of tech to grow even faster. I expect the cyclical nature of
semiconductors that hurt IRF in the past to work in IRF`s favor during the economic
recovery. I expect regulatory bodies throughout the world will drive conservation through
regulation. I expect the anticipation and the acceptance of 42 volt systems and the
electronification of autos to drive IRF revenues for years. I expect IRF`s involvement in
the eletronification of autos will shine an energy efficient fluorescent spot light on the rest
of IRF`s business and create such a highly valued company that only the IRF faithful and
momentum traders will be able to hold on.

The actual level of growth? Lets take another look at the past.

IRF revenues.

5yrs ago-486.1 million
2yrs ago-545.4 million
last year-978.6 million

I can`t give you specific numbers but lets just say if the past is any indication of the future
and if management is as sharp as I believe they are. Then the top line growth, the bottom
line growth and share price growth will all be significant and I don`t think I`d be better off
on the sidelines.

Grüße an alle IRF-Hoffenden
stockSWitcher

[stockSWitcher]

Earnings Release Date Announced for International Rectifier
Advisory...for Thursday (October 25)

WHAT: Earnings Report and Conference Call. CEO Alex Lidow and CFO Michael McGee will conduct a conference call to discuss September-quarter (fiscal first quarter 2002) results and the December-quarter outlook. Log On
Listen to the conference call over the Internet through
StreetEvents or VCall
To listen to the live call go to the Web site at least 15 minutes early to register, download, and install any necessary audio software.

WHEN: October 25
1:30 p.m. (Pacific) report via Business Wire.
2:15 p.m. (Pacific) conference call.
HOW: PHONE IN. Call 212/896-6040 by 2:10 p.m. (Pacific) to be connected to the call.
Replay: A taped replay of this call will be available from approximately 4:15 p.m. Pacific time on Thursday, October 25, through 4:15 p.m. on Tuesday, October 30. To hear the replay by phone, call 800/633-8284 and refer to reservation #1974-4936 International callers may dial 858/812-6440 and use the same reservation number. To hear the replay on the Internet, click on the VCall and StreetEvents links.
CONTACT: International Rectifier, El Segundo, CA. Verna Kuykendall, 310/726-8511

[stockSWitcher]

"There are signs of strength" hießt es u.a. im augenblicklich stattfindenden conference call!
Die Lage könnte - für IRF - also besser sein als die Stimmung!
Grüße an alle auf IRF Setzenden!
StockSWitcher

[stockSWitcher]

INTERNATIONAL RECTIFIER REPORTS SEPTEMBER-QUARTER RESULTS

EL SEGUNDO, CA. - October 25, 2001 -- International Rectifier Corporation (IRF/NYSE) today reported net income of $9.6 million (or $0.15 per share) on revenues of $168.5 million for the quarter ended September, compared to net income of $42.1 million (or $0.63 per share) on revenues of $249.4 million in the comparable prior-year quarter. In the prior quarter, the company posted revenue of $185.1 million and income of $15.1 million (or $0.23 per share), excluding an $86.4 million pretax restructuring charge. Including the charge, the company reported a net loss of $48.8 million (or $0.78 per share) in the June quarter.

Revenues from proprietary products (analog ICs, advanced-circuit devices, and power systems) rose by 8 percent year-to-year. These products now comprise 48 percent of total revenues, compared to 30 percent in the prior-year quarter. Orders for proprietary products grew by 4 percent sequentially and, for the third consecutive quarter, represented more than half of total bookings. Overall orders grew by 3 percent.

September-quarter gross margin was 35.6 percent, compared to 39.6 percent in the year-ago quarter. In the prior quarter, gross margin was 38.8 percent before and 18.1 percent after the charge. Strength in higher-margin proprietary products helped to counter the impact of lower production volumes for components and a decline in component prices.

Shipments to the consumer products, automotive, and defense/aerospace segments increased by 37 percent year-to-year and helped to offset industry weakness in the information technology and industrial markets.

During the quarter, IR proprietary products gained sole-source positions in seven new defense programs and six new satellite programs for industry leaders including Lockheed Martin, Raytheon, Boeing, and Northrup Grumman. Analog ICs, advanced circuit devices, and recently-introduced iPowir modules won key designs to power Intel`s latest-generation processors. IR now dominates power management for mobile processors and holds its highest share ever in desktops and workstations from Dell, IBM, Hewlett-Packard, Compaq, and a number of tier-two box suppliers. IR holds a dominant share in power mangement for energy-efficient appliances, most recently winning sole-source position on the motor drive for the next-generation washer from Sharp Electronics. The company began ramping shipments of proprietary electric power steering modules for a platform that will debut on a leading European vehicle in the next model year.

The company expects revenues to be flat-to-up $5 million in the December quarter, increase by another $5 to $10 million in the March quarter, and outperform the industry growth rate in the June quarter.

Chief Executive Officer Alex Lidow noted, "Our business model has continued to significantly lessen the impact of the worst downturn in semiconductor history. Just this week, the World Semiconductor Trade Statistics forecasted that industry revenues will drop by 29 percent in the nine months ended September. Over the same period, our revenues have declined by only 7 percent. We think we have reached the bottom of this cycle, and our gross margins remain just 6 percentage points off their peak. We continue to capture more silicon content in target applications and believe our design wins will add significant momentum when business turns up. Meanwhile, a cash balance of $815 million gives IR the flexibility to advance our strategic interests and ensure the company`s financial well-being."

[stockSWitcher]

INTERNATIONAL RECTIFIER REPORTS DECEMBER-QUARTER RESULTS

EL SEGUNDO, CA. - January 24, 2002 -- International Rectifier Corporation (IRF/NYSE) today reported net income of $10.8 million (or $0.17 per share) on revenues of $172.1 million for the quarter ended December, compared to net income of $46.5 million (or $0.71 per share) on revenues of $268.1 million in the comparable prior-year quarter. In the immediately-preceding quarter, the company posted revenue of $168.5 million and income of $9.6 million (or $0.15 per share).

Revenues from proprietary products (analog ICs, advanced-circuit devices, and power systems) rose sequentially by 5 percent. These products now comprise over half of total revenues, compared to 31 percent in the prior-year quarter. Orders for proprietary products grew sequentially by 7 percent and, for the fourth consecutive quarter, represented more than half of total bookings. Distributor orders grew sequentially by 12 percent last quarter, the strongest growth since the quarter ended March 2000. Overall orders grew sequentially by 3 percent.

December-quarter gross margin was 35.2 percent, compared to 35.6 percent in the immediately-preceding quarter. In the year-ago quarter, gross margin was 40.7 percent. Strength in higher-margin proprietary products helped to counter the impact of lower production volumes for components and a decline in component prices.

Shipments to the PC, automotive, and consumer products segments helped to offset continued weakness in the telecom and industrial markets.

Chief Executive Officer Alex Lidow noted, "Even during the worst downturn in semiconductor history, execution of our business model has made IR inherently more profitable. At what we believe to be the bottom of this industry cycle, our gross margins remain 8 percentage points above our trough in the previous cycle."

During the quarter, IR continued to win significant new business that demonstrates the advantages of its proprietary technology and the strength of its franchise in target markets.

In the information technology market, analog ICs and advanced-circuit devices from IR won designs in Intel`s most advanced desktop platforms, Dell`s leading-edge mobile and desktop boxes, and new graphics processors from Nvidia and ATI.
In the automotive market, power systems from IR won designs with two industry leaders for variable-speed motor controls.
In the defense and aerospace arena, Lockheed Martin won one of the largest contracts in industry history with a prototype Joint Strike Fighter containing about $200,000 of IR content. Plans call for more than 3,000 aircraft over the life of the program.
In other defense and aerospace programs, IR`s proprietary technology secured more than a dozen new contracts during the December quarter with customers including Lockheed, Northrop Grumman, and Raytheon.
Alex Lidow noted, "IR continues to leverage proprietary products to increase our content in target applications and expand our market opportunities. A pick-up in the PC market, increased funding for defense and security programs, and greater penetration in the automotive market position IR for significant growth in the second half of this calendar year. We are generating cash from operations, and a cash balance of more than $800 million gives us considerable flexibility to pursue long-term strategic goals."

For the six months ended December, net income of $20.4 million (or $0.31 per share) on revenues of $340.6 million compared to prior-year net income of $88.6 million (or $1.34 per share) on revenues of $517.5 million.

The company expects March-quarter revenues to be flat-to-up $10 million sequentially and June-quarter revenues to increase by $10 million to $20 million sequentially.

[stockSWitcher]

Friday, February 1, 2002

IR driving toward higher auto-IC efficiency
Adopting integrated approach to balance power, fuel economy
By Crista Souza
EBN
(11/02/01, 11:35:46 AM EST)


International Rectifier Corp. is pressing deeper into the automotive-IC market with an all-out effort to reduce cost and power consumption through integration.

Efficient use of power in automotive systems is tied directly to fuel economy, and that`s what is driving the car industry-and setting IR`s market strategy, said Alex Lidow, chief executive of the El Segundo, Calif., company.

“Fuel economy is something that won`t go away as a problem,” he said in a recent media briefing at the Wescon Conference and Trade Show in San Jose. “You can`t have all the features and functions we want in a car until we do something about the efficiency. That`s what we do at IR.”

Lidow`s high hopes for the automotive segment were sparked by his vision of a future powered by electric vehicles and fueled by IR`s recent performance in this arena. A year ago, sales to automotive customers represented about 9% of IR`s revenue, having settled at that level for several years. In its 2001 fiscal fourth quarter, which ended in June, IR reported automotive revenue had risen to 21%. Lidow anticipates it will climb to 25% in the next three to five years as current design initiatives-largely addressing the new 42V bus-roll out in future car models.

The impending move by carmakers to 42V bus systems has generated a lot of excitement, but the market is still at least two or three years out, said Nate Andrews, an analyst at Venture Development Corp., Natick, Mass.

“It`s a slow-moving marketplace, but there is potential for a lot of money to be made,” he said. A good supplier will have the ability to work closely with customers on site and the wherewithal to support heavy R&D expenditures for a long-term payoff, he said.

IR supplies the automotive market with power transistors and semiconductors, including high-voltage ICs, MOSFETs, and DC/DC converters, as well as software and proprietary architectures.

In 2000, automotive ICs represented 6.5% of the total power supply/power management IC market, or $335 million in revenue, according to VDC. IR has a competitive position, Andrews said, but is in good company with Allegro Microsystems, Infineon, ON Semiconductor, National Semiconductor, Mitsubishi, Sanken, Semtech, STMicroelectronics, and Toko representing the bulk of the market.

The 42V power architecture has posed a number of challenges related to system design that affect both cost and fuel efficiency, such as the need for distributed power, integrated modular packaging, co-design/co-packaging, and software. IR`s recent developments in integrating analog in motor drives are a natural fit in addressing some of these issues, Lidow said.

“Having analog that can be shrouded in digital was a watershed for being able to get into some key automotive areas,” he said. “We`ve taken the same architecture we developed for motor drives and applied it in several areas of a car.”

Electric fan controllers, for example, represented a low-cost, high-volume product that enabled IR to cut its teeth with many of the car companies, according to Lidow.

Tackling electric steering applications was a bigger challenge for IR because it involved software expertise the company did not have, Lidow said. IR`s acquisition of the Electronic Motion Systems software design center in Halifax, Nova Scotia, filled the gap, and IR was able to develop an electric steering module using the same motor-controller technology developed for washing machines. The system is expected to enter mass production in a few months, and will be in cars made by Volkswagen and others next year, he said.

Leveraging its motor-control expertise once again, IR is targeting integrated starter alternators for 2005-06 model cars. The ICs, which will also use DC/DC conversion technology IR developed for servers and routers, have been designed-in by Ford Motor Co., among others, Lidow said in a conference call discussing IR`s fiscal first-quarter earnings earlier this month.

IR is planning future developments in electric valve controls, electric turbo-chargers, battery management, and hybrid and all-electric vehicles.

[stockSWitcher]

IRF gab am 12.Februar bekannt, dass auf einigen Gebieten der Auto-Elektronik mit dem französischen Spezialisten VALEO (www.valeo.com) kooperiert werden wird. Valeo beliefert alle großen europäischen Autohersteller.