Intersil Corporation (ISIL) - 500 Beiträge pro Seite

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Profile:Intersil Corporation is a systems-oriented designer and manufacturer of analog and digital integrated circuits (ICs) for the wireless access and communications analog markets. The Company uses its proprietary technologies, design capabilities and software to provide systems solutions for rapidly growing wireless local area networks, wireless infrastructure and high-performance analog applications. The Company`s core competencies include the design of analog, mixed-signal, digital-signal processing and radio frequency semiconductor products and the design and development of computer software for high-data-rate radios. The Company`s products include components performing complex communications functions, such as its chip sets for wireless data communications, digital radios and high-speed converters in cellular base stations and power management ICs used in Internet servers and computers.
http://www.intersil.com/cda/home


Intersil + Elantec Means More for Our Customers

Intersil is the leader in wireless networking and power management. Now, with the recent acquisition of Elantec Semiconductor, the Intersil portfolio includes Elantec’s leading solutions for optical storage (CD and DVD recordable disk drives) and flat panel displays. In addition, the combination of Intersil’s and Elantec’s high performance standard analog products yield a larger, complementary analog portfolio. The combined Intersil + Elantec team is ready to talk to you now about bringing more to your next design.

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Reuters Market News
Texas Instruments Develops New Wireless Chip
Tuesday September 3, 4:27 pm ET


Dallas (Reuters) - Texas Instruments Inc. (NYSE:TXN - News) said on Tuesday it has developed a computer chip about half the size and about 25 percent more efficient than current hardware used to connect wireless devices to the Internet or to corporate networks.
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The chip, which was designed to connect mobile devices to short-range wireless networks, should allow handheld, wireless computers to work on a battery about 25 percent longer than today, the company said.

The chip would also increase the battery life of laptop computers by up to 6 percent, according to Texas Instruments.

The use of short-range wireless connections is currently hampered by the bulk of network cards that must be slotted into handheld computers or laptops, and by the strain these cards put on the batteries in these devices.

One analyst said the chip was a step in the right direction. "When you`re actually using your device to access the Internet, the (power) benefits are not that much, but unfortunately that`s part of the wireless standard. Any power saving is beneficial for wireless handheld computer users," In-Stat/MDR analyst Allen Nogee said.

Nogee said that rival Intersil Corp. (NasdaqNM:ISIL - News) is also developing power-saving chips for short-range wireless.

Texas Instruments said it expects to ship the product to network card makers, at a price point of about $10 each in the fourth quarter.

Texas Instruments stock fell $1.18, or 6 percent, to $18.52 on the New York Stock Exchange.

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Intersil Affirms Its Third Quarter 2002 Revenue and Earnings Guidance
Company Expects Another Solid Quarter
Wednesday September 4, 5:02 pm ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 4, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today that it is affirming its revenue and earnings guidance for the third quarter of 2002.
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At the SG Cowen conference in Boston, Intersil`s Chief Financial Officer, Dan Heneghan said, "We are having another solid quarter. Previously, we guided for 6 to 8 percent sequential revenue growth in the September quarter, and it now looks like we will achieve 8 percent growth. Our Power Management and Wireless Networking product groups are driving the majority of the growth this quarter. As our costs are also in line with previous expectations, we anticipate meeting our adjusted earnings per share goal of $0.18." Intersil expects to report its third quarter financial results on October 23, 2002.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in connection with affirming its financial guidance for the third quarter include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which our present and future customers and end-users adopt Intersil`s high performance analog, wireless access, optical storage, and flat panel display technologies and products; the rate at which consumers; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, notebook computers, optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; risks of not securing regulatory approvals; accounting treatment and charges; and the risks that the acquisition cannot be completed successfully, or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.



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Contact:
Intersil Public Relations
Brent Dietz, 321/729-5973
[e-mail]
or
Intersil Investor Relations
Pete Hargittay, 949/341-7062
[e-mail]



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Source: Intersil Corporation

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Philips Announces Alliance With Intersil to Make High-Speed DVD Recording a Reality
New DVD+RW/+R reference design based on Philips chip set and Intersil laser driver will support industry`s fastest DVD recording
Thursday September 5, 8:31 am ET


SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 5, 2002-- Royal Philips Electronics (NYSE:PHG - News; AEX:PHI) today announced an alliance with Intersil Corporation to jointly develop a reference design based on a Philips chip set and Intersil laser driver for DVD+RW/+R (DVD+ReWriteable/+Recordable) drives. The reference design for both PC and standalone DVD recorders will support 4X record speeds, and has the potential to support record speeds up to 12X. With DVD recorders based on this reference design, consumers will have the ability to create 4.7 GByte video or data DVDs in fewer than 15 minutes, twice the speed of existing DVD recorders. Typical applications include producing home video and photo album DVDs, and PC data backup and archiving.
The DVD+RW reference design will be based on an Intersil laser driver IC, and Philips encoder and decoder semiconductors and firmware (software). The reference design will be offered to a broad range of DVD+RW manufacturers, including Philips. A DVD+RW/+R data drive allows consumers to store up to an equivalent of seven data CDs on a single disc.

"DVD writer shipments for the PC and consumer electronics markets are expected to grow from six million units in 2002 to 60 million in 2006," said Michelle Abraham, senior analyst for In-Stat/MDR. "We expect to see consumers adopt DVD rewritable quickly, because of their familiarity with CD-RW technology."

"Intersil Corporation is pleased to collaborate with Philips, a technology leader in optical storage, to bring high-speed DVD+RW recording to the market. We plan to continue working with Philips to achieve even higher DVD recording speeds," said Rich Beyer, president and CEO of Intersil.

Philips` collaboration with Intersil builds on Philips` pioneering development and continuing leadership in optical storage technology. As the inventor of the Compact Disc (CD) in 1982, Philips has been leading and setting CD and DVD storage standards for two decades.

"Intersil`s innovative programmable laser drivers, combined with Philips Nexperia software and encoder/decoder chips, will enable a new generation of high-speed DVD+RW recorders," said Leon Husson, executive vice president, Philips Semiconductors. "We expect that our ongoing collaboration with Intersil, the industry leader in laser driver ICs, will bring additional new features to DVD+R/RW recorders."

The rewritable DVD+RW/+R format enables true convergence between personal computing and consumer electronic products. DVD+R and DVD+RW discs written on a DVD+RW/+R recorder can be read and played in the vast majority of existing DVD drives.

"DVD+RW/+R technology offers significant advantages over other DVD recording formats, including support for variable rate audio/video encoding, which allows consumers to achieve higher-quality video using less disc space, and the ability to easily add additional data to an existing DVD+RW disc," Husson added.

Philips plans to offer the DVD+RW/+R reference design based on the Intersil laser driver in early 2003.

DVD+RW is the compatible, rewritable DVD format developed by the DVD+RW Alliance -- a group of industry-leading personal computing, optical storage and electronics manufacturers. Alliance members include Dell, HP, MCC/Verbatim, Philips, Ricoh, Sony, Thomson Multimedia and Yamaha. According to the DVD+RW Alliance, more than 70 additional companies have formally pledged support for DVD+RW/+R technology.

About Philips

Royal Philips Electronics of the Netherlands is one of the world`s biggest electronics companies and Europe`s largest, with sales of $28.8 billion (EUR 32.3 billion) in 2001. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 184,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.newscenter.philips.com/usa.

Other product or service names mentioned herein are the trademarks of their respective owners.



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Contact:
Philips Semiconductors
Europe: Marijke Sas, [phone]
[e-mail]
Asia Pacific: Robyn Kao, [phone]
[e-mail]
or
Philips



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Source: Philips

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Intersil Releases Industry`s First Blu-Ray Disc Format Laser Driver to Enable Next-Generation Consumer HDTV and PC Optical Disc Recording
EL6900C driver increases recording capability from 4.7 to 27 GB on a single-side CD/DVD
Monday September 9, 12:19 pm ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 9, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced the release of the world`s first laser driver designed specifically for the new Blu-Ray Disc industry-standard disc-recording format. The Blu-Ray Disc standard is the next-generation recording technology beyond DVD that dramatically increases recording density by using a shorter-wavelength 405-nm blue-violet laser - compared to the conventional longer-wavelength 650-nm red laser used for today`s DVD technology.
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"Intersil is once again leading the industry in the next wave of video and data storage technology. The EL6900C and the Blu-Ray Disc recording standard satisfy the surging demand for increased disc-based video and data recording capacity, " said Michelle Abraham, senior analyst with In-Stat/MDR. "We project this new technology will propel the DVD rewritable market to 62 million units in 2006."

The Blu-Ray Disc shorter-wavelength laser enables a smaller spot size and track pitch to be recorded on the disc and thus increases the storage density from 4.7 to 27 GB on a single side disc. The 27-GB Blu-Ray Disc format is targeted into a variety of applications including PC archival data storage Ultra Density Optical (UDO) drives and Consumer digital video recorders (DVR) to record up to two hours of high-definition television (HDTV) on a single 120-mm DVD/CD size disc.

"The EL6900C is our first product offering on our roadmap of Blu-Ray Disc format write strategy laser drivers and demonstrates our commitment to developing the first industry-enabling products for emerging high growth Optical Disc Storage Markets," said Mohan Maheswaran, vice president and general manager of Intersil`s Elantec Product Group. "We will continue to develop state of the art products that enable increasing write-speed performance and integration of system-level features that offer the highest performance and most cost effective system-level solution in the industry."

How the EL6900C Implements the Blu-Ray Disc Standard

The innovative architecture of the EL6900C programmable laser driver has the Blu-Ray Disc standard write-strategy waveforms integrated into its high-speed waveform generator. This eliminates the need to drive high-speed timing signals and the critical accuracy write-current power levels over the flex cable. Instead, these signals are all programmed digitally and converted internally to the analog output to drive the laser. This results in a dramatic reduction in time and amplitude noise. In addition, multi-level programmability increases the fidelity of the write operation and enables this architecture to breakthrough the performance limits and design problems of existing parallel architecture laser diode drivers.

"The EL6900C integrates key functions needed to simplify the design of closed-loop automatic power control. This is a major breakthrough and will enable increasing write performance, flexibility and lower-cost system solutions over existing architectures," said Stephen P. Sacarisen, marketing director for Intersil`s Optical Products Group.

EL6900C Technical Description

The EL6900C offers significant performance and cost-saving benefits. On-chip real-time power control is provided because the EL6900C includes a two-channel sample-and-hold amplifier that can be programmed for four separate gains under register control. Time and manufacturing costs are further reduced because each channel has an 8-bit calibration DAC to eliminate the need for external potentiometers, normally required for external calibration at manufacturing.

Each channel`s 210-MHz clock speed enables up to 3X Blu-Ray Disc write performance. Closed-loop automatic power control (APC) is supported with the EL6900`s additional Islope and IAPC inputs. A separate high-current driver for the laser is not needed because the EL6900C contains a high-current output that directly drives current into the blue-violet laser. A digital serial bus makes it easy to program the internal command and data registers. Other features include: programmable amplitude and frequency modulation, low- noise read amplifier, programmable laser slope compensation DAC and programmable laser threshold current DAC.

EL6900C Key Features

Blu-Ray Disc standard
Complete highly integrated laser diode driver
High-current output for direct laser drive
On-chip real-time power control
8-bit X 8-bit multiplying DAC output provides 8-bit full-scale adjustment and 8-bit resolution at any full-scale output
Two analog inputs support slope and read automatic power control
120-ps timer resolution
HFM oscillator programmable to 100 mAp-p from 100 to 500 MHz
PLL allows reduced clock frequency on flex cable
Serial data input works up to 25 MHz
Dual sampled I/V amplifier with programmable sample select and gain select
EL6900C Availability and Pricing

The EL6900C is available now in the 38-pin leadless plastic package (LPP). Each IC is priced at $5.00 in 10,000-unit quantities. Contact Stephen P. Sacarisen for more information at: 408-945-1323 x 345.

To learn more about Intersil`s Elantec optical storage devices and solutions, visit the Intersil Web site at: http://www.intersil.com/cda/application_e/0,1293,36,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in connection with the Blu-Ray Disc Format laser driver market include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which our present and future customers and end-users adopt Intersil`s optical storage technologies and products; the rate at which consumers purchase desktop and notebook computers, optical storage (CD and DVD recordable), and video technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; risks of not securing regulatory approvals; accounting treatment and charges; and the risks that the acquisition cannot be completed successfully, or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.

All other trademarks mentioned are the property of their respective owners.



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Contact:
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]
or
Intersil
Brent Dietz, 321/729-5973
E-mail: [e-mail]



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Source: Intersil Corporation

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Intersil Launches Advanced PWM + Linear Combo Power Controller
New Endura Controller Provides High Performance, Space Savings and Low BOM; Power Controller Offers High Efficiency from 5- to 24-V supplies for Wide Range of Applications
Tuesday September 10, 8:57 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 10, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced the new Endura(TM) ISL6226 synchronous buck PWM plus linear low-dropout (LDO) combo controller. The ISL6226 controller reduces parts count and saves board space while offering the industry`s lowest bill of materials.
The wide operating voltage range of 5- to 24-V makes this advanced dual controller an ideal choice to power chip sets, memory, audio and graphics in a wide range of portable and fixed information appliances. Target applications include notebook PCs, web tablets, portable data terminals, point-of-sale terminals, portable instruments, LCD-PCs and blade servers.

The ISL6226 provides a low-cost and flexible power solution with both an advanced PWM controller and a linear LDO regulator in a single 24-lead SSOP package. Component count and costs of the solution design are reduced because no current sense resistor is needed, no discrete Schottky diode is needed parallel to the lower MOSFET and there is only one 5-V power pin, which eliminates one bypass capacitor and a resistor. In addition, only a single resistor is needed for current-limit protection. The ISL6226 delivers excellent dynamic response, thermal shutdown protection, and high efficiency during light load operation.

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ISL6226 Features
PWM Controller:
-- Output voltage (0.9 V to 93% of Vin)
-- High efficiency over wide load range
-- Hysteretic mode preserves efficiency for light-load conditions
-- Lossless current sense scheme using the MOSFET`s RDS(ON)
-- Optional current sense method for higher precision
-- Excellent dynamic response with combined voltage feed-forward
and current mode control
-- 300/600 kHz switching frequency
-- Under-voltage, over-voltage and over-current protection
-- Power good Indicator

Linear LDO Regulator:
-- Up to 3 A output current
-- Voltage out range of 0.8- to 3.8-V using external NPN transistor
-- Voltage out range of 0.8- to 3.0-V using external MOSFET
-- Enable, soft start and power good pins
-- Over-current and over-voltage protection

Overall:
-- Efficient direct conversion from 5- to 24-V source
-- Thermal shut down
-- 24-lead SSOP package
-- Evaluation platform - ISL6226EVAL1


ISL6226 Pricing and Availability

The ISL6226 is available now. Price per ISL6226CB-T, on tape and reel, is $2.20 in thousand unit quantities. Other quantity pricing is available upon request.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: www.intersil.com

Endura is a trademark of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



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Contact:
Intersil
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



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Source: Intersil

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Intersil Introduces Industry`s First TFT-LCD Programmable Buffer with I2C Interface
New EL5126 Enables TFT-LCD Gamma Voltages to be Programmed In LCD Display and Next Generation Smart Panels
Tuesday September 17, 9:29 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 17, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today introduced the industry`s first TFT-LCD programmable buffer with an I2C interface tailored for liquid crystal displays (LCD) and next generation smart panel designs. Intersil`s EL5126 programmable reference generator simplifies the development process by allowing designers to tailor the voltage transmission curve, or gamma curve, for different LCD display applications.
"Targeted at next generation smart panel designs, these new programmable buffers save our customers development time by allowing them to adjust the gamma curve depending on customer requirements, end-user selections, or based upon the characteristics of a given panel," said Michael Jennings, director of strategic marketing for Intersil`s Elantec Video and Amplifier Products. "The EL5126 also replaces current buffer topology and resistor ladders, eliminating the lengthy selection process for the resistors used to generate the gamma voltages."

EL5126 Technical Description

The EL5126 provides a versatile method of providing the reference voltages that are used in setting the transfer characteristics of LCD display panels. Intersil`s EL5126 features 8-reference outputs, each programmable to a 10-bit resolution. Each channel of the device is capable of swinging to either power supply rail and has a very robust 30mA continuous output current rating. The EL5126 also features an output range of up to 18 volts, while the input side can operate from 3 volts to 5 volts. Programmable via an I2C serial interface, the EL5126 can be controlled either by a microcontroller, an ASIC within a smart panel application, or by adapting functionality of an existing timing controller.

Intersil`s EL5126 complements the EL5825 - an 8-channel device that incorporates a three-wire interface - and is the latest device in a broad family of Intersil products targeted at TFT-LCD applications, including PDAs, automobile displays, desktop PC monitors, and notebook PC and LCD-TV flat panels. Complementary Intersil products include gamma buffers, VCOM amplifiers, DC/DC converters and programmable buffers.

EL5126C Key Features

Produces reference voltages required for TFT-LCD applications
8-channel reference outputs, each programmable to 10-bit resolution
Stackable for applications requiring more than 8 outputs
Accuracy of +/-0.1%
Low supply current of 10 mA
Rail-to-rail capability
I2C control interface
EL5126 Availability and Pricing

The EL5126 is now available in sample quantities in a 32-pin leadless plastic package (LPP). Volume production is expected to begin in November, and each IC is priced at $3.10 in 1,000-unit quantities.

To learn more about Intersil`s Elantec LCD display devices and solutions, visit the Intersil Web site at: http://www.intersil.com/cda/application_e/0,1293,35,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

Elantec is a trademark of Intersil Corporation or one of its subsidiaries. All other trademarks mentioned are the property of their respective owners.



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Contact:
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]
or
Intersil Corporation
Brent Dietz, 321/729-5973
E-mail: [e-mail]



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Source: Intersil

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Intersil Enters the 802.11a WLAN Arena with the Industry`s Best Performance and Lowest Bill of Materials
PRISM Indigo Enters the 5 GHz Fray With a Total BOM of Less Than $35
Wednesday September 18, 8:05 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 18, 2002--Intersil Corporation (NASDAQ: ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that PRISM Indigo(TM), the industry`s lowest priced IEEE 802.11a-compliant Wireless Local Area Networking (WLAN) solution for the 5 GHz band is now in full production.
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Designed to meet the market`s escalating demand for high-speed wireless connectivity, PRISM Indigo delivers fast 54 megabits per second (Mbps) throughput.

"Our PRISM® 2.4 GHz chip sets are the first choice of the leading companies in the Wi-Fi (802.11b) marketplace, and PRISM Indigo ensures we will be the WLAN leader in the 5 GHz (802.11a) arena," said Rich Beyer, Intersil`s president and CEO. "And our roadmap for success doesn`t end there. Early next month, we will be sampling PRISM Duette(TM), a highly integrated dual-band 802.11a, b, g WLAN solution capable of transmitting high-speed video, voice and data at speeds up to 54 Mbps while remaining 100 percent backward compatible to the existing installed base of over 30 million Wi-Fi systems worldwide."

"Intersil has been building Wireless LAN solutions longer than any other company, and we are leveraging that rich history of system expertise, service, software, support and best-in-class radio performance into a whole new generation of high speed products," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Products Group. "PRISM Indigo is a continuation of our proven track record for offering cost competitive, robust and high-performance WLAN products that offer exceptional value and superior features for our customers."

PRISM Indigo employs OFDM technology and complies with the Institute of Electrical and Electronics Engineers` (IEEE) 802.11a (5 GHz) standard. The first solution suite to be released includes a FCC-compliant Cardbus reference design, a software developer`s kit, device drivers, application and security software, manufacturing test tools and diagnostic software. A mini-PCI reference is slated for release in November. PRISM Indigo is engineered to meet the Wireless Ethernet Compatibility Alliance`s (WECA) 5 GHz interoperability guidelines.

The PRISM Indigo product family expands Intersil`s world`s leading portfolio of industry-leading WLAN integrated circuit (IC) solutions into the 5 GHz spectrum, providing WLAN system suppliers with a host of new applications opportunities. The new PRISM Indigo reference design incorporates the latest security and Quality of Service enhancements for deployment of video streaming, Voice over Internet Protocol (VoIP) and multimedia related services for the home and enterprise.

In the office environment, PRISM Indigo supports broadband infrastructure applications including building-to-building wireless bridging and high bandwidth end-user applications such as video streaming and multimedia. "PRISM Indigo will set the bar for price and performance in the WLAN chip set market. Our independent testing shows superior range and throughput characteristics versus other 5 GHz wireless networking chip set solutions available today," added Ciaccia. "We have a broader portfolio of design aids for fast integration of wireless into a variety of products and applications that will support reliable and simultaneous, multi-channel video, voice and CD-quality audio throughout the entire home."

The PRISM Indigo chip set includes all of the ICs required to implement a 5 GHz WLAN design: Radio Frequency to Intermediate Frequency (RF/IF) Converter, IF to Baseband Converter (IF/BB) and Baseband Processor/Medium Access Controller (BBP/MAC). For more information concerning PRISM Indigo, go to http://www.intersil.com/design/prism/indigo.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com.

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s WLAN product group include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, and notebook computers with embedded wireless; the rate at which our present and future customers and end-users adopt Intersil`s wireless access technologies, including Prism, Prism Indigo, and Prism Duette; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; average selling price (ASP) erosion; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; risks of not securing regulatory approvals; accounting treatment and charges; and the risks that the acquisition cannot be completed successfully, or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark of Intersil Americas Inc.

PRISM Indigo and PRISM Duette are trademarks of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation
Ron Paciello, 321/724-7184
[e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Reuters Company News
Wireless LAN unit sales set for rapid growth-study
Thursday September 19, 7:23 am ET


AMSTERDAM, Sept 19 (Reuters) - Half of the portable computers used in offices will have a wireless connection to the corporate computer network by the end of 2003, according a new study published Thursday.
ADVERTISEMENT


While personal computer sales are stagnant, global sales of wireless systems using so-called Wireless LAN (WLAN) technology, continue to boom, according to research group Gartner Dataquest. Global sales of WLAN system units are forecast to increase 73 percent to 26.5 million, up from 15.5 million units in 2002. The average price per unit is falling quickly, which means that revenues will grow much more slowly - by 26 percent to $2.8 billion.

Wireless LAN, often referred to by a numeric tag 802.11, uses wireless base stations, hooked up to a fixed-line network, which establish a radio connection over a distance up to 100 metres with a computer fitted with a WLAN adapter card.

The technology is especially popular for portable PCs because they can connect to a network from anywhere in an office, hotel or coffee shop that has a WLAN network.

The rapid growth is good news for WLAN chip makers Intersil Corp (NasdaqNM:ISIL - News) and Agere Systems Inc (AGRa.N.), but also for some 70 vendors of complete base stations and adapters, including giants like Intel (NasdaqNM:INTC - News) and Cisco (NasdaqNM:CSCO - News).

However, Intel has made clear that it aims to include wireless network radios in its chipsets. If successful, this means tough going for Agere and Intersil, which currently dominate in WLAN components.

Software giant Microsoft (NasdaqNM:MSFT - News) said on Thursday it would launch a range of 10 products using WLAN technology including base stations and adapters for notebooks and PCs.

Increasingly the WLAN radio will be integrated on the mother board of a personal computer. In 2002, approximately 10 percent of all portable PCs will be shipped with a wireless LAN included and it is expected to increase to 31 percent in 2004.

By 2007, Gartner Dataquest forecasts 68 percent of all mobile PCs shipped will include a wireless LAN.

In the corporate world the penetration will be even higher. Gartner Dataquest forecasts the penetration rate of wireless LAN into the professional portable PC installed base will grow from nine percent in 2000 to almost 50 percent by the end of 2003, and it is expected to surpass 90 percent by 2007.

[panik]

3:45PM Intersil rebounds on Microsoft news (ISIL) 14.30 -0.10: -- Update -- ISIL shares have seen a significant rebound in the last hour, due we`re told to positive comments from UBS Warburg, which said that ISIL is poised to benefit now that MSFT is entering the wireless LAN mkt (MSFT is a customer of ISIL); it is unclear how large a customer MSFT will be, but firm believes this is positive news.

[panik]

Intersil Introduces Industry`s First 3.3-V Ringing SLIC with 100-V High Battery Ringing Supply Voltage Capability
Monday September 23, 9:17 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 23, 2002--(Nasdaq:ISIL - News)
Small form-factor QFN package conserves board space
--Supports elimination of 5-V supply in consumer premises equipment
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced the ISL5585 series of 3.3-V ringing Subscriber Line Interface Circuits (SLICs). These new ringing SLICs are the world`s first to combine 3.3-V chip voltage with up to -100-V high battery (VBH) ringing supply voltage capability. The ISL5585 SLIC series supports the space- and cost-saving trend in broadband gateway applications to eliminate the 5-V supply in favor of a single lower-power 3.3-V chip supply. Designers can select an ISL5585 in the very small Quad Flatpack No leads (QFN) package to minimize board space requirements.

The market for broadband gateways, including cable and DSL modems, is ramping at a brisk rate. According to a recent report (MDR 2/2002) from In-Stat, the compound annual growth rate for Residential Gateways in USA markets for the period 2002 through 2005 is projected to be approximately 130 percent. This includes cable, DSL, satellite and fiber-to-the-home. To meet the needs of manufacturers in these high-growth markets, Intersil has established agreements with key industry leaders, such as Texas Instruments, Integrated Devices Technology and OKI Semiconductor, to provide complete voice solutions including reference designs and layouts. These reference designs greatly reduce manufacturers` costs and time-to-market.

"Intersil is maintaining its leadership in voice-interface markets by working closely with industry leaders and end-users to determine emerging needs and develop complete solutions," said Mike Althar, vice president of Intersil`s Analog Solutions Products. "We are able to provide customers a varied selection of complete voice-interface reference designs that include CODECs and DSP ICs."

The 5-V supply elimination trend is due to space-, power- and cost-saving efforts in more complex new and next-generation broadband gateways. These include voice-enabled cable and DSL modems, where added features and interfaces compete for space and increase costs and power demand. The SLIC is one of the last system components to migrate to the lower 3.3-V supply voltage enabling designers to finally eliminate the 5-V system regulator altogether. The shedding of the 5-V supply frees up space and provides significant savings to the overall bill of materials, which creates a more cost competitive product.

ISL5585 Series

ISL5585 SLICs provide many benefits to the design and designer. The low 3.3-V chip voltage reduces power consumption and supports the move away from a costly 5-V supply in the same design. A further reduction in the overall bill of materials is realized using the ISL5585 SLICs because they provide on-chip ring waveform generation and programmable current limiting, functions usually achieved with additional circuitry. On-chip programmable transient current limiting reduces the complexity and cost of the power supply because the power supply does not have to be designed to respond to, or control, sudden transient currents caused by on-hook/off-hook changes. ISL5585 SLICs help to further conserve power, offering a mere 65-mW standby consumption (at -75 VBH).

Other benefits of the ISL5585 series include tip-open ground start operation to support Foreign Exchange Station (FXS) interfaces and balanced or unbalanced ringing to accommodate legacy PBX trunks. The ISL5585 series SLICs are available in both the 28-lead PLCC package and the very small 32-pad QFN package. The 7 X 7 mm QFN package offers significant space savings along with much greater thermal efficiency. The ISL5585EVAL1 evaluation board and application note are available.

General Applications

Short-loop access platforms
Voice over Internet Protocol (VoIP)
Voice over cable and DSL modems
Internet Protocol PBX
Fiber-To-The-Home (FTTH)
Remote subscriber units
Ethernet terminal adaptors
Price and Availability

Products are now sampling and will be market released this month. Projected pricing in quantities of 1000 units is in the range of $3.65 to $5.50 depending on specific part selected.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s Analog Solutions product group include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which consumers adopt broadband gateways (including cable and DSL modems, satellite, and fiber to the home), small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase notebook computers, PC`s and desktop computers; the rate at which our present and future customers and end-users adopt Intersil`s voice interface, communications analog, power management, and standard analog technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; accounting treatment and charges; and the risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

All trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[HUGENEWS]

Intersil Unveils New Family of Higher Speed CD-R/RW Laser Drivers
EL622XC Driver Improves CD-R/RW Drive Speeds from 48X to 52X
Wednesday September 25, 9:33 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Sept. 25, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today unveiled a new family of new high speed laser driver integrated circuits (ICs) designed specifically to enable read (CD-R) and read/write (CD-R/W) speeds up to 52X in CD-R/W laser disk drives. Intersil`s new EL622XC family of three- and four-channel laser drivers enables higher read/write speeds in existing CD-R/W drives while reducing component count and shortening data signal routing in more compact future designs.
ADVERTISEMENT


"The EL622XC family adds to Intersil`s market-leading portfolio of CD and DVD recordable products and gives original equipment manufacturers (OEMs) a quick upgrade path to higher speed, higher performance CD-R and CD-R/W drives," said Stephen P. Sacarisen, director of strategic marketing for Intersil`s Elantec Optical Storage Products. "The EL622XC family assures that we will maintain our performance leadership in the CD-R/RW drive market by offering new products that are pin-to-pin and functionally compatible with existing production designs, allowing customers fast time to market. These devices reduce component count, shorten signal routing and enable more compact optical pickup designs - particularly important attributes to PC OEMs who will continue to attach faster and faster CD-R/RW drives to their products."

Intersil`s new EL622XC family of Elantec laser drivers provides improved waveform fidelity, increased output current, lower power dissipation and reduced noise to enable higher speed CD-R/RW designs. Each device in the family includes an on-chip 600 MHz oscillator to allow frequency and amplitude control by use of external resistors to ground. The external resistors allow customers to accurately and independently set each amplifier transconductance by applying a voltage to the resistor without restriction on the voltage range, thus ensuring broad voltage DAC compatibility. Each device includes a disable feature for power-up protection and power savings. The EL622XC family is compliant with the industry-standard Orange Specification for CD-R and CD-R/W write strategy disc formats at speeds up to 52X.

EL622XC Key Features

Three- and four-channel devices provide controlled current to grounded laser diode
On-chip 600 MHz oscillator allows output current modulation in any mode
Switching speed of less than 1 nanosecond rise/fall time
Single +5V supply (+/-10%)
Disable feature for power-up protection and power savings
"Shrink-small" quarter size outline package (QSOP)
EL622XC Availability and Pricing

The device family, which includes the EL6221C, EL6224C, EL6226C and EL6227C, is available now in quarter size outline packages (QSOPs) and each device is priced at $2.50 in 10,000-unit quantities. Contact Stephen P. Sacarisen for samples or additional information at 408-945-1323, extension 345.

To learn more about Intersil`s Elantec optical storage devices and solutions, visit the Intersil Web site at http://www.intersil.com/cda/application_e/0,1293,36,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s, and its Elantec Product Group`s ("Elantec"), business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in the CD-R/RW market include, but are not limited to: the slowdown in the technology sector; the rate at which consumers purchase desktop computers, notebook computers, and other devices containing Intersil`s CD-R/RW products; the rate at which consumers adopt Elantec`s optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; accounting treatment and charges; and risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

9:24AM Intersil could be pressured by Intel/Linksys talks - Needham (ISIL) 13.59: Needham says they have come to learn that INTC is currently in discussions with Linksys over a possible WLAN marketing agreement; ISIL is currently the primary supplier of 802.11b chipsets to Linksys, and should INTC aggressively market its WLAN chipsets to 3rd party equipment vendors, ISIL`s WLAN biz and margins could face increased pressure in the longer term.

[panik]

Intersil Unveils New Higher Speed Laser Driver for DVD/CD Dual Writer Optical Disk Drives
EL6229C Dual Laser Diode Driver Increases Speeds Up to 52X In Existing CD-R/W Designs; Combines Superior Performance With Pin-for-Pin Compatibility
Tuesday October 1, 11:01 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 1, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today unveiled a new dual laser diode driver designed specifically to enable read (CD-R) and read/write (CD-R/W) speeds up to 52X in laser disk drives. Intersil`s new EL6229C dual three-channel laser driver enables optical disk drive manufacturers to increase the performance of existing designs or quickly develop a DVD/CD dual writer driver from a single CD writer drive design.
ADVERTISEMENT


"The EL6229C is the latest addition to a portfolio of CD and DVD recordable products that have made Intersil the number one laser driver IC supplier in the world. Our latest offering, a dual laser driver that provides outputs for both a CD and DVD laser, allows customers a quick upgrade path to better waveform fidelity, better performance and higher speed CD-R and CD-R/W drives," said Stephen P. Sacarisen, director of Strategic Marketing for Intersil`s Elantec Optical Storage Products. "The EL6229C is pin-for-pin compatible with our EL6119, but offers the superior performance of our new EL622XC family, enabling read and read/write speeds up to 52X in CD-R/W laser disk drives. Like the other products in our EL622XC family, the EL6229C reduces component count, shortens signal routing and enables more compact optical pickup designs."

Intersil`s EL6229C is a dual three-channel (one read and two write levels) laser driver that provides improved current control to both the CD and DVD laser diodes. Each channel has a separate enable pin for the DVD or CD driver output. This simplifies control and gives 100 percent compatibility with existing single channel designs. Like other devices in Intersil`s new EL622XC family, the EL6229C provides improved waveform fidelity, increased output current, lower power dissipation and reduced noise to enable higher speed CD-R/RW and DVD designs.

The EL6229C has an on-chip 600 MHz oscillator to allow frequency and amplitude control by use of external resistors to ground. The external resistors allow customers to accurately and independently set each amplifier transconductance by applying a voltage to the resistor without restriction on the voltage range, thus ensuring broad voltage DAC compatibility. It also includes a disable feature for power-up protection and power savings. The EL6229C is compliant with the industry-standard Orange Specification for CD-R and CD-R/W write strategy disc formats at speeds up to 52X and all DVD formats.

EL6229C Key Features

Three-channel device provides controlled current to grounded laser diode
600 MHz on-chip oscillator allows output current modulation in any mode
Switching speed of less than 1 nanosecond rise/fall time
Single +5V supply (+/-10%)
Disable feature for power-up protection and power savings
CMOS control signals
32-pin leadless plastic package
EL6229C Availability and Pricing

The EL6129C is available now in a 32-pin leadless plastic package at $3.50 each in 10,000-unit quantities. Contact Stephen P. Sacarisen for samples or additional information at 408/945-1323, extension 345. To learn more about Intersil`s optical storage devices and solutions, visit the Intersil Web site at http://www.intersil.com/cda/application_e/0,1293,36,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,36,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Continues Expansion of MightyMUX Switch Line With Three New Low-Voltage Quad Analog Switches
Thursday October 10, 8:03 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 10, 2002--Intersil Corporation (Nasdaq:ISIL - News):
High performance for battery-operated portable devices and high-precision equipment
New switches operate from single or dual supplies and offer low leakage and fast switching
Intersil Corporation, a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced three new additions to their rapidly growing MightyMUX(TM) high-performance analog switch line - the ISL84521, ISL84522 and the ISL84523. These new quad switches follow closely on the heels of seven products already released this quarter and add further flexibility for designers of low-voltage applications in portable equipment and high precision instrumentation.

Targeted applications include portable battery-powered equipment in which space and power consumption are concerns and high-precision equipment used for medical, communications, and testing. Low leakage currents (10 nA max) lengthen hold times in sample-and-hold-circuits and fast switching speeds (tON = 45 ns, tOFF = 15 ns) reduce propagation delays in timing sensitive applications. These switches offer minimal charge injection of only 5 pC (max) to maximize signal integrity. The tiny 3 X 3-mm QFN package requires very little board space. This combination of features makes Intersil`s newest switches an ideal solution for low-power space-constrained applications.

Each of these new ICs contain four single-pole single-throw (SPST) configured switches and operate from a single 2-V to 12-V supply or a dual +/-2-V to +/-6-V supply. The ISL84521 has all normally closed (NC) switches, while the ISL84522 features all normally open (NO) switches. The ISL84523 has two normally open and two normally closed switches, which can be configured as a double-pole double-throw (DPDT) switch or as dual 2-to-1 multiplexers. All devices can be used as switches or multiplexers.

Each of these new Intersil MightyMUX switches is available in 16-lead SOIC, 16-lead TSSOP and 16-pad QFN packages. The ISL84521, ISL84522 and ISL84523 are drop-in replacements for the Maxim MAX4521, MAX4522 and MAX4523 respectively. By maintaining a second supplier in high-volume applications, customers reduce their risk of part shortages when industry demand strains supplier capacity.

ISL84521, ISL84522 and ISL84523 Technical Details

Single 2-V to 12-V (15 V max) supply or a dual+/-2-V to+/-6-V supply
Very low leakage current, 10 nA max
Fast switching, tON = 45 ns, tOFF = 15 ns
Very low charge injection, 5 pC (max)
Minimum 2000 V ESD rated per Method 3015.7
TTL and CMOS compatible
ISL84521 - quad SPST, all NC
ISL84522 - quad SPST, all NO
ISL84523 - quad SPST, two NO, two NC
Packages: 16-lead SOIC, 16-lead TSSOP, 16-pad 3 X 3 mm QFN
Drop-In replacements for Maxim`s MAX4521, MAX4522 and MAX4523 devices
ISL84521, ISL84522 and ISL84523 Applications
Use with:

Low supply voltage DACs and ADCs
Sample and hold circuits
Digital filters
Op-amp gain switching
High-frequency analog switching
High-speed multiplexing
Integrator reset circuits
Use in:

Portable appliances - cellular phones, pagers, notebooks, PDAs
Communications systems - radios, PBX, switches, routers
Test equipment - logic analyzers, spectrum analyzers, multimeters, avionics
Medical equipment - ultrasound, electrocardiograph, MRI, patient monitoring, CAT
Avionics - communication, navigation, instrumentation, simulator
Audio and video switching - production, surveillance
Price and Availability

Products are available now. Pricing for quantities of 100 to 999 is as follows: All devices are also available in Tape & Reel.

Part Number Package Temp Grade Price
----------------------------------------------------------------------
ISL84521IB/ISL84522IB/ISL84523IB 16-lead SOIC -40 to 85 C $0.66
ISL84521IV/ISL84522IV/ISL84523IV 16-lead TSSOP -40 to 85 C $0.75
ISL84521IR/ISL84522IR/ISL84523IR 16-pad QFN -40 to 85 C $0.85

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

MightyMUX is a trademark of Intersil Americas, Inc.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Mark E. Hazen, 321/729-4646
[e-mail]
or
Ketchum
Henry Seifried, 412/456-3761
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

KarlNet`s New Dual-Band Access Point Provides 20 Percent Better Throughput using Intersil`s PRISM Indigo 802.11a Wireless LAN Solution
KarlNet`s Firmware is Optimized to Increase Radio Performance in the 5 GHz Band; PRISM Indigo(TM) Technology Provides Best Performance at 54 Megabits Per Second (Mbps) Data Rates
Thursday October 10, 9:50 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 10, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today that KarlNet, Inc., a leading provider of wireless software, firmware and hardware reference designs, successfully demonstrated a new dual-band (2.4 GHz & 5 GHz) Wireless Local Area Networking (WLAN) Access Point (AP). By integrating Intersil`s PRISM Indigo 802.11a and PRISM® 802.11b WLAN technology, the KarlNet AP reference design supports dual radios, dual Ethernet interfaces, and Power over Ethernet (PoE) while operating with power outputs of 30mW, 100mW, and 200mW.
ADVERTISEMENT


"The Prism Indigo WLAN solution gave us better throughput than our most optimistic expectations," said Doug Karl, President/CTO of KarlNet. "The KarlNet firmware is optimized to increase the performance of these high bandwidth radios and I`m pleased to announce that our tests have confirmed this." Initial test results have shown a 20 percent increase in throughput compared to comparable 802.11a equipped access points. Test results also showed the PRISM-based AP also worked well in a non line-of-sight office environment.

The KarlNet Access Point is available as a reference design with a full list of software features including: bridging, IP Routing, MAC address authentication, protocol filtering, NAT/DHCP, IP firewall, SNMP management, link level testing, Radius authentication, authorization & accounting; VLAN decoding, VLAN passthrough, 802.1x, WEP, link-level encryption with DES and Blowfish, and e-coin box features.

"KarlNet`s new AP is setting the performance standard for new dual-band WLAN applications," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Products Group. "We are very pleased that KarlNet has selected our PRISM 802.11b and PRISM Indigo (802.11a) WLAN solutions for their new dual-band access point."

Intersil`s PRISM Indigo WLAN solution is designed to meet the market`s escalating demand for high-speed wireless connectivity. PRISM Indigo delivers fast 54 Mbps throughput and is the industry`s lowest priced IEEE 802.11a-compliant WLAN solution for the 5 GHz band. Intersil`s IEEE-compliant 802.11b PRISM chip sets are optimized for high data rate (11 Mbps) performance. PRISM-based systems are feature-rich and provide fast, reliable performance in all types of networking environments. Advanced design and process technologies reduce power consumption, design complexity and total system cost.

About KarlNet, Inc.

Since 1993, KarlNet, Inc. has grown from one of the first IP Firewall companies to one of the leading providers of wireless software, firmware and hardware reference designs. Delivering a highly differentiated suite of software solutions and features, KarlNet`s products are represented in many of the world`s WiFi certified access points and 802.11b (2.4 GHz) fixed wireless broadband products. Many KarlNet software-based products have been judged "Product of the Year" by leading technology publications. KarlNet has also been instrumental in helping to develop several major products with one being the Apple Airport®. The KarlNet team provides expertise in all aspects of wireless networking, including enterprise, hotspot, residential, and fixed wireless solutions, each delivered with the security that allows for widespread implementation. KarlNet continues to demonstrate the focused commitment required to be a leader in the fast growing wireless market.

For more information on KarlNet, Inc., please visit http://www.karlnet.com or contact Doug Harman, Director of Business Development, KarlNet, Inc., 525 Metro Place North, Suite 100, Dublin, OH 43017, 614/822-5275, 614/822-0024 fax, email: [e-mail] .

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com .

PRISM is a registered trademark and PRISM Indigo is a trademark of Intersil Americas Inc. All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Delivers Industry`s First Two- to Four-Phase Controller to Power Upcoming AMD Athlon and Opteron Processors with Hammer Technology
Intersil Endura IC Reduces Space and Bill of Materials While Offering Reliability and Scalability
Monday October 14, 8:41 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 14, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that its new ISL6559 is the industry`s first two- to four-phase power controller IC designed specifically to power the upcoming AMD Opteron(TM) and AMD Athlon(TM) processors with Hammer technology. Intersil`s advanced Endura ISL6559 controller-based power solution provides two- to four-phase scalability along with cost, space and power efficiency.
ADVERTISEMENT


"The ISL6559 controller offers AMD and Intersil customers scalable and flexible solutions to meet advanced AMD-based platform core power needs," said Rick Furtney, vice president and general manager of Intersil`s High Performance Analog Product Group. "We have worked closely with AMD to ensure that the ISL6559 offers the compatibility, cost effectiveness and performance required for AMD`s advanced 64-bit processors. We are honored to play a key role in support of these world-class CPUs."

"The Intersil ISL6559 two- to four-phase power controller is optimized for our AMD Athlon and Opteron processors with Hammer technology," said Ed Gasirowski, director of AMD Infrastructure Enablement Group. "Intersil has been a consistent innovator of highly reliable and cost-efficient power solutions benefiting AMD customers with better overall system performance."

Intersil`s Endura Power Solution for the New AMD Opteron and AMD Athlon Processors

The Intersil Endura solution to power AMD`s next-generation processors is based on the new ISL6559, the industry`s first two- to four-phase PWM controller optimized to power the soon-to-be-released Athlon and Opteron processors. This robust controller interfaces with Intersil`s MOSFET drivers, which includes the single-channel HIP6601B, HIP6603B and HIP6604B and dual-channel HIP6602B. The ISL6559 is offered in a 28-lead SOIC or 32-pad 5 x 5 mm Quad Flatpack No leads (QFN) package and is loaded with features that provide protection, precision, high converter efficiency, and the lowest bill-of-materials cost.

Notable features of the ISL6559 include: precise differential remote output voltage sensing, Dynamic VID(TM) technology for "on-the-fly" VID changing, 5- or 12-V supply operation, 1% accuracy, digital soft start, 4 MHz output voltage ripple frequency, programmable droop voltage, threshold-sensitive enable input, and a pin-adjustable reference offset. MOSFET on-resistance is used for current sensing to save space and component costs.

The ISL6559, ISL6559EVAL1, and ISL6559EVAL2 evaluation platforms and a complete reference design are available now to assist engineers with solution evaluation and design-in. The ISL6559EVAL1 is a VRM-style evaluation module, and the ISL6559EVAL2 is an embedded evaluation board. Both are 100% compliant to the new AMD Opteron and Athlon power specifications. For additional information, visit the Intersil Endura Web site at: http://www.intersil.com/design/powermanagement/index.asp" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/design/powermanagement/index.asp

About AMD

AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor`s 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969, AMD is based in Sunnyvale, California. (NYSE:AMD - News). Web site: http://www.amd.com

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

Endura and Dynamic VID are trademarks of Intersil Americas Inc.

AMD, the AMD Arrow logo, AMD Opteron, AMD Athlon and combinations thereof, are trademarks of Advanced Micro Devices, Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum, Pittsburgh
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Addresses Agere Lawsuit
Friday October 18, 8:31 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 18, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today offered comments on a patent infringement lawsuit filed by Agere Systems (NYSE:AGR.A - News; NYSE:AGR.B - News).
"We are very disappointed in Agere`s announcement that it had filed a lawsuit against us," said Rich Beyer, president and CEO of Intersil Corporation. "We feel that their claims of patent infringement are wholly without merit. We believe that our PRISM® WLAN chips do not infringe any valid and enforceable claims of the patents asserted by Agere and we intend to vigorously defend ourselves against these claims. In the meantime, we will continue to provide our customers the same high level of products and support that have become synonymous with the name Intersil Corporation."

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
Ron Paciello, 321/724-7184
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil`s PRISM 3 Chip Set with Zero-IF Architecture Provides WLAN Connectivity For Linksys` New Wireless Ethernet Bridge
Monday October 21, 7:49 am ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 21, 2002--Intersil Corporation (Nasdaq:ISIL - News):
Linksys® WET11 Instant Wireless(TM) Ethernet Bridge Extends Wi-Fi Connectivity
ZIF Technology Reduces Manufacturing Cost of WLAN Products Without Sacrificing Performance
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced Linksys, the leading global manufacturer of broadband, wireless and networking hardware for the Small/Medium Business Small Office/Home Office and home environments, is integrating Intersil`s PRISM® 3, 802.11b-based Wireless Local Area Network (WLAN) chip set in its new Instant Wireless(TM) Ethernet Bridge (WET11).

Targeted for the home or small office network user, the WET11 Instant Wireless Ethernet Bridge extends wireless connectivity to any Ethernet-ready network device such as a printer, scanner, desktop or notebook computer and gaming consoles and entertainment devices. The bridge simply and efficiently transmits data between 10Base-T and a wireless LAN, giving businesses the freedom to place any standard network resource virtually anywhere in their offices. A high-powered, built-in antenna enables connections at up to 11Mbps.

"The new Linksys Ethernet bridge enables consumers and small businesses to connect all types of Ethernet-equipped devices from printers to gaming consoles to a wireless network," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Products Group. "The WET11 is the latest in a growing number of innovative Wi-Fi products using our PRISM 3 WLAN solution that are being manufactured for today`s home and small business user."

PRISM 3`s innovative Direct Down Conversion (Zero-IF) architecture significantly reduces WLAN product cost. Decreasing the WLAN components to a two-chip design, Intersil enables partners like Linksys to create products in smaller form factors for existing and emerging markets. The world-class PRISM 3 front-end ISL3684 chip utilizes Direct Down Conversion technology, eliminating the need for intermediate-frequency (IF) mixer(s), amplifier and filter components.

"Intersil`s PRISM 3 technology allows us to consistently develop wireless networking solutions like the WET11 so they are more reliable, dependable and compatible with other WLAN hardware," said Victor Tsao, Linksys president and CEO. "The Linksys Instant Wireless Ethernet Bridge enables for the first time ever, devices with an Ethernet port to be hooked up to a business or home wireless network."

Linksys also utilizes the PRISM 3 chip in its award winning 802.11b, Wi-Fi PC Cards, which are the lead selling wireless notebook adapters for the worldwide home and small business market according to the 1H 2002 Instat/MDR wireless report.

About Linksys

Linksys, an award-winning global leader in the development of wireless, broadband and LAN networking solutions for the Home, Small Office/Home Office (SOHO) and Small/Medium Business (SMB) corporate environments, is the leading manufacturer of networking hardware in both retail and e-commerce channels and is the fastest growing networking solution provider for the SMB corporate sector. Linksys has current memberships with DSL Forum, HomePlug, PCI-SIG, UPnP, USB-IF and WECA. Linksys also actively participates and directly contributes in the development of the CableHome specification for routers and residential gateways. Linksys products are sold through leading distributors, computer resellers, direct response, broadband service providers and e-commerce and retail stores worldwide. 24/7 Grade "A" product support (PC Magazine, August 2002) is provided free to all Linksys customers. For more information, visit the Linksys web site at http://www.linksys.com.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com.

PRISM is a registered trademark of Intersil Americas Inc.

Linksys is a registered trademark and Instant Wireless is a trademark of The Linksys Group. Inc.

All other products and company names mentioned herein are trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

9:49AM Motherboard makers reporting shortage of Intersil P4 controller ICs - Digitimes (ISIL) 16.67 -1.43:

[panik]

Intersil Sampling PRISM Duette - World`s First Two-Chip Dual-Band WLAN Solution Optimized for 802.11a, b and g Standards
Wednesday October 23, 8:03 am ET
PRISM Duette(TM) Performance Surpasses All Other 802.11a, b, g and Dual-Band WLAN Solutions; Intersil Will Demonstrate PRISM Duette`s Unique Capabilities by Streaming HDTV Video at COMDEX


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 23, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that it is now sampling PRISM Duette, its dual-band Wireless Local Area Networking (WLAN) chip set that unites the IEEE 802.11a, 802.11b & 802.11g standards into a highly integrated two-chip solution. Intersil will demonstrate the exceptional capabilities of PRISM Duette by wirelessly streaming HDTV video at 2.4 GHz and 5 GHz at a reception for customers, media and analysts at COMDEX in November.
ADVERTISEMENT


PRISM Duette delivers seamless compatibility for WLANs operating in both 2.4 GHz and 5 GHz bands and is capable of transmitting high-speed video, voice and data at speeds up to 54 million bits per second (Mbps) while remaining 100 percent backward compatible to the existing installed base of over 30 million Wi-Fi (802.11b) systems worldwide. PRISM Duette will be 100 percent standards-compliant and provides the ideal 802.11a, b, g, dual-band WLAN solution. Initial comparison testing reveals that PRISM Duette consistently provides twice the range and throughput for currently marketed 802.11a products and over three times the throughput of 802.11b+ products.

"Wireless networking is continuing its strong growth and is rapidly becoming mainstream. Our PRISM Duette solution will address the needs of the mobile user who can now connect to virtually any flavor of Wi-Fi infrastructure, the consumer who can stream multimedia and get whole home coverage, and in the workplace where dense user environments can exist," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Products Group. "By leveraging our years of experience with 5 GHz and 2.4 GHz Wi-Fi we have developed a solution that will bring unique value to our customers and end consumers."

Intersil has leveraged over five years of WLAN innovation and IC integration in creating PRISM Duette, a unique two-chip solution that will enable seamless mobility between radios operating in the 2.4 GHz and 5 GHz bands. The innovative two-chip solution features a dual-band (2.4 GHz and 5 GHz) ZIF chip coupled to an integrated Baseband Processor and Medium Access Controller (BBP/MAC). ZIF architecture avoids the use of an intermediate frequency and the associated components hence reducing size and cost.

The BBP/MAC integrates dual-band OFDM-based (Orthogonal Frequency Division Multiplexing) and CCK technology to communicate with both 2.4 GHz and 5 GHz WLAN devices. The adoption of OFDM for use in the 2.4 GHz band is a significant milestone in the ongoing evolution of IEEE 802.11 WLAN technology. IEEE 802.11g will offer data rates up to 54 Mbps while supporting full backward compatibility with the wildly popular 802.11b standard. In addition, 802.11g is a perfect complement to 802.11a technology. Both 802.11a and 802.11g use a common high rate modulation scheme. Due to the availability of more spectrum in the 5 GHz bands, 802.11a systems will support a least eight non-overlapping channels, thus supporting a higher user density and easier network scalability. In comparison, 802.11g devices will offer consumers an advantage in terms of range due to operation at a lower frequency as well as backward compatibility with legacy 802.11b equipment.

"PRISM Duette enables a wide range of broadband WLAN applications and provides the most compelling solution for our customers to addresses a broad spectrum of products aimed at the enterprise, home or public access," commented Ciaccia.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s, and its Elantec Product Group`s ("Elantec"), business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s WLAN product group include, but are not limited to: the slowdown in the technology sector; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase notebook computers with embedded wireless; the rate at which our present and future customers and end-users adopt Intersil`s wireless access, technologies; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; risks of not securing regulatory approvals; accounting treatment and charges; and the risks that the acquisition cannot be completed successfully, or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner, as well as other risk factors. Intersil`s recently filed quarterly report on Form 10-Q and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark and PRISM Duette is a trademark of Intersil Americas Inc. All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]

[panik]

Intersil Corporation Announces Third Quarter 2002 Financial Results
Wednesday October 23, 4:09 pm ET


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 23, 2002--Intersil Corporation (Nasdaq:ISIL - News):
Grows revenue 9% over previous quarter and 43% over prior year
Improves adjusted net income to $26.6 million or $0.19 per share
Beats company revenue and earnings guidance
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today reported financial results for the third quarter ended October 4, 2002. Net revenue for the third quarter was $191.3 million, an increase of 9% from the adjusted net revenue of the previous quarter and 43% from a year ago. Excluding the amortization of intangibles and the tax effect of acquisition related expenses, adjusted net income for the third quarter was $26.6 million or $0.19 per diluted share of common stock. This compares to adjusted net income of $23.0 million or $0.16 per diluted share for the second quarter of 2002 and $12.2 million or $0.09 per diluted share for the comparable quarter of 2001. Both revenue and adjusted earnings per share (EPS) results exceeded guidance provided in Intersil`s financial update on September 4, 2002.

Net income on a generally accepted accounting principles (GAAP) basis for the third quarter of 2002 was $3.6 million or $0.03 per diluted share, compared to a net loss of $18.3 million or $0.15 per diluted share for the prior quarter and a net loss of $3.3 million or $0.03 per diluted share for the same period a year ago.

Intersil`s third quarter gross margins reached 54.0%, an increase of 20 basis points from the previous quarter and an increase of 300 basis points from a year ago. Gross margin improvement came primarily from increasing sales volumes and cost reduction programs, resulting in the sixth consecutive quarter of gross margin expansion.

"With the integration of Elantec virtually complete, Intersil continued its solid execution in the third quarter and continues to be among the fastest growing companies in the semiconductor industry," said Rich Beyer, Intersil`s president and CEO. "Our focus on high growth markets is enabling Intersil to outpace the overall industry and to deliver better than expected financial results. We experienced particularly strong demand for wireless networking and power management products, with revenues up 26% and 7% from the previous quarter, respectively. Intersil improved adjusted earnings per share 19% sequentially and 111% on an annual basis, marking our fifth consecutive quarter of EPS improvement.

"The company`s balance sheet remains strong with approximately $600 million in cash and no debt," added Beyer. "Our days sales outstanding (DSO) remains slightly below 45 days and the company generated $21 million in cash flow from ongoing operating activities during the quarter."

Results by Product Group

Revenue for Intersil`s Power Management products reached a record $46.9 million during the third quarter, an increase of 7% from the prior quarter and 16% from the third quarter of 2001. Intersil continues to gain market share in power management for desktop PCs and high-end file servers, while ramping product sales to support notebook PCs, double data-rate (DDR) memory and high-end graphics cards. Among a series of design wins in the quarter, Intersil announced that Gigabyte, a leading PC motherboard manufacturer based in Taiwan, has selected Intersil`s Endura(TM) products to power both the microprocessor and double data rate (DDR) memory for their award-winning Intel® Pentium® 4 platforms that incorporate DDR memory.

Sales of Elantec(TM) products decreased 15% sequentially and increased 21% year-over-year during the third quarter to $25.0 million. The company`s optical storage and flat panel display business was impacted during the third quarter as OEM customers adjusted inventories as a result of slowing PC sales. During the third quarter, Philips announced an alliance with Intersil to create a reference design based on a Philips chip set and an Elantec laser driver that will support the industry`s fastest DVD recording. Intersil also reaffirmed its position as the world`s leading supplier of laser drivers by introducing the industry`s first laser diode driver to support the emerging Blu-Ray standard, which enables five times the capacity of today`s DVD recording technology.

Intersil`s Standard Analog revenue increased 1% sequentially and 7% from the prior year to $33.9 million during the third quarter as we continue to see expanding acceptance of our analog MUX and interface products. Intersil`s broad portfolio of Standard Analog products serves a wide array of computing, communications, test and instrumentation, medical and other applications.

Intersil`s Wireless Networking sales increased 26% from the previous quarter and 152% year-over-year to a record $74.6 million, due to continued demand for the company`s industry-leading PRISM® wireless local area networking (WLAN) solutions. Microsoft Corporation announced the launch of a Wi-Fi-based (802.11b) Broadband Networking product line during the quarter that uses the Intersil PRISM WLAN solution and includes base stations, client cards and network and USB adapters. Intersil continued to expand its market leadership in wireless networking with the introduction of its 802.11a PRISM Indigo(TM) solution, which began production shipments during the quarter. PRISM Indigo offers the industry`s best performance and lowest cost bill of materials. Intersil is now sampling its new PRISM Duette(TM), the industry`s most highly integrated dual-band 802.11a, b, g WLAN solution, and will be demonstrating its capabilities for select customers, media and analysts at COMDEX Fall 2002.

Automotive product sales were $10.8 million in the third quarter as Intersil ramped production to support last-time purchases from automotive customers. Intersil successfully completed the expected consolidation/closure of its Findlay, Ohio analog fab and completed the sale of the facility at the end of the quarter.

Business Outlook

Looking ahead, Beyer said, "As we are all aware, the semiconductor industry has not yet returned to robust growth and as a result we are more cautious in our near-term outlook. We now expect total year revenue to slightly exceed our previous guidance of $720 million, representing approximately 25% growth over 2001. We currently expect sequential revenue growth of 1 to 3% for the fourth quarter, and approximately 35% over the comparable quarter in the prior year. We anticipate adjusted earnings per share to grow about 5% sequentially to $0.20 as we continue to achieve sales growth while controlling expenses."

Investors and interested parties within the United States may listen to Intersil`s conference call today at 4:30 p.m. Eastern/1:30 p.m. Pacific by dialing 877/601-3546 and providing the operator with the pass code Intersil. International callers may connect to the call by dialing 712/271-0561. A replay of Intersil`s conference call will be available for one week beginning at 6:30 p.m. Eastern/3:30 p.m. Pacific by calling 800/839-2338 in the US or 402/998-1081 Internationally. Confirmation code for the replay is 102302. A live webcast will also be available on Intersil`s Investor Relations homepage at http://www.intersil.com/investor." target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/investor. A replay will be available until October 30, 2002.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com.

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which our present and future customers and end-users adopt Intersil`s high performance analog, wireless access, optical storage, and flat panel display technologies and products; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, notebook computers, optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; and the risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at http://www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark and PRISM Indigo, PRISM Duette, Elantec and Endura are trademarks of Intersil Americas Inc. and its subsidiaries. Gigabyte, Philips and Microsoft are trademarks of those respective companies in the United States and certain other countries. All other trademarks mentioned are the property of their respective owners.

Intersil Corporation
Financial Summary (Adjusted)
(In millions, except per share amounts and percentages)

Three Months Nine Months
Ended Ended
10/4/02 9/28/01 10/4/02 9/28/01

Revenue $ 191.3 $ 134.1 $ 526.3 $ 431.2
Year/Year Growth 43% 22%

Gross Margin 103.2 68.4 282.1 216.2
% of Sales 54.0% 51.0% 53.6% 50.1%

R&D 37.1 31.1 103.8 97.7
SG&A 30.9 24.8 90.8 83.8

Operating Income 35.2 12.5 87.5 34.7
% of Sales 18% 9% 17% 8%

Interest, net (2.8) (5.0) (8.7) (15.9)

Pretax Income 38.0 17.5 96.2 50.6

Net Income $ 26.6 $ 12.2 $ 67.3 $ 34.0
% of Sales 14% 9% 13% 8%

EPS
Basic $ 0.20 $ 0.09 $ 0.49 $ 0.25
Diluted $ 0.19 $ 0.09 $ 0.48 $ 0.24

Weighted Average Shares
Basic 136.4 135.3 136.5 135.1
Diluted 140.7 141.2 141.4 141.1

NOTE: This financial summary excludes amortization of intangibles for
the quarter and other one-time items for other periods. The
financial summary includes Elantec in all periods. These
adjustments are included on page 7.


Intersil Corporation
Statements of Operations
(In millions, except per share amounts)

Three Months Nine Months
Ended Ended
10/4/02 9/28/01 10/4/02 9/28/01

Revenue
Product sales $ 191.3 $ 113.4 $ 469.8 $ 359.4
Costs and Expenses
Cost of product sales 88.1 55.8 220.1 200.2
Research and development 37.1 25.4 96.1 80.6
Selling, general & administrative 30.9 21.4 83.1 71.2
Intangible amortization 9.2 11.3 17.3 33.6
In-process research and development - - 53.8 -
Impairment of long-lived assets - - 6.2 7.6
Restructuring - - 5.3 32.4
-------- -------- -------- --------
Operating Income (Loss) 26.0 (0.5) (12.1) (66.2)
Interest, net (2.8) (5.1) (8.2) (15.0)
Loss on investments - - 1.7 8.2
Operating results of certain
operations disposed of during
2001 - - - (3.0)
Gain on sale of certain assets - - - 168.4
-------- -------- -------- --------
Income (loss) before income taxes
and extraordinary item 28.8 4.6 (5.6) 106.0
Income taxes (benefit) 25.2 7.9 (4.7) 57.4
-------- -------- -------- --------
Income (loss) before extraordinary
item 3.6 (3.3) (0.9) 48.6
Extraordinary item - loss on
extinguishment of debt, net of
tax effect - - - (12.2)
-------- -------- -------- --------
Net income (loss) $ 3.6 $ (3.3) $ (0.9) $ 36.4
======== ======== ======== ========
EPS
Basic
Income (loss) before
extraordinary item $ 0.03 $ (0.03) $ (0.01) $ 0.46
Extraordinary item - - - (0.12)
-------- -------- -------- --------
Net income (loss) $ 0.03 $ (0.03) $ (0.01) $ 0.34
======== ======== ======== ========
Diluted
Income (loss) before
extraordinary item $ 0.03 $ (0.03) $ (0.01) $ 0.44
Extraordinary item - - - (0.11)
-------- -------- -------- --------
Net income (loss) $ 0.03 $ (0.03) $ (0.01) $ 0.33
======== ======== ======== ========
Weighted Average Shares
Basic 136.4 105.7 122.0 105.5
======== ======== ======== ========
Diluted 140.7 105.7 122.0 108.9
======== ======== ======== ========

NOTE: The effect of dilutive securities is not included in the three
months ended September 28, 2001 and the nine months ended
October 4, 2002 because to do so would be antidilutive.
Otherwise, diluted shares would be 109.1 million and
125.4 million for the three months ended September 28, 2001 and
the nine months ended October 4, 2002, respectively.


Intersil Corporation
Financial Highlights/Bridge
(In millions, except per share amounts)

Adjustments to reconcile reported GAAP net income
(loss) to adjusted net income:

Three Months Ended Nine Months Ended
Oct. 4, Sept. 28, Oct. 4, Sept. 28,
2002 2001 2002 2001

Net Income (loss) - GAAP $ 3.6 $ (3.3) $ (0.9) $ 36.4

a) Amortization of
acquisition-related
intangibles 9.2 11.3 17.3 33.6

b) Impairment of long-lived
assets - - 6.2 7.6

c) Restructuring - - 5.3 32.4

d) In-process research and
development - - 53.8 -

e) Loss/(gain) on
investments - - 1.7 8.2

f) Operating results of
certain operations - - - 3.0

g) Gain of certain assets
sold - - - (168.4)

h) Excess inventory charge - - - 19.2

i) Income for Elantec prior
to acquisition - 3.1 8.4 14.0

j) Margin from change in
distributor revenue
recognition - - 10.1 -

k) Extinguishment of debt - - - 12.2

l) Interest impact on cash
used in acquisition - (1.5) (1.0) (5.0)

m) Reconciliation to
adjusted tax rate of 30% 13.8 2.6 (33.6) 40.8
--------- --------- --------- ---------
Adjusted net income $ 26.6 $ 12.2 $ 67.3 $ 34.0
========= ========= ========= =========
Diluted adjusted earnings
per share $ 0.19 $ 0.09 $ 0.48 $ 0.24
========= ========= ========= =========
Diluted adjusted earnings
common shares 140.7 141.2 141.4 141.1
========= ========= ========= =========


Adjustments to reconcile reported
revenue to adjusted revenue:

Revenue $ 191.3 $ 113.4 $ 469.8 $ 359.4

Revenue for Elantec prior
to acquisition - 20.7 41.8 71.8

Revenue from change in
distributor revenue
recognition - - 14.7 -
--------- --------- --------- ---------
Adjusted Revenue $ 191.3 $ 134.1 $ 526.3 $ 431.2
========= ========== ========= =========

NOTE: Amounts may not add due to rounding.


Intersil Corporation
Balance Sheets
(In millions)

October 4, June 28,
2002 2002
Assets
Current Assets
Cash & short-term investments $ 596.8 $ 609.1
Trade receivables, net 87.6 80.5
Inventories 96.7 97.3
Prepaid expenses and other current assets 12.1 9.9
Deferred income taxes 56.5 81.8
----------- -----------
Total Current Assets 849.7 878.6
Other Assets
Property, plant & equipment, net 155.5 147.6
Intangibles, net 1,323.4 1,325.5
Other 37.8 42.9
----------- -----------
Total Other Assets 1,516.7 1,516.0
----------- -----------
Total Assets $ 2,366.4 $ 2,394.6
=========== ===========

Liabilities and Shareholders` Equity
Current Liabilities
Trade account payables $ 34.4 $ 41.6
Income taxes payable 20.0 23.8
Deferred revenue 11.1 9.6
Other accrued items 93.1 110.7
----------- -----------
Total Current Liabilities 158.6 185.7
Other Liabilities
Deferred income taxes 6.5 6.5
----------- -----------
Total Liabilities 165.1 192.2
Total Shareholders` Equity 2,201.3 2,202.4
----------- -----------
Total Liabilities and Shareholders` Equity $ 2,366.4 $ 2,394.6
=========== ===========



--------------------------------------------------------------------------------
Contact:
Intersil Investor Relations, Irvine
Pete Hargittay, 949/341-7062
E-mail: [e-mail]
or
Intersil Public Relations, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Provides Innovative Laser Drivers for Hitachi`s DVD Camcorders
Thursday October 24, 8:36 am ET
Intersil`s New Elantec Laser Drivers Enable DVD Recording in Emmy Award-Winning Hitachi Camcorder Products


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 24, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that its industry-leading laser diode drivers have been selected for use in Hitachi`s DVD camcorder products. Intersil`s Elantec(TM) laser driver integrated circuits (ICs) are used to control the laser diode within Hitachi`s camcorders in order to provide precise video recording and playback on digital video disks (DVDs). Hitachi America, Ltd., which received a Technology/Engineering Emmy award for its pioneering development of consumer camcorders, will use Intersil`s laser driver ICs in its DZ-MV200A, 230A and 270A model DVD camcorders.
ADVERTISEMENT


"We believe that Hitachi`s selection of Intersil laser drivers for use in their DVD camcorder family is affirmation of our industry-leading optical storage technology and outstanding customer support," said Stephen P. Sacarisen, director of Strategic Marketing for Intersil`s Elantec Optical Storage Products. "The EL629XC programmable write strategy laser drivers made this application possible and resulted from a joint development between Intersil`s Elantec Product Group and the Digital Media Division of Hitachi, Ltd., Japan. Hitachi is a pioneer in developing the DVD camcorders and we will continue to develop our working relationship with Hitachi as DVD camcorders continue to gain widespread consumer adoption."

"Intersil is the industry leader and a pioneer in laser driver technology," said H. Sugiyama, a Senior Engineer for DVD camcorders of the Digital Media Division, Hitachi, Ltd. "Intersil`s expertise in laser drivers has allowed us to concentrate on optical recording applications that offer ease of use and value-added consumer features such as our DVD camcorder family, ultimately changing the way people record and share home video."

Intersil`s Elantec laser diode driver family provides improved waveform fidelity, increased output current, lower power dissipation and reduced noise to enable higher speed CD-Read and Read/Write and DVD-Recordable designs. To learn more about Intersil`s optical storage (CD and DVD recordable) devices and solutions, visit the Intersil Web site at http://www.intersil.com/cda/application_e/0,1293,36,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,36,00.html

About Hitachi

Hitachi America, Ltd., Home Electronics Division, markets a variety of consumer electronics including high-definition TVs (HDTV), projection TVs (PTV), plasma monitors, color TVs, DVD players, a DVD camcorder, VCRs and standard camcorders, as well as security and observation system products. The company`s premium products are sold under the Hitachi UltraVision and UltraVision Digital brand names. Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, consumer electronics and semiconductors, and provides industrial equipment and services throughout North America. For more information, visit http://www.hitachi.com

Hitachi, Ltd., headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 320,000 employees worldwide. Fiscal 2001 (ended March 31, 2002) consolidated sales totaled 7,994 billion yen ($60.1 billion). The company offers a wide range of systems, products and services in market sectors, including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company`s Web site at http://global.hitachi.com

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s, and its Elantec Product Group`s ("Elantec"), business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in the DVD market include, but are not limited to: the slowdown in the technology sector; the rate at which consumers purchase camcorders, and other products with DVD; the rate at which consumers adopt Elantec`s optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; and risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Brent Dietz, 321/729-5973
[e-mail]
or
IPRA
Dick Davies, 415/777-4161
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Announces New Multi-Channel Buffers with Integrated VCOM Amplifier for TFT-LCD Monitors
Tuesday October 29, 10:22 am ET
New 8, 10 and 12 Gamma Buffers Reduce Component Count, Costs and Space


IRVINE, Calif.--(BUSINESS WIRE)--Oct. 29, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today introduced three new multi-channel buffer products with integrated common voltage (VCOM) amplifiers. Integrating 8 (EL5224C), 10 (EL5324C) and 12 (EL5424C) buffers for gamma voltage buffering with the high power VCOM amplifier enables thin-film transistor -- liquid crystal display (TFT-LCD) monitor manufacturers to reduce component count over using separate VCOM op-amps. This results in a reduction in manufacturing costs and saves precious board space.
"Intersil`s new multi-channel buffers allow our customers to integrate a single product in applications which have traditionally used up to four ICs," said Michael Jennings, director of marketing for Intersil`s Elantec Video Products. "As a leader in buffer and VCOM products for the display industry, Intersil continues to drive the integration curve for our customers."

EL5x24C Technical Description

The EL5224C, EL5324C and EL5424C integrate 8, 10 and 12 buffers respectively with a single high-power VCOM amplifier. In TFT-LCD displays, the gamma buffers are used to buffer reference voltages set up using a resistor string into the column drivers. These voltages represent the gamma response of the LCD panel. The VCOM amplifier is used to buffer a voltage that drives the backplane of the LCD.

The VCOM amplifier is specified at 100mA output current. It is designed to drive capacitive loads and features excellent load regulation. Each gamma buffer has rail-to-rail input and output capability and is specified at 30 mA output current per channel. The EL5224C, EL5324C and EL5424C operate with supplies from 5 V to 18 V and consume just 6.5 mA, 7.8 mA and 8.8 mA respectively.

The EL5x24C extends Intersil`s offering of current gamma buffers and VCOM amplifiers. Existing products include the EL5220C and EL5420C VCOM amplifiers and the EL5x23C family of 4, 8, 10 and 12 channel buffers.

Availability and Pricing

The EL5224C is available in both 24-pin heatsink thin-shrink small outline package (HTSSOP) and 24-pin leadless plastic package (LPP) packages, priced at $1.60 in 10,000-unit quantities. The EL5324C is $1.76 in 10,000-unit quantities and is available in the 28-pin HTSSOP and 32-pin LPP packages. Also in the 32-pin LPP package, the EL5424C is priced at $1.90 in 10,000-unit quantities. All parts are available now in production quantities. To learn more about Intersil`s Elantec LCD display devices and solutions, visit the Intersil web site at: http://www.intersil.com/cda/application_e/0,1293,35,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,35,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
IPRA, San Francisco
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Begins Sampling PRISM GT to Lead Partners
Monday November 4, 9:44 am ET
Innovative Two-Chip 802.11g WLAN Solution Provides True 54 Mbps Operation


IRVINE, Calif.--(BUSINESS WIRE)--Nov. 4, 2002--Intersil Corporation (Nasdaq:ISIL - News):
PRISM GT(TM) is 100% Backward Compatible With Existing 802.11b Wi-Fi Systems
Provides Superior Range and Throughput Over Industry`s 802.11A or 802.11b+ WLAN Products
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today it is sampling PRISM GT, its new 2-chip WLAN solution, with leading ODMs and OEMs. Designed to support the new 802.11g high-rate Draft Standard for Wireless Local Area Networking (WLAN) products operating in the 2.4 GHz band, PRISM GT provides twice the range and throughput for currently marketed 802.11a products and over three times the throughput of 802.11b+ products. Intersil has begun design efforts with Accton Technology Corporation, Actiontec Electronics, Inc., Ambit Microsystems Corporation, BroMax Communications, Z-Com, Inc., and other partners who are developing products for Intersil`s end customers.

"We have recently completed an extensive tour throughout the US and Asia demonstrating what we believe is the most integrated, highest performing solution for the draft 802.11g standard - PRISM GT. The response from customers has been very enthusiastic and multiple new design wins are underway. The range and throughput performance of our PRISM GT solution speaks for itself and we are very excited that PRISM GT is going to set the standard by which all other WLAN solutions will be judged," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group.

Intersil has skillfully combined the 802.11g Draft Standard`s mandatory modulation schemes - Complementary Code Keying (CCK) used in 802.11b, and Orthogonal Frequency Division Multiplexing (OFDM) used in 802.11a - with its proven low-cost ZIF architecture in designing the PRISM GT chip set. These innovative technologies enable wireless networking systems to attain data transmission speeds up to 54 million bits per second (Mbps) while remaining 100 percent backward compatible to the existing installed base of over 30 million Wi-Fi systems worldwide. CCK ensures backward-compatibility with the installed Wi-Fi base, while OFDM provides the speed required for today`s high-bandwidth applications.

"Intersil has leveraged over five years of WLAN innovation and IC integration to develop PRISM GT," added Ciaccia. "In both our PRISM GT chip set and PRISM Duette(TM) - our recently announced 802.11a, b, & g dual-band WLAN chip set - we have implemented a solution that is capable of delivering true 54 Mbps OFDM-based performance with seamless backwards compatibility with 802.11b."

PRISM GT will enable a new generation of high-data-rate platforms for operation in the 2.4 GHz spectrum that delivers a three-fold increase in throughput over currently marketed 802.11b+. Lower power consumption is also realized compared to systems operating in the 5 GHz spectrum. These advantages will make PRISM GT an ideal solution for high-bandwidth enterprise applications, such as wireless video conferencing and large file transfers, as well as advanced home networking applications such as multi-channel CD-quality audio and DVD-quality video streaming.

The PRISM GT solution uses Intersil`s proven direct down conversion architecture developed for the PRISM® 3 chip set and the digital signal processing expertise gained in the development of 5 GHz 802.11a products. The transceiver integrates the receiver, transmitter, synthesizer and filters onto a single chip, and interfaces directly with the Baseband Processor to provide system designers with a complete end-to-end WLAN chip set solution. The Medium Access Controller (MAC) includes enhanced security and network management features.

The PRISM GT transceiver is an RF-to-baseband solution that takes high frequency radio waves and directly converts them to baseband signals during reception, or directly up-converts them from the low-level baseband signal to radio frequency during transmission. This architecture completely eliminates the need for the intermediate frequency (IF) stage found in most radios. Eliminating the IF stage reduces complexity, bill-of-materials (BOM) and manufacturing costs, as well as enabling smaller form factors appropriate for portable, handheld devices.

Intersil`s turnkey solutions approach will include mini-PCI and CardBus32-PC Card reference designs. Also offered will be all the development tools an original equipment manufacturer will need to quickly bring 802.11g WLAN products to market. The reference design kit includes the PRISM GT chip set, complete schematics, Gerber and layout files, BOM, manufacturing test utilities, PRISM lab test diagnostic tools, FAB drawings (PC board), antenna construction details, a technology license agreement, manufacturing, mechanical and assembly drawings.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s, and its Elantec Product Group`s ("Elantec"), business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s WLAN product group include, but are not limited to: the continued slowdown in the technology sector; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase notebook computers with embedded wireless; the rate at which our present and future customers and end-users adopt Intersil`s wireless access, technologies; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; ; risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner, as well as other risk factors. Intersil`s quarterly reports on Form 10-Q, annual reports on Form 10-K, Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark and PRISM GT and PRISM Duette are trademarks of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corp.

[panik]

RESEARCH ALERT-UBS Warburg cuts Intersil price target
Thursday November 7, 12:00 pm ET


NEW YORK, Nov 7 (Reuters) - UBS Warburg analyst Alex Gauna cut his 12-month price target on Intersil Corp. (NasdaqNM:ISIL - News), a maker of chips for wireless data communications and other products, to $20 from $23 on Thursday.
"We are lowering our price target to $20 from $23 due to more aggressive than anticipated challenges to Intersil`s wireless LAN prospects," Gauna told clients in a note. "Our price target adjustment does not indicate a lack of confidence in December quarter prospects, which we believe are tracking relatively well."

Intersil shares closed on Wednesday at $18.13 on Nasdaq.

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Intersil Selected by FIC to Power All New PC Platforms
Monday November 11, 8:35 am ET
Leading PC Maker Chooses Intersil`s Endura Power ICs to Power CPUs, Chip Sets, Graphics, Memory and Other On-Board Systems for New- and Next-Generation Computing Platforms


IRVINE, Calif.--(BUSINESS WIRE)--Nov. 11, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that Intersil`s Endura(TM) highly efficient and reliable power solutions have been selected by First International Computer, Inc. (FIC), one of the world`s largest motherboard and PC manufacturers, to power virtually all systems on a wide range of new and next generation computing platforms. Intersil is the exclusive provider of high-performance power solutions for all FIC PC systems including CPUs, processor/graphics chip sets, DDR memory and I/O across both Intel® and AMD(TM) based systems, including the new VRD10 and Hammer platforms.
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"We are pleased that our Endura power solutions have been selected by FIC for their innovative and award-winning platforms," said Rick Furtney, vice president and general manager of Intersil`s High Performance Analog Product Group. "This is a clear demonstration of trust and confidence that FIC has in Intersil`s ability to provide the most reliable and advanced power management solutions. The easy transfer of Intersil`s multiphase dc/dc converter solutions from one motherboard model to the next will be a key enabler for a quick ramp at FIC."

"FIC is a world leader in supplying computing technologies. We take pride in our wide selection of innovative computing products," said Gene Sheu, President of FIC`s Networking & Information Group. "Our leadership position and high-volume production rates dictate that we select the most reliable power solutions from the best supplier. FIC selected Intersil`s power solutions for VRM10 because their multiphase controllers provide the highest performance at the lowest possible bill-of-materials cost, while ensuring the quickest time-to-market of new models."

Intersil products designed in by FIC for their Intel-based platforms include the ISL6556A, ISL6556B, and ISL6561, 2- to 4-phase VRM10 PWM controllers. These controllers provide the industry`s tightest voltage accuracy, complete compliance to Intel`s next-generation CPU core voltage tolerance requirements and the best phase-to-phase current and thermal balance. For AMD-based platforms, FIC is using Intersil`s new two phase ISL6569 and four-phase ISL6559 PWM controllers. These robust controllers work with any of Intersil`s MOSFET drivers such as the single-channel HIP6601B, HIP6603B and HIP6604B and dual-channel HIP6602B. Many other Intersil products are used on each platform to power chip sets, graphics, memory and I/O.

Intersil Endura Power Management Technology

Intersil Endura power management products offer solutions for desktop and notebook PCs, handheld devices, workstations, Internet appliances, RAID systems, high-availability servers, set-top boxes, and residential gateways. Intersil leads the world in high-performance microprocessor power management solutions, powering over 50 percent of the AMD Athlon(TM) and Intel® Pentium® 4 processors. Intersil Endura products and reference designs reduce time-to-market and bill-of-materials with advanced power solutions for desktop and mobile processors, graphics processors, DDR memory, processor chip sets, buses, ports, Hot Swap control and battery management. Learn more about Intersil`s Endura products at: http://www.intersil.com/endura" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/endura

About First International Computer, Inc. (FIC)

Founded in 1980, First International Computer, Inc (FIC) is one of the world`s leading companies in the design and production of motherboards, PC systems, servers and notebooks. The company has nine branch offices, eight manufacturing and assembly sites totaling 202,706 sq. meters of manufacturing capacity, and more than 4,500 employees worldwide. As a highly flexible and adaptable company, FIC is firmly established in OEM/ODM and distribution markets. A leading supplier for many of the industry`s leading PC brand names, FIC also offers a comprehensive range of motherboards for the distribution market under the 1stMainboard brand name. The latest information about FIC products and services can be found at: http://www.fic.com.tw

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

Endura is a trademark of Intersil Americas Inc.
Intel and Pentium are registered trademarks of Intel Corporation.
AMD, the AMD Arrow logo, AMD Athlon and combinations thereof, are
trademarks of Advanced Micro Devices, Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum, Pittsburgh
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

Email this s

[panik]

3:57PM Intersil says current quarter trends are strong (ISIL) 16.25 -0.52: UBS Warburg says that ISIL indicated at the firm`s telecom conference that current qtr trends were very strong, and that the co is tracking at or above $0.20 in EPS and $197 mln in revs (in-line with consensus); wireless LAN and PC motherboard activity is strong, and Elantec inventory issues are behind the co.

[panik]

Intersil Wins UDO Laser Driver Design with Plasmon Corporation
Wednesday November 13, 7:58 am ET
Plasmon to Use Intersil`s Write-Strategy Blue Laser Drivers in Ultra Density Optical -UDO- Storage Drives


IRVINE, Calif.--(BUSINESS WIRE)--Nov. 13, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that its new write-strategy blue laser diode drivers have been selected by Plasmon Corporation for use in their UDO data storage drives. Intersil`s Elantec(TM) laser driver ICs help facilitate cost-effective, high performance, high capacity data recording and archiving in Plasmon`s UDO drives.
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"Plasmon`s selection of our new write-strategy blue laser drivers for use in their high capacity storage systems affirms Intersil`s continued leadership and outstanding customer support in optical storage technology," said Stephen P. Sacarisen, director of Strategic Marketing for Intersil`s Elantec Optical Storage Products. "Our EL6900 blue laser drivers helped make this UDO application possible and solidifies Plasmon`s position as a leading provider of professional optical storage solutions. We are at the threshold of a very exciting future for blue laser technology and look forward to expanding our technology leadership through partnerships with leading companies such as Plasmon."

"Intersil has long been recognized as the industry leader offering state-of-the-art products in laser driver technology for optical storage products," said Dr. Chris Harris, president of Plasmon, Inc. "Intersil`s expertise in laser drivers will enable Plasmon to offer UDO products that leverage the increased storage capabilities of blue laser technology."

Intersil`s Elantec laser diode driver family provides improved waveform fidelity, increased output current, lower power dissipation and reduced noise to enable higher speed CD-Read and Read/Write and DVD-Recordable designs. To learn more about Intersil`s optical storage (CD and DVD recordable) devices and solutions, visit the Intersil Web site at http://www.intersil.com/cda/application_e/0,1293,36,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,36,00.html

Plasmon and Ultra Density Optical (UDO) Technology

UDO is the next generation of 5.25" professional optical storage technology. It utilizes blue laser and phase change media recording technology to provide a quantum leap in data storage densities. Plasmon`s first generation UDO products will offer 30GB in storage capacity and are scheduled to ship in August 2003. Future generations will increase capacity to 60GB and 120GB and will provide full backward read compatibility. UDO is the application of Blu-ray consumer recording technology to the professional optical storage market. Blu-ray is the proposed successor to DVD and provides the storage capacity needed to record a 2-hour HDTV video onto a single-sided disk.

About Plasmon

In the USA, Plasmon develops and manufactures optical disk drives and a range of Magneto Optical, CD/DVD and tape libraries at its ISO-9001 certified facilities in Colorado Springs, Colorado. Typical end-users of Plasmon products include banks, hospitals, insurance companies and government departments where the secure archiving of large amounts of data are primary requirements. In North America, contact Plasmon at: 400 Inverness Drive South, Suite 310, Englewood, Colorado 80112; tel: [phone] or 720.873.2500. Internet: http://www.plasmon.com e-mail: [e-mail].

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s, and its Elantec Product Group`s ("Elantec"), business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in the blue laser optical storage market include, but are not limited to: the continued slowdown in the technology sector; the rate at which consumers purchase devices containing optical data storage devices, the rate at which consumers adopt Elantec`s optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; and risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the U.S. war against terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-Mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corp.

[panik]

Intersil and ViXS Demonstrate First Standards-Based Video Area Network For the Home
Thursday November 14, 8:04 am ET
Industry Leaders Collaborate on Broadcast Quality Video-Over-Wireless Solution Using 802.11a Networks for Set-Top Box, Media Center, CE and PC Customers


TORONTO, Nov. 14 /PRNewswire/ -- ViXS Systems Inc., the Video Networking Company(TM) and leading developer of video-over-IP networking solutions, and Intersil Corporation (Nasdaq: ISIL - News), a world leader in the design and manufacture of high-performance analog and wireless networking solutions, today announced they will demonstrate the ability to provide broadcast quality video over industry-standard wireless networks at a private reception and meetings for customers, media and analysts at Comdex 2002 in Las Vegas.
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Intersil is bringing the best in 802.11a capabilities and combining that with ViXS` video quality-of-service (QoS) to provide a robust, high-quality solution for wireless video, not requiring proprietary or new, untested technologies. The demonstration -- using Intersil`s PRISM Indigo(tm) chipset for 802.11a-compliant Wireless Local Area Networks (WLAN) and ViXS` transrating XCode video QoS technology -- can provide up to eight simultaneous video broadcast streams to various wireless clients.

Intersil`s PRISM Indigo employs OFDM technology and complies with the Institute of Electrical and Electronics Engineer`s (IEEE) 802.11a (5 Ghz) standard. Designed to meet the market`s escalating demand for high-speed wireless connectivity, PRISM Indigo deliver fast 54 megabits per second (Mbps) throughput. The complementary ViXS XCode integrated circuit (IC) adjusts bit-rates, resolutions and formats of multiple MPEG video streams, in real time, adapting each stream to changing network bandwidth. The XCode video network processor manages video in the inherently difficult wireless home networking environments -- the first technology that guarantees 30 frames per second (FPS) of robust, high quality video over any type of internet protocol (IP) network, wired or wireless.

"Intersil is the industry leader in wireless LAN solutions and we`re the top in video-over-IP, and the result of this partnership is the industry`s most robust video-over-wireless distribution system for the home environment," said Sally Daub, President and CEO of ViXS Systems. "This is absolutely the first public demonstration that proves the availability of a complete standards-based video-over-wireless solution to customers for digital set-top boxes, entertainment gateways, personal computers and the consumer electronics devices."

"Intersil and ViXS are looking beyond the wired home network to demonstrate the wireless transmission of broadcast quality video over inexpensive, standards-based 802.11 WLANs to deliver on the promise of next- generation home video gateways and media centers," stated Larry Ciaccia, Vice President and General Manager for Intersil`s Wireless Products Group. "We believe that ViXS` XCode network processor provides one of the world`s most advanced video networking solutions."

Combining Intersil`s 802.11 Wi-Fi technology with ViXS` XCode network processor enables residential gateway devices to transmit broadcast quality video reliably across WLANs. The chipset and software solution allows video to be viewed on any display device in the home including flat-panel plasma TVs, personal digital assistants (PDAs), PocketPCs, personal computers (PCs), laptops, Web pads and personal video recorders (PVRs), with each device receiving a unique channel from a set-top box or central gateway. ViXS` XCode has eight demuxes built into the chip allowing up to eight different clients with full PVR functionality to watch eight different programs at once. To keep video streams protected, the XCode IC provides content security with Data Encryption Standard, triple DES or Advanced Encryption Standard encryption technologies and supports Wi-Fi`s standards-based low-cost networks. PRISM Indigo is engineered to meet the Wi-Fi Alliance`s (WECA) 5 GHz interoperability guidelines and incorporates the latest security and Quality of Service enhancements for deployment of video streaming and multimedia related services for the home and enterprise. This allows manufactures to quickly develop innovative new wireless solutions for the consumer and enterprise user.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com

About ViXS Systems Inc.

ViXS Systems Inc., The Video Networking Company(TM), is an innovative developer of a video networking semiconductor chipset and software solution whose technology provides unprecedented capabilities for securing and distributing broadcast-quality video across IP-based wired and wireless networks. ViXS` video-over-wireless solution for Multiple Systems Operators (MSOs), and consumer electronics and set-top box manufacturers, enables significant opportunities for media gateway, broadband infrastructure, consumer entertainment, and personal computing applications. Founded in January 2001, the company is headquartered in Toronto, Ontario and has filed over 40 patents to date. For further information, please visit us at www.vixs.com.

Make Your Opinion Count - Click Here




--------------------------------------------------------------------------------
Source: ViXS Systems Inc.

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Intersil`s PRISM Technology Enables Wi-Fi Connectivity for Sharp Electronics New Notevision 802.11b Wireless Projector
Tuesday November 19, 7:49 am ET
NotevisionM25X enables multiple users to wirelessly project presentations; PRISM technology delivers WLAN capability with compliance to 802.11b global standard


IRVINE, Calif.--(BUSINESS WIRE)--Nov. 19, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that Sharp Corporation has selected Intersil`s PRISM® Wireless Local Area Networking (WLAN) chip set to provide Wi-Fi (IEEE 802.11b) connectivity for their new NotevisionM25X wireless projector that maximizes business productivity in meetings.
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The NotevisionM25X uses Sharp`s exclusive image compression algorithm to permit real-time data transmission over a wireless network. Weighing only 5.8 pounds, the NotevisionM25X features native XGA resolution and 1900 ANSI Lumens brightness, features found in heavier, more expensive projectors. Sharp`s newly developed vector quantization (VQ) technology makes it possible to compress and decompress still images with high compression rates and high image quality. The NotevisionM25X enables multiple wireless PC users to project presentations and other data without physically wiring each PC to the multimedia projector.

"Sharp`s new NotevisionM25X wireless projector is a great example of a new class of innovative products being enabled by PRISM and Wi-Fi functionality," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group. "The development of new and specific Wi-Fi business applications and products demonstrates how 802.11b technology is changing the way business gets done in the home-office and in the enterprise."

Intersil`s PRISM chip sets are the most highly integrated WLAN silicon solutions on the market. PRISM chip sets deliver wireless Ethernet networking with compliance to the Wi-Fi (802.11b) global standard. Optimized for high data rate (11 Mbps) performance, PRISM-based systems are feature-rich and provide fast, reliable performance in all types of networking environments. Advanced design and process technologies reduce power consumption, design complexity and total system cost.

"Intersil`s PRISM 2.5 chip set has enabled us to quickly develop a product that goes beyond basic wireless networking," said T. Abumi, the LCD Projection Systems Division General Manager, Sharp Corporation. "The PRISM WLAN solution offers us the Wi-Fi compatibility and functionally necessary to ensure that the product will have broad-base appeal."

About Sharp

Sharp Corporation is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses.

Sharp Corporation currently employs about 57,000 people in the world and recorded consolidated annual sales of over 1,803.7 billion yen for the fiscal year ended March 31, 2002. For more information, please visit Sharp`s Web site at http://sharp-world.com/index.html.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains information relating to certain projections and business trends concerning the WLAN market that are forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon management`s current expectations, estimates, beliefs, assumptions, and projections about our business and industry. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Furthermore, any forward-looking statements and projections made by others in this press release are not adopted by Intersil Corporation ("Intersil") and Intersil is not responsible for the forward-looking statements and projections of others. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in connection with WLAN market include, but are not limited to: the recent economic slowdown in the technology sector and the semiconductor industry; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which our present and future customers and end-users adopt Intersil`s wireless technologies and products, including our embedded LAN applications; the timing, rescheduling or cancellation of significant customer orders; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of foundry and assembly capacity and raw materials; adoption of electronic standards by IEEE in the WLAN market; the effectiveness of Intersil`s expense and product cost control and reduction efforts; intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; risks inherent in acquisitions and divestitures, such as the anticipated benefits not being realized, integration issues, unanticipated costs, changing relationships with customers and suppliers, accounting treatment and charges; as well as other risk factors. Intersil`s Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, and other Intersil filings with the U.S. Securities & Exchange Commission ("SEC") (which you may obtain for free at the SEC`s Web site http://www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this press release and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark of Intersil Americas Inc. All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Melbourne, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Chosen as Primary Power Chip Supplier for Bel Fuse`s Power Modules
Tuesday November 19, 8:11 am ET
Intersil Endura ICs Reduce Space and Bill of Materials While Offering High Performance


IRVINE, Calif.--(BUSINESS WIRE)--Nov. 19, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that Bel Fuse Inc. (Nasdaq:BELFA - News; Nasdaq:BELFB - News), a premier developer of magnetic-based solutions and point-of-load dc/dc converters for networking and computing applications, has selected Intersil as a primary supplier of power ICs for their high-performance point-of-load (POL) power modules.
Bel Fuse offers a complete line of DC/DC converter modules utilizing both thick-film and printed-circuit-board hybrid technologies for products in communications, industrial and consumer markets. They also provide custom designs and special packaging to meet customer specifications, as well as contract manufacturing of these products. Intersil`s Endura(TM) power ICs help Bel Fuse save space, reduce parts count and offer high performance products for their customers.

"Bel Fuse is a recognized industry leader in the manufacture of magnetic components, fuses, delay lines and hybrid communications and POL power modules," said Rick Furtney, vice president and general manager of Intersil`s High Performance Analog Product Group. "They are a valued customer and we are pleased that they have high confidence in our products and support."

Intersil supplies Bel Fuse with high-efficiency power ICs for use in hybrid power converter modules. These include a broad array of the Endura single-phase and multiphase synchronous buck PWM controllers. Small size, reduced parts count and features such as high switching frequency and digital soft start make these ideal for the space-saving Bel Fuse power modules. Visit the Intersil Power Management Web site at: http://www.intersil.com/design/powermanagement" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/design/powermanagement

"The industries we serve expect our power modules to operate to the highest standards. Space is just as much an issue as performance," said Mark Masera, director of engineering for Bel Fuse. "Intersil has been quick to meet our needs with power ICs in small QFN packages, industrial temperature ranges and with extremely stable load and temperature performance. In the last 18 months we have developed twenty new series of POL converters using Intersil power ICs and they have consistently met our performance expectations."

About Bel Fuse Inc.

Bel Fuse Inc. produces high quality electronic components for the global market. An industry leader, Bel designs, manufactures and markets a range of products including magnetic components, fuses, delay lines and thick film hybrids. Bel products are widely specified for use in network applications (LAN/WAN), telecommunications, high-speed data transmission, computer and power supply applications, as well as automotive and consumer electronic markets. Visit the Bel Fuse Web site at: http://www.belfuse.com

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

Endura is a trademark of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Reuters
RESEARCH ALERT-UBS downgrades Intersil`s rating
Tuesday November 19, 12:00 pm ET


NEW YORK, Nov 19 (Reuters) - Investment bank UBS Warburg on Tuesday said it has downgraded its rating on Intersil Corp. (NasdaqNM:ISIL - News), a maker of chips for wireless data communications and other products, to "hold" from "buy," citing destabilizing uncertainties for the company on the three-to-six month horizon.
"These uncertainties include the potential for March quarter seasonal softness given Intersil`s PC exposure and its 70 percent exposure to retail driven wireless LAN equipment," said analyst Alex Gauna in a research note.

The shares closed Monday at $19.86 on the Nasdaq stock exchange.

[panik]

8:30AM Intersil upgraded at Bear Stearns (ISIL) 17.28: Bear Stearns upgrades to Outperform from Peer Perform, saying they believe the ramp of 802.11g WLAN products is likely to be strong in 2003 and that ISIL is likely to benefit as it distances itself from much of its competition; raises 2003 est to $0.91 from $0.84.

[panik]

Intersil Unveils Initial Product Offering for White LED Market
Tuesday December 10, 10:33 am ET
-- New Elantec(TM) EL7513 step-up regulator drives up to 12 LEDs while ensuring uniform brightness in white LED backlighting applications --


MILPITAS, Calif.--(BUSINESS WIRE)--Dec. 10, 2002-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today unveiled the first device in a new family of products for white Light Emitting Diode (LED) displays that provides the precision, accuracy and efficiency required in cell phones, personal digital assistants (PDAs), digital cameras and other battery-powered electronics. Intersil`s new EL7513 is a high frequency pulse width modulation (PWM) step-up regulator capable of driving up to 12 LEDs while ensuring uniform brightness in white LED backlighting applications.
"New generations of portable products use color displays that depend on white LED backlighting to ensure brilliance and color accuracy. Our EL7513 white LED regulator is tailored to the demanding performance and low power requirements of these products," said Michael Jennings, director of strategic marketing for Intersil`s Elantec video and flat panel products. "This new PWM step-up converter is specially designed to boost maximum output voltage in order to drive four LEDs in series or 12 LEDs in a series/parallel configuration, ensuring uniform brightness across white LED backlit screens.

EL7513 Technical Description

The EL7513 is a high-frequency boost converter designed specifically for driving white LEDs. With the ability to boost up to 18 volts, the EL7513 features soft-start and dimming control, offers +/-4% LED diode current accuracy and can achieve up to 89% efficiency when driving a 30 mA load. The device operates from 2.6 volts to 5.5 volts and features a standby mode of just 1 microamp maximum.

Intersil`s EL7513 represents the first in a new series of Elantec products targeted at white LED applications including PDAs, cellular phones, digital cameras, camcorders and portable games. Intersil will be introducing additional white LED products while offering complementary Elantec video products such as gamma buffers, VCOM amplifiers, DC/DC converters and programmable buffers.

EL7513 Key Features

2.6 volt to 5.5 volt inputs
18 volt maximum output
Drives up to 12 LEDs
1 Megahertz switching frequency
89% efficiency at 30 mA
75% efficiency at 5 mA
1 microamp maximum shut-down current
Dimming control
Soft-start
6.8 microhenry typical inductance
1 microfarad input and output capacitances
1 mm maximum height 8-pin TSOT package
EL7513 Availability and Pricing

The EL7513IL is now available in sample quantities in an 8-pin TSOT package. Volume production is expected to begin in the first quarter of 2003, and each IC is priced at $1.09 in 10,000-unit quantities.

To learn more about Intersil`s Elantec LCD display devices and solutions, visit the Intersil Web site at: http://www.intersil.com/cda/application_e/0,1293,35,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,35,00.html

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management, and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com

Elantec is a trademark of Intersil Corporation or one of its subsidiaries.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Corporation Updates Fourth Quarter Expectations
Wednesday December 18, 4:03 pm ET


MILPITAS, Calif.--(BUSINESS WIRE)--Dec. 18, 2002--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that it has revised its previous guidance for fourth quarter revenue and adjusted earnings per share. Intersil now expects revenue to grow approximately 24% over the same quarter of the prior year, with combined Analog Product Groups increasing 15% and Wireless Networking growing more than 45%. The revised guidance represents a revenue decline of approximately 5-7% from the third quarter of 2002. The company now expects adjusted earnings per share of $.18 for the fourth quarter. Intersil`s previous guidance, provided on October 23, was for revenue growth of 1-3% sequentially and adjusted earnings per share of $0.20.
ADVERTISEMENT


For calendar year 2002, the revised guidance will result in total company growth of more than 22% in revenue and 89% in adjusted earnings per share.

"While our combined Analog revenue will grow sequentially in the fourth quarter - driven by our Power Management and Elantec Product Groups - recent factors have negatively impacted our Wireless Networking Product Group that will cause our total company fourth quarter revenue to be lower than previously expected," said Intersil president and CEO Rich Beyer. "In the September quarter, we experienced a very high rate of shipments to our WLAN customers and this continued through October. However, over the past month we have seen a reduction in some of our customers` short-term requirements and in the past two weeks we have actually had several significant push outs from this quarter. It now appears that some customer shipment requests for our products in the third quarter and October were ahead of end demand. But we feel confident that end user demand for PRISM-based products remains solid. In fact, the second half of 2002 appears to be up over the first half by more than 20% and over the second half of last year by greater than 90%."

The company expects to achieve gross margins of approximately 53% for the fourth quarter and to continue to improve its balance sheet, with strong cash flow as inventories are reduced.

Due to the industry`s normal seasonal pattern, the company`s preliminary expectation is for first quarter revenue to be slightly down sequentially, excluding revenue from the Automotive Product Group. As previously announced, Intersil expects to complete its exit of the automotive business in early 2003.

"Our new product introductions in Wireless Networking are on track and design win momentum continues. We remain confident in our position as the world leader in Wi-Fi. Recent market estimates support the fact that Intersil continues to ship more WLAN chip sets than the rest of the industry combined," added Beyer. "We expect growth in Wireless Networking - as well as our Analog business - in 2003, with acceleration likely during the second half of the year."

Investors and interested parties within the United States may listen to Intersil`s conference call today at 4:30 p.m. Eastern/1:30 p.m. Pacific by dialing [phone] and providing the operator with the pass code Intersil. International callers may connect to the call by dialing [phone]. A replay of Intersil`s conference call will be available for one week beginning at 6:30 p.m. Eastern/3:30 p.m. Pacific by calling [phone] in the U.S. or [phone] Internationally. Confirmation code for the replay is 121702. A live webcast will also be available on Intersil`s Investor Relations homepage at http://www.intersil.com/investor." target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/investor. A replay will be available until December 24, 2002.

Intersil + Elantec Means More for Our Customers

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release concerning our fourth quarter business update ("Update") and first-quarter outlook ("Outlook") contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil in connection with this Update and Outlook include, but are not limited to: the continued slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which our present and future customers and end-users purchase Intersil`s high performance analog, wireless access, optical storage, and flat panel display products, which impacts our revenue and gross margins; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, notebook computers, optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; and the risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at http://www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Investor Relations:
Meghan Dalton, 321/729-5738
[e-mail]
or
Public Relations:
Brent Dietz, 321/729-5973
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

LSI Logic Announces HomeBASE(TM) ADSL Modem Reference Design Integrated With Intersil`s Prism WLAN Chipset
Friday December 20, 3:15 pm ET
New Reference Design Gives ADSL Modem Manufacturers a High-Performance Ready-to-Manufacture 802.11 Solution for Faster Time-to-Market


MILPITAS, Calif., Dec. 20 /PRNewswire-FirstCall/ -- To support ADSL modem manufacturers seeking a jump start in delivering high data rate wireless systems for office, home networking and consumer markets, LSI Logic Corporation (NYSE: LSI - News) today announced an ADSL modem reference design kit based on the company`s high-performance HomeBASE(TM) chipset (http://www.lsilogic.com/products/adsl/cust_premise.html)," target="_blank" rel="nofollow ugc noopener">http://www.lsilogic.com/products/adsl/cust_premise.html), integrated with Intersil`s (Nasdaq: ISIL - News) award-winning PRISM® IEEE 802.11 WLAN chip set.
"The combination of the superior bandwidth and high-performance processing power of the LSI Logic HomeBASE ADSL silicon and Intersil`s complete high rate IEEE 802.11 WLAN PRISM silicon and firmware, provides manufacturers with everything required to produce ADSL modems for the fast-growing WLAN market," said Dave Feller, director of marketing for Intersil`s Wireless Networking Product Group. "This type of turn-key capability will meet stringent cost, performance and time-to-market requirements and stimulate development of many new types of wireless Internet appliances for the home and office."

The new reference design kit from LSI Logic requires minimal resources from manufacturers for a complete WLAN ADSL based product. In addition to the hardware, the solution includes schematics, sample bill of materials and software binaries. The reference design uses the LSI Logic HomeBASE ADSL chipset, a part of the LSI Logic family of xDSL solutions designed for the customer premise equipment (CPE) market.

At the heart of the HomeBASE chipset is the AR900, a highly integrated, low power network processor for optimal bandwidth and software performance. On the WAN side the AR900 connects to the company`s performance-leading SpeedREACH(TM) technology, consisting of integrated DMT and analog front end, and on the LAN side to the L80225, a 10/100 Ethernet PHY. Delivering superior performance across all loops, the HomeBASE chipset has demonstrated the highest packet throughput even at high line rates of 8Mbps downstream and 1Mbps upstream.

"Intersil`s PRISM WLAN chipset is the world`s leading silicon solution for wireless networking systems," said Stephen Ellwood, director of marketing of the DSL Products business unit, LSI Logic. "As consumer demand for devices with wireless access is rapidly growing, this reference design provides our customers a ready-to-manufacture solution based on the LSI Logic advanced HomeBASE technology."

About Intersil Corporation

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil`s product portfolios to address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: www.intersil.com.

About LSI Logic Corporation

LSI Logic Corporation is a leading designer and manufacturer of communications, consumer and storage semiconductors for applications that access, interconnect and store data, voice and video. In addition, the company supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1621 Barber Lane, Milpitas, CA 95035. http://www.lsilogic.com .

Notes to Editor:

1. All LSI Logic news releases (financial, acquisitions, manufacturing,
products, technology etc.) are issued exclusively by PR Newswire and
are immediately thereafter posted on the company`s external website,
http://www.lsilogic.com .
2. The LSI Logic logo design, HomeBASE and SpeedREACH are trademarks or
registered trademarks of LSI Logic Corporation.
3. PRISM is a registered trademark of Intersil Americas Inc.
4. All other brand or product names may be trademarks or registered
trademarks of their respective companies. Please do not assign a
Reader Service number to this release.




--------------------------------------------------------------------------------
Source: LSI Logic Corporation

[panik]

Intersil Collaborates with Microsoft to Support Windows Powered Smart Displays
Wednesday January 8, 7:58 am ET


MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 8, 2003--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced a new PRISM® 802.11b WLAN driver solution that supports Smart Displays based on the Windows CE for Smart Displays operating system. Smart Displays extend the power of the Windows XP operating system by providing wireless access to information, applications and services from any room in a home.
Windows CE for Smart Displays is new software technology that will power a wide range of Smart Displays from a variety of manufacturers. Any of these Smart Displays will connect to a PC running Windows XP Professional through an 802.11 wireless connection from up to 150 feet away. Once connected, information plus applications and services on the PC can be accessed. For a user-friendly experience, Smart Displays feature a stylus and touch-sensitive screen, a complete customizable on-screen keyboard, writing pad with handwriting recognition and other options.

"Microsoft is enabling the easy, wireless extension of communications, entertainment and productivity capabilities of Windows XP from the desktop to any room in the home," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Products Group. "Intersil and Microsoft have been close partners on a variety of programs and this is another result of that collaboration. Intersil is proud to provide the silicon and software to make that wireless connection possible."

"Smart Displays depend on a reliable 802.11 wireless connection so that consumers can experience their Windows XP-based PC from anywhere in their home," said Keith White, senior director of marketing for the Embedded and Appliance Platforms Group at Microsoft Corp. "Intersil worked closely with Microsoft to help ensure that our mutual OEM customers could deliver great wireless capabilities for their Smart Display products."

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

PRISM is a registered trademark of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
[e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil`s PRISM Technology Selected by SanDisk for the World`s First Combined Flash Memory and 802.11b Wireless Communications Cards
Tuesday January 28, 8:53 am ET


MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 28, 2003--Intersil Corporation (Nasdaq:ISIL - News)
Dual-Function CF and SDIO Cards Open New Expansion Options for Customers
PRISM Chip Sets Reduce Size, Cost and Provides High Performance for New SanDisk Cards
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that SanDisk Corporation (Nasdaq:SNDK - News), the world`s largest supplier of flash data storage products, has designed Intersil`s PRISM® Wireless Local Area Networking (WLAN) chip sets into the new SanDisk Connect(TM) product line of dual function CompactFlash® (CF) and Secure Digital (SD) cards that skillfully combine both flash memory and 802.11b cards wireless communications technology.

"The combination of SanDisk`s flash data storage products and Intersil`s wireless networking technology will enable a new generation of wireless connectivity in notebooks, PDAs, digital cameras, MP3 players and other small handheld networking appliances," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group. These products are indicative of the many new innovative products that are being developed around the PRISM 802.11-based solutions, as well as Wi-Fi`s continuous momentum into mainstream applications. This combination, of the leader in flash data storage with the leader in WLAN, has resulted in a very exciting product."

The SanDisk Connect product line includes four products -- dual-function 128-megabyte (MB) CompactFlash and 256MB SD cards that combine Wi-Fi and flash memory, as well as single-function CF and SD cards with Wi-Fi connectivity. SanDisk plans to add 256MB cards to the CF Connect product line by the middle of 2003.

"Intersil`s PRISM wireless technology reduces size, complexity and cost of wireless LAN circuitry that enables SanDisk to bring small form factor, competitive wireless solutions to market faster," said Nelson Chan, SanDisk senior vice president and general manager of SanDisk`s retail business unit. "SanDisk is the first to offer a single card with flash memory and Wi-Fi capabilities. We believe SanDisk`s Connect cards meet the needs of a fast growing market that requires storage and wireless connectivity, and we are pleased to team with Intersil to make these products a reality."

SanDisk`s new Connect cards have been designed with low power consumption to minimize battery drain, a key consideration for PDA and notebook users. The CF Connect line can be used in multiple devices because they support both WinCE PDAs and Windows laptops and notebooks. The cards also have been simplified for easy installation, and security encryption keys are included with the products.

Intersil`s 802.11b PRISM chip sets are the most highly integrated WLAN silicon solutions on the market. PRISM chip sets deliver wireless Ethernet networking with compliance to the global standard and are optimized for high data rate (11 Mbps) performance. PRISM-based systems are feature-rich and provide fast, reliable performance in all types of networking environments. Advanced design and process technologies reduce power consumption, design complexity and total system cost.

About SanDisk

SanDisk Corporation the world`s largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk was founded in 1988 by Eli Harari, an international authority on non-volatile memory technology. The company has optimized its flash memory storage solution, known as "system flash," to address the needs of many emerging applications in the consumer electronics and industrial/communications markets. In November 1995, SanDisk became a publicly traded company (Nasdaq:SNDK - News). SanDisk, SanDisk is based in Sunnyvale, CA.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s WLAN product group include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; our ability to successfully deploy our up integration strategy; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, and notebook computers with embedded wireless; the rate at which our present and future customers and end-users adopt Intersil`s wireless access technologies; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

All trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Corporation Announces Fourth Quarter 2002 Financial Results
Tuesday January 28, 4:41 pm ET


MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 28, 2003--Intersil Corporation (Nasdaq:ISIL - News):
Achieves $179.9 million in revenue; in line with December guidance and up 24% from the same quarter of 2001
Meets EPS guidance of $0.18 and generates more than $40 million in cash from operations
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today reported financial results for the fourth quarter ended January 3, 2003. Net revenue was $179.9 million, a decrease of 6% from the previous quarter but a 24% increase from the same quarter in the prior year. Excluding amortization of intangibles, adjusted net income for the fourth quarter was $25.3 million or $0.18 per diluted share of common stock. This compares to adjusted net income of $14.8 million or $0.11 per diluted share for the fourth quarter of 2001. Net income on a generally accepted accounting principles (GAAP) basis for the fourth quarter of 2002 was $0.4 million or $0.00 per diluted share. This compares to net income of $3.5 million or $0.03 per diluted share for the same period a year ago.

For the total year, Intersil achieved adjusted net revenue of $706.2 million, an increase of 23% over the previous year, and reported adjusted earnings per share of $0.66, an increase of 89% from 2001.

"Our company performance remains strong," said Rich Beyer, Intersil`s president and CEO. "Our total analog revenue grew sequentially in the fourth quarter, driven by strength in our Power Management and Elantec Product Groups, and all our product groups grew year over year. We achieved gross margins of approximately 53% and generated over $40 million in cash flow from operations. Our cash balance improved to over $623 million during the quarter, days sales outstanding held steady at 45 days and we reduced our inventory position by approximately $11 million."

"Our results in 2002 demonstrate that our strategic model is working," added Beyer. "Intersil`s revenue grew 23% during a year in which the semiconductor industry grew only about 2%, and our Power Management, Elantec and Wireless Networking Product Groups all grew more than 10%. Our focus on high performance analog and wireless networking markets has enabled us to outpace the industry in revenue growth while significantly improving our profitability."

Results by Product Group

Revenue for Intersil`s Power Management products reached a record $52.6 million during the fourth quarter, an increase of 12% from the prior quarter and 17% from the fourth quarter of 2001. Growth in power management came from products used across the range of Intersil`s targeted platforms -- desktop PCs, notebook PCs, double data-rate (DDR) memory and graphics cards. Intersil shipped its 500 millionth Endura(TM) power management IC during the quarter, and continues to add to its leadership position with innovative high performance analog products, such as its new VR10 Power Management solution for next-generation Intel processors and new battery charger ICs for notebooks and portables.

Sales of Elantec(TM) products increased 2% sequentially and 11% over the fourth quarter of the prior year to $25.5 million. Growth for the Elantec Product Group came from its optical storage and DSL products. As the world`s leading supplier of laser diode drivers for CD-Read/Write and DVD-Recordables, Intersil is well positioned as an increasing percentage of PCs incorporate DVD-Recordable drives. Strength also came from the sale of Elantec DSL line drivers, driven particularly by strong demand for Central Office products in Japan.

Intersil`s Standard Analog revenue decreased 11% sequentially but increased slightly from the same quarter in the prior year to $30.2 million. This product group continues to be impacted by soft demand, particularly in the North American distribution channel; it is expected to resume growth as the market strengthens in the second half of 2003. Intersil`s broad portfolio of Standard Analog products offers attractive gross margins and continues to generate positive cash flow for the company.

Automotive product sales peaked at $15.4 million during the fourth quarter as Intersil fulfilled last-time purchases from automotive customers. The company expects minimal revenue from this product group in the first quarter of 2003, as the exit of this business is completed. As previously announced, Intersil is exiting the automotive business in order to focus on higher growth and more profitable areas of its business.

In line with expectations, Intersil`s Wireless Networking sales decreased 25% from the previous quarter but grew 49% year over year to $56.2 million. As indicated in December, while Intersil experienced customer-requested delayed shipments late in the fourth quarter, it appears that inventory in the channel is now clearing as anticipated and the end markets for WLAN products remain solid. The company recently announced design wins with leading OEMs D-Link, NETGEAR, corega and USI for Intersil`s next generation 802.11g-based PRISM GT(TM) chip set which began shipping late in the fourth quarter of 2002. Intersil is also seeing strong interest for its new dual band 802.11a, b and g WLAN solution, PRISM Duette(TM), which will begin shipping in volume in the first quarter of 2003.

Business Outlook

Looking ahead to the first quarter, Beyer said, "We continue to be cautious in our near-term outlook as we enter an historically soft quarter for the semiconductor industry. As we indicated in December, we expect revenue from our continuing product groups to be slightly down from the fourth quarter due to normal seasonality. We anticipate approximately $2-$3 million of final automotive sales in the first quarter of 2003. This results in total expected revenue of $160-$165 million for the company. We anticipate gross margins of approximately 53% and adjusted earnings per share of $0.13-$0.14."

Beyer concluded, "We introduced more than 100 new analog products in 2002 and began shipping next generation, high-data-rate WLAN products to leading customers, while improving our competitiveness and cost structure. By successfully executing our strategy, Intersil gained market share for the third consecutive year. We will invest in these markets again in 2003 so that we can continue to outperform the industry."

Investors and interested parties within the United States may listen to Intersil`s fourth quarter earnings conference call today at 4:30 p.m. Eastern/1:30 p.m. Pacific by dialing [phone] and providing the operator with the pass code Intersil. International callers may connect to the call by dialing [phone]. A replay of Intersil`s conference call will be available beginning at 7:00 p.m. Eastern/4:00 p.m. Pacific on January 28 and for one week thereafter by calling [phone] in the US or [phone] Internationally. Confirmation code for the replay is 42069. A live webcast will also be available on Intersil`s Investor Relations homepage at http://www.intersil.com/investor" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/investor and a replay will be available until February 4, 2003.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; the rate at which our present and future customers and end-users adopt Intersil`s high performance analog, wireless access, optical storage, and flat panel display technologies and products; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, notebook computers, optical storage (CD and DVD recordable), video and communications technologies and products; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; and the risks that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

PRISM is a registered trademark and PRISM GT, PRISM Duette, Elantec and Endura are trademarks of Intersil Americas Inc. and its subsidiaries. D-Link, NETGEAR and corega are trademarks of those respective companies in the United States and certain other countries. All other trademarks mentioned are the property of their respective owners.

Intersil Corporation
Financial Summary (Adjusted)
(In millions, except per share amounts and percentages)

Three Months Twelve Months
Ended Ended

1/3/03 12/28/01 1/3/03 12/28/01

Revenue $ 179.9 $ 144.5 $ 706.2 $ 575.7
Year/Year Growth 24% 23%

Gross Margin 94.8 75.2 376.9 291.5
% of Sales 52.7% 52.0% 53.4% 50.6%

R&D 34.9 30.5 138.7 128.2
SG&A 28.7 26.8 119.5 110.7

Operating Income 31.2 17.9 118.7 52.6
% of Sales 17% 12% 17% 9%

Interest, net (3.1) (3.4) (11.9) (19.4)

Pretax Income 34.3 21.3 130.6 72.0

Net Income $ 25.3 $ 14.8 $ 92.7 $ 48.8
% of Sales 14% 10% 13% 8%

EPS
Basic $ 0.19 $ 0.11 $ 0.68 $ 0.36
Diluted $ 0.18 $ 0.11 $ 0.66 $ 0.35

Weighted Average Shares
Basic 136.6 136.1 136.5 135.3
Diluted 140.5 141.5 141.2 141.2


NOTE: This financial summary excludes amortization of intangibles
for the quarter and other one-time items for other periods. The
financial summary includes Elantec in all periods. These adjustments
are included on page 7.



Intersil Corporation
Statements of Operations
(In millions, except per share amounts)

Three Months Twelve Months
Ended Ended

1/3/03 12/28/01 1/3/03 12/28/01
Revenue
Product sales $ 179.9 $ 121.6 $ 649.7 $ 481.1
Costs and Expenses
Cost of product sales 85.1 58.4 305.2 258.6
Research and development 34.9 25.5 131.0 106.1
Selling, general & administrative 28.8 22.2 111.9 93.5
Intangible amortization 7.3 10.6 24.6 44.2
In-process research and
development - - 53.8 -
Impairment of long-lived assets - - 6.2 7.6
Restructuring - - 5.3 32.4
------- --------- ------- ---------
Operating Income (Loss) 23.8 4.9 11.7 (61.3)
Interest, net (3.1) (3.7) (11.3) (18.6)
Loss on investments - - 1.7 8.2
Operating results of certain
operations
disposed of during 2001 - - - (3.0)
Gain on sale of certain assets - - - 168.4
------- --------- ------- ---------
Income before income taxes and
extraordinary item 26.9 8.6 21.3 114.5
Income taxes 26.5 5.1 21.8 62.4
------- --------- ------- ---------
Income (loss) before
extraordinary item 0.4 3.5 (0.5) 52.1
Extraordinary item - loss on
extinguishment of debt, net of
tax effect - - - (12.2)
------- --------- ------- ---------
Net income (loss) $ 0.4 $ 3.5 $ (0.5) $ 39.9
======= ========= ======= =========

EPS
Basic
Income (loss) before
extraordinary item $ 0.00 $ 0.03 $ (0.00)$ 0.49
Extraordinary item - - - (0.11)
------- --------- ------- ---------
Net income (loss) $ 0.00 $ 0.03 $ (0.00)$ 0.38
======= ========= ======= =========

Diluted
Income (loss) before
extraordinary item $ 0.00 $ 0.03 $ (0.00)$ 0.48
Extraordinary item - - - (0.11)
------- --------- ------- ---------
Net income (loss) $ 0.00 $ 0.03 $ (0.00)$ 0.37
======= ========= ======= =========

Weighted Average Shares
Basic 136.6 106.5 125.6 105.7
======= ========= ======= =========
Diluted 140.5 109.2 125.6 108.9
======= ========= ======= =========


NOTE: The effect of dilutive securities is not included in the
twelve months ended January 3, 2003 because to do so would be
antidilutive. Otherwise, diluted shares would be 129.1 million.



Intersil Corporation
Balance Sheets
(In millions)


Jan. 3, Oct. 4,
2003 2002
Assets
Current Assets
Cash & short-term investments $ 623.6 $ 596.8
Trade receivables, net 93.9 87.6
Inventories 86.0 96.7
Prepaid expenses and other current assets 9.4 12.1
Deferred income taxes 32.1 56.5
-------- --------
Total Current Assets 845.0 849.7
Other Assets
Property, plant & equipment, net 161.3 155.5
Intangibles, net 1,304.4 1,323.4
Deferred income taxes 14.9 -
Other 40.0 37.8
-------- --------
Total Other Assets 1,520.6 1,516.7
-------- --------
Total Assets $2,365.6 $2,366.4
======== ========

Liabilities and Shareholders` Equity
Current Liabilities
Trade account payables $ 37.5 $ 34.4
Income taxes payable 24.4 20.0
Deferred revenue 12.4 11.1
Other accrued items 84.1 93.1
-------- --------
Total Current Liabilities 158.4 158.6
Other Liabilities
Deferred income taxes - 6.5
-------- --------
Total Liabilities 158.4 165.1
Total Shareholders` Equity 2,207.2 2,201.3
-------- --------
Total Liabilities and Shareholders` Equity $2,365.6 $2,366.4
======== ========



Intersil Corporation
Financial Highlights/Bridge
(In millions, except per share amounts)


Adjustments to reconcile reported GAAP net income
(loss) to adjusted net income:


Three Months Twelve Months
Ended Ended

Jan. 3, Dec. 28, Jan. 3, Dec. 28,
2003 2001 2003 2001

Net Income (loss) - GAAP $0.4 $3.5 $(0.5) $39.9

a) Amortization of acquisition-
related intangibles 7.3 10.6 24.6 44.2

b) Impairment of long-lived assets - - 6.2 7.6

c) Restructuring - - 5.3 32.4

d) In-process research and
development - - 53.8 -

e) Loss on investments - - 1.7 8.2

f) Operating results of certain
operations - - - 3.0

g) Gain of certain assets sold - - - (168.4)

h) Excess inventory charge - - - 19.2

i) Income for Elantec prior to
acquisition - 3.5 8.4 17.5

j) Margin from change in
distributor revenue recognition - - 10.1 -

k) Extinguishment of debt - - - 12.2

l) Interest impact on cash used in
acquisition - (1.4) (1.0) (6.4)

m) Reconciliation to adjusted tax
rate of 29% for 2003 17.6 (1.4) (16.0) 39.3
------- ------- --------- -------

Adjusted net income $25.3 $14.8 $92.7 $48.8
======= ======= ========= =======

Diluted adjusted earnings per
share $0.18 $0.10 $0.66 $0.35
======= ======= ========= =======

Diluted adjusted earnings common
shares 140.5 141.5 141.2 141.2
======= ======= ========= =======



Adjustments to reconcile reported revenue
to adjusted revenue:

Revenue $179.9 $121.6 $649.7 $481.1

Revenue for Elantec prior to
acquisition - $22.9 41.8 $94.6

Revenue from change in distributor
revenue recognition - $ - 14.7 $ -
------- ------- --------- -------


Adjusted Revenue $179.9 $144.5 $706.2 $575.7
======= ======= ========= =======

Note: Amounts may not add due to rounding.



--------------------------------------------------------------------------------
Contact:
Intersil Investor Relations
Meghan Dalton, 321/729-5738
E-Mail: [e-mail]
or
Intersil Public Relations
Brent Dietz, 321/729-5973
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[INXS]

Intersil Surpasses 30 Million DSL Port Milestone
Monday March 3, 9:13 am ET
Intersil`s Elantec Line Drivers Enable High Performance, High Density DSL Systems


MILPITAS, Calif.--(BUSINESS WIRE)--March 3, 2003--Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that it has shipped more than 30 million digital subscriber line (DSL) ports since introducing the world`s first DSL line driver in 1995.
"Intersil has shipped more DSL line drivers than any other company because we offer the performance, reliability and support that the world`s leading DSL manufacturers demand," said Mohan Maheswaran, vice president and general manager of Intersil`s Elantec Product Group. "Our Elantec® line drivers offer the low power consumption, excellent low distortion performance and the reduced part count customers require to develop higher speed, very high-density line cards that can accommodate many DSL subscribers. This kind of innovation allows our customers to focus on optimizing service offerings for their subscribers. We plan to build on our market leadership by expanding our Elantec DSL line driver portfolio, particularly with products tailored for the central office."

Intersil`s Elantec DSL products are manufactured on a proprietary process, yielding higher performance ICs that deliver excellent current drive and fidelity while consuming very little quiescent power. The resulting lower power and smaller die size allows the IC to fit into a smaller package, reducing costs and improving efficiencies for DSL vendors.

For more information on Intersil`s Elantec DSL line drivers, receivers and DCC power solutions, visit the company`s web site at http://www.intersil.com/design/elantec/dslLineDrivers.asp." target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/design/elantec/dslLineDrivers.asp.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com.

Elantec is a registered trademark of Intersil Corporation or one of its subsidiaries.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[INXS]

Intersil Will Implement Cisco Compatible Extensions on PRISM Wireless Local Area Networking Products
Wednesday March 5, 8:51 am ET
Intersil`s PRISM GT(TM) and PRISM Duette(TM) Wireless LAN solutions will fully utilize and interoperate with Cisco Aironet infrastructure


MILPITAS, Calif.--(BUSINESS WIRE)--March 5, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced it is implementing a software upgrade that will integrate Cisco Compatible Extensions on Intersil`s PRISM GT(TM) (802.11g) and PRISM Duette(TM) (802.11a/b/g) dual-band Wireless Local Area Networking (WLAN) solutions. Intersil`s support for the Cisco Compatible Extensions Program is further evidence of the strong strategic and working relationship between Cisco and Intersil.
ADVERTISEMENT


"Intersil has been a driving force in the development of Wireless Networking. As the wireless LAN market leader with over 50 percent share(1), Intersil will lead the migration from 802.11b to 802.11g systems," said Bill Rossi, vice president and general manager of Cisco`s Wireless Networking Business Unit. "Intersil is an important member of the Cisco Compatible Extensions Program and we are very happy they are integrating our program into their market leading wireless LAN solutions. Intersil`s participation will help accelerate the availability of exciting new features that will help drive adoption of wireless networking."

"Cisco has been a long time collaborator and customer of Intersil. The Cisco Compatible Extensions program will allow 802.11-enabled devices using Intersil`s PRISM wireless LAN solutions to seamlessly interoperate with Cisco Aironet wireless LAN systems," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Networking Products Group. "We are excited about being part of this program which will expand market access to the features and functionality developed by Cisco."

The Cisco Compatible Extensions program offers a no cost licensing of innovative Aironet features for integration into client adapters and, ultimately, mobile devices, on a non-exclusive basis. After extensive interoperability testing with Cisco wireless LAN infrastructure, the adapter or device can be marketed with the Cisco Compatible brand signifying that it provides support for the full set of Cisco Compatible Extension features that meet the security, management and roaming needs enterprise customers are demanding.

Intersil`s PRISM GT and PRISM Duette solutions are addressing the needs of the mobile user who can now connect to virtually any flavor of wireless infrastructure, the consumer who can stream multimedia and get whole home coverage, and in the workplace where dense user environments can exist. "By leveraging our years of experience with 5 GHz and 2.4 GHz wireless LANs we have developed solutions that bring unique value to our customers and end consumers," added Ciaccia

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation`s ("Intersil") management`s current expectations, estimates, beliefs, assumptions, and projections about Intersil`s business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil`s WLAN product group include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; our ability to successfully deploy our up integration strategy; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, and notebook computers with embedded wireless; the rate at which our present and future customers and end-users adopt Intersil`s wireless access technologies; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil`s expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation risks; Intersil`s ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil`s products and any repair or replacement costs; the risks and uncertainties associated with Intersil`s global operations, particularly in light of the war on terrorism; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil`s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC`s web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements.

(1) IDC`s Worldwide WLAN Semiconductor Market Forecast and Analysis, 2001-2006 (K. Furer, Analyst)
PRISM GT and PRISM Duette are trademarks of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[INXS]

intersil wurde gerade in der 3-sat börse empfohlen!

[panik]

Dow Jones Business News
Despite Hype, WiFi Chip Sales To Peak In `03 -Analyst
Wednesday March 19, 1:51 pm ET
By Donna Fuscaldo, Of DOW JONES NEWSWIRES


NEW YORK (Dow Jones)--Ever since Intel Corp. (NasdaqNM:INTC - News) unveiled its much hyped wireless mobile chip, WiFi has become a favorite buzz word.
ADVERTISEMENT


The idea of surfing the Internet unfettered has gained traction not only with the high-tech industry, but also with hotel chains, coffee houses and fast food king McDonald`s Corp. .

Intel is even investing more than $300 million to promote this new way of computing. Other chip makers, including Texas Instruments Inc. (NYSE:TXN - News) and Broadcom Corp. (NasdaqNM:BRCM - News) have been making inroads in this market, hoping to capitalize on one of the only areas of technology that is actually seeing growth.

Still, although shipments of wireless chips are expected to surge this year, Joseph Osha, an analyst at Merrill Lynch sees the opportunity for semiconductor makers abating. He thinks 2003 will be the peak year for Wireless chip sales.

"While we expect 2003 to be another growth year, longer-term prospects for the WLAN IC market are less exciting," wrote the analyst in a research report. " Semiconductor vendors will have to rely on share gains rather than end-market growth after 2003."

According to the analyst, the culprit for declining sales will continue to be average selling prices. Although new generations of wireless chips could stem some of the losses, it will only be temporary. By Osha`s account, prices for wireless chips will fall 12% this year and 20% in 2004. He noted that the emergence of a slew of competitors in the wireless chip industry, has resulted in falling prices.

Indeed, competition has been heating up over the last year. In the early days, Intersil Corp. (NasdaqNM:ISIL - News) and Agere Systems Inc. were the only games in town. But with the semiconductor industry in a protracted downturn, other chip makers have turned their sights toward the WiFi market. On top of the heavy hitters like Intel, Texas Instruments and Broadcom, others including Realtek Semiconductor Corp. out of Taiwan and Marvell Technology Group Ltd. (NasdaqNM:MRVL - News) , have entered the fray. All of this competition bodes well for consumers, but does little for the companies in the industry.

"We remain skeptical of prognostications that suggest the market will grow to $2 billion in five years," wrote Osha. "Unless vendors can introduce significant product differentiators, WLAN chipsets will soon become commodity products much like the analog modem of a decade ago."

At Dallas-based Texas Instruments, Marc Cetto, general manager of the WLAN business, agrees prices of wireless chips will continue their descent. And if you only considered the current WiFi markets, which largely consists of Fortune 1000 corporations and home users, then the argument that sales will peak this year is also believable, he said.

But Cetto sees the industry transforming in coming years, presenting a huge opportunity for Texas Instruments to grow its sales and market share. The chip maker expects the WiFi market to exceed 200 million units in two to three years with new opportunities emerging.

Take the home networking market. Today only about 10% to 20% of households in North America have broadband. In the next three to four years, Cetto expects that to climb to 30% to 35%. That increased penetration, he said, will result in more wireless networks, as consumers look to share the Internet connection through out the entire home. Moreover, Cetto said Asia and Europe are also high growth markets. By his account, Korea has 60% broadband penetration, while Japan is now surpassing 30%.

But home networks isn`t the only area Cetto expects WiFi to be widely accepted.

In the next five years, he said WiFi chips will be built in cell phones and to a lesser extent personal digital assistants or PDAs.

"Because of the role TI plays in cell phones we are very close to that market ... and all (phone makers) have plans to include WiFi," he said. On top of the broadband and cell phone markets, Cetto said it`s only a matter of time before WiFi finds its way into consumer electronics like game consoles or hubs.

While Cetto acknowledges that competition is fierce in the wireless industry, he said there is enough room for those who can make the chips in volume. When Texas Instruments entered the market last April there were 63 players, some of which were Taiwanese, who are known for driving down prices, he said. And even though Texas Instruments` own entrance took prices down 30%, Cetto said the company`s advanced manufacturing technologies put it at an advantage.

If a company is using the .13 micron manufacturing process and its competitors aren`t, then it has a "significant advantage" in terms of price and volume, he said. Advanced chip making technology like .13 micron enables companies to churn out more chips at lower costs.

And it`s an assessment Merrill`s Osha seems to agree with. In his research report Wednesday the analyst said over the long haul Intel and Texas Instruments will take share, but at the same time drive down prices and margins.

-By Donna Fuscaldo, Dow Jones Newswires; 201-938-5253; [e-mail]

[INXS]

7:42AM Intersil and Broadcom to benefit from Cisco acquisition - Lehman : Lehman believes that CSCO`s purchase of Linksys is a positive for ISIL and BRCM, as CSCO`s presence will likely accelerate SOHO WLAN mkt growth; for ISIL, firm thinks this could allow the co to gain back some share in 802.11g as CSCO dual-sources .11g chipsets, and for BRCM, this should reinforce the strong BRCM/CSCO relationship in Ethernet which previously did not crossover into wireless LAN. Firm also believes that MRVL should benefit as well.

[panik]

Intersil`s Obstacles: Intel And Broadcom
Monday April 7, 10:23 am ET
By James Detar


Intersil Corp`s (NasdaqNM:ISIL - News) story is one of slow and steady growth.
The maker of wireless chips took seven years to increase annual sales from $550 million to $650 million.The days of Intersil`s measured growth might be numbered. Two tough chipmakers - Intel Corp. and Broadcom Corp. - are taking on Intersil in the wireless chip market.

Intel is the world`s biggest chipmaker, with sales of $26.8 billion last year. On March 12, amid much hoopla, it launched its Centrino wireless chip line for mobile devices. Broadcom, with 2002 sales of $1.08 billion, is rolling out a flurry of wireless chips as well.

The stakes are high. The wireless chip segment is one of the few bright spots in the sluggish chip market. Wireless chips let laptop computers and other mobile electronic devices connect to the Internet without a telephone line.

"It`s a hot market," said analyst Will Strauss, president of market research firm Forward Concepts Co. "We forecast 49% revenue growth at a compound annual rate through 2006." That would push the industry over $1 billion a year.

Strauss says revenue will grow at that pace even though wireless chip prices are falling 18% a year.

But it won`t be smooth sailing for chipmakers. They`ll compete hard on both technology and price.

Jeff Thermond, a Broadcom vice president, says he`s digging in for a long fight. "Our engineers were working around the clock the last two years to develop the world`s best wireless technology," he said.

Wireless chips are used to create local area networks, or LANs. Such LANs are already popular in Starbucks coffee houses and other public places. Users can go into these "hot spots" and surf the Web without plugging into a telephone jack.

Forward Concepts expects the number of wireless chips sold to double every year through 2005, when it will reach 116.8 million.

Makers will sell more and more wireless chips. But not everyone thinks revenue will go up. Merrill Lynch & Co. analyst Joseph Osha in San Francisco says revenue in the wireless chip sector is peaking.

"Although there is quite dramatic unit growth, average selling prices are beginning to go down," Osha said. "That doesn`t mean it`s a complete disaster. But it does mean the guys that win will be ones that consolidate and gain market share."

Wireless chips use a technical standard called 802.11, or Wi-Fi - short for wireless fidelity. There are a few flavors of Wi-Fi. Most common is 802.11b.

A new Wi-Fi version, G, is faster. There`s a hitch, though: The industry has yet to approve that standard.

Analysts expect the Wi-Fi standards body to approve it in June. But in a bid to keep Intel from taking over the market, Broadcom, Intersil and others have jumped the gun. They`re shipping chips that comply with the draft Wi-Fi G standard.

On Monday, Broadcom plans to announce it`s shipping dual A/G Wi-Fi chip in volume. It claims to be the first with a device that supports the two approved Wi-Fi standards - B and a less-used version, called A - as well as the draft standard for G.

Dell Computer Corp. will be among the first to use Broadcom`s dual-version Wi-Fi chips in its new Latitude D line of notebook PCs.

"We are now making wireless standard technology on all of our wireless notebooks. Before, it was an option," said Dell spokeswoman Anne Camden. Dell unveiled the Latitude D line in March.

On March 31, Hewlett-Packard Co. said it would use Broadcom`s Wi-Fi chips in its notebook PCs.

Despite Broadcom`s gains, researcher International Data Corp. says Intersil held the top spot last year. Its wireless chip sales soared 125% year over year to $239 million. That was enough to account for 51% of all wireless chip sales. It had total revenue of $650 million last year.

Intersil Chief Executive Richard Beyer says pretty much anybody can make Wi-Fi chips at this point. That`s one reason prices keep falling. He says about 25 companies are trying to make the stuff.

But he expects only a few companies will survive. His short list includes Intersil, Intel, Broadcom and Texas Instruments Inc.

Beyer says Intersil`s best chances are in consumer electronics. Its customers include consumer firms Samsung Group and Sony Corp.

Broadcom and Intel didn`t rank among the biggest wireless chipmakers last year. But IDC expects the pair to come on strong.

There is "no question that Broadcom is strongest in wireless LAN," said IDC analyst Ken Furer. He expects Broadcom and Intel to turn up the heat. "Intel`s goal is to win the wireless LAN market, which it sees as the next big thing," Furer said.

There will be 2 billion devices hooked up to the Internet by 2006. And there will be in the area of $10 trillion in online business by then. Many customers will want to connect wirelessly, says Intel Chief Executive Craig Barrett.

Intel has the marketing might, Furer says, but it still needs to get the technology down.

This is one of those rare instances where Intel lags its rivals in technology. Intel doesn`t even make its own Wi-Fi B chip. It`s reselling the Texas Instruments chip, Strauss says. But once Intel rolls out its own Wi-Fi chips, it will fight to the top, Strauss says.

Mike Angell and Michael Krey contributed to this story.

[INXS]

Legend Selects Intersil`s WLAN Chip Set for the New Kaitian 6800 Commercial Computer
Monday April 14, 8:26 am ET
Legend`s PRISM-based Low Profile Mini-PCI Card Receives Certification
PRISM Chip Set Optimized for Smaller Form Factors and Embedded WLAN Applications


MILPITAS, Calif.--(BUSINESS WIRE)--April 14, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that Legend Group Limited ("Legend") (HKSE stock code: 992; ADR stock quote: LGHLY), China`s largest IT corporation, has integrated Intersil PRISM® mini-PCI Wireless Local Area Networking (WLAN) solution into their new Kaitian 6800 commercial computer. Legend recently received Radio Transmission Equipment Type Approval for their Low Profile PCI card, from the State Radio Monitoring Center SRMC, China. This is equivalent to FCC radio certification in the United States.

Legend`s Kaitian 6800 is a tiny commercial PC that supports CPUs at 3 GHz or above. The Kaitian 6800 features include wireless connection to the Internet, telephone synchronization, personalized interface, smart cards and VPN security. Its strong functionality, high integration, together with a vertical and horizontal chassis for selection, easy-to-adjust LCD monitor as well as a wireless keyboard and mouse help enhance freedom of operation.

"There is an increasing demand for wireless LAN solutions in China and Intersil is very excited that Legend is bringing PRISM-based products to this rapidly growing market," said Larry Ciaccia, vice president and general manager for Intersil`s Wireless Networking Product Group. "Legend has an extensive distribution channel with major retail outlets that delivers a powerful point-of-entry for their PRISM-based WLAN products."

"Legend selected Intersil`s PRISM technology because it is a full-featured total wireless networking solution," said He Zhiqiang, senior vice president of Legend. "Legend`s Kaitian 6800 commercial computer together with Intersil`s PRISM WLAN technology provides state of the art wireless solution to users."

The PRISM solution features the world`s first single-chip Baseband Processor (BBP) and Medium Access Controller (MAC) that integrates digital functions normally done by two ICs. PRISM chip sets are the most highly integrated WLAN silicon solutions on the market. PRISM-based systems are feature-rich and provide fast, reliable performance in all types of networking environments. Advanced design and process technologies reduce power consumption, design complexity and total system cost.

About Legend Group Limited

Legend Group Limited (HK stock code: 0992 and ADR: LGHLY) is the leading information technology company in China. Legend brand PC accounted for a market share of 27.3% in the PRC market in 2002. The Legend brand PC is also the No. 1 best seller in the Asia Pacific region (excluding Japan) and accounted for a market share of 12.4% in the same year. Apart from manufacturing and sales of Legend brand PCs, the major businesses of Legend also include provision of IT services and Internet services, manufacturing and sales of handheld devices and contract manufacturing business. For more information, please visit the web site at http://www.legendgrp.com.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov

PRISM is a registered trademark of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Ships 75 Millionth LCD Reference Buffer for Flat Panel Displays
Tuesday April 22, 8:42 am ET
Intersil`s Integrated LCD Reference Buffers Simplify Design of New Generations of Flat Panel Monitors and LCD TVs


MILPITAS, Calif.--(BUSINESS WIRE)--April 22, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that it has shipped its 75 millionth Liquid Crystal Display (LCD) reference buffer integrated circuit (IC). Intersil is the world`s leading supplier of reference buffer ICs used to enhance color performance of thin film transistor (TFT) LCD displays for flat panel monitors, notebooks and LCD TV applications.
"We`re very proud of surpassing this shipment milestone and Intersil will be adding even more products to our flat panel portfolio in the coming months," said Simon Prutton, Intersil`s director of marketing for the Elantec® Product Group. "Intersil offers the most highly integrated products for the flat panel display market, with more products integrating multi-channel gamma and VCOM amplification than any other company. We also recently released the industry`s first programmable reference generators, enhancing the functionality of next generation LCD TV and monitors. Add to that our complementary DCC converters, board-level reference designs and outstanding customer support, and it`s easy to see why Intersil is a leader in this growing market."

Intersil continues to benefit from a market migration from traditional CRT-based TVs and monitors to LCD displays due to the high precision, color accuracy and high efficiency of its LCD reference buffers. Intersil`s video and flat panel display offering is targeted at 14-inch and greater TFT/LCD displays, as well as small LCD displays used in PDAs, cell phones, smart phones, digital cameras, electronic games and other portable electronics. Intersil`s portfolio includes gamma buffer amplifiers, integrated common voltage (VCOM) amplifiers, gamma reference generators, white LED drivers and multi-channel DCC regulators. To learn more about the company`s LCD display devices and solutions, visit the Intersil web site at: http://www.intersil.com/cda/application_e/0,1293,35,00.html" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/cda/application_e/0,1293,35,00.html

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

Elantec is a registered trademark of Intersil Corporation or one of its subsidiaries.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-Mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Wins Laser Diode Driver Design with Hitachi-LG for World`s First Disk Drive Supporting All Recordable/Rewritable DVD and CD Formats
Wednesday April 23, 7:57 am ET
New Elantec LDD Integrates Write Strategy Waveform Generator for All DVD and CD Formats, Including DVD-RAM


MILPITAS, Calif.--(BUSINESS WIRE)--April 23, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that its programmable Elantec® laser diode driver is being used to help enable high-speed recording in Hitachi-LG Data Storage, Inc.`s new GSA-4040B disk drive -- the world`s first drive to support the writing of all of the writable DVD and CD formats including DVD RAM. Intersil`s new Elantec EL6918 programmable laser diode driver (LDD) offers the flexible architecture needed to support different media, DVD or CD standards and read/write speeds required for Hitachi-LG`s GSA-4040B disk drive, expected to be available in June.
ADVERTISEMENT


"Innovation of the type provided by the Intersil team and their new Elantec laser diode driver helped us to quickly develop this innovative, first-of-a-kind disk drive," said Hiroaki Nakamura, Vice President & Chief Technical Officer of Hitachi-LG Data Storage. "Intersil`s application expertise combined with the flexibility and programmability of their write strategy generator LDD will enable Hitachi-LG to add to our leadership in optical storage with a product that supports all DVD and CD formats. We look forward to expanding our relationship with Intersil when we offer these innovative new disk drives in the coming months."

"This latest design win with Hitachi-LG underscores our position as the world`s leading supplier of laser diode drivers for the optical storage market," said Simon Prutton, Intersil`s director of marketing for the Elantec Product Group. "We`ve enjoyed a close working relationship with Hitachi and Hitachi-LG on the development of our family of write strategy laser drivers and are delighted to have been able to contribute to their breakthrough new optical disk drive."

The Elantec EL6918 is the latest addition to Intersil`s growing family of laser diode drivers. The first laser diode driver with programmable write-strategy engine was developed in 2000 as the result of a joint development between Hitachi, Ltd., Japan and Elantec. The EL6918 LDD with waveform generator simplifies the design of multi-standard writable optical drives by integrating all of the timing and power control algorithms required into the laser driver itself. Programming is accomplished through a serial interface port and the architecture allows reprogramming of the timing to support different media, DVD or CD standards, and different speeds. An integrated high frequency modulator (HFM) oscillator is programmable to 100 milliamps peak-to-peak from 200MHz to 600MHz. The device incorporates two laser outputs to support read/write DVD and CD combinations and offers 100-picosecond (psec) timer resolution.

EL6918 Key Features

350mA maximum drive current
100 psec timer resolution
Dual outputs support read /write DVD and CD combinations
8 X 8 bit multiplying DAC output (provides 8 bit full scale adjustment and 8 bit resolution)
Programmable waveform values support DVD-RAM, DVD-R/RW, DVD+R/RW and CD-R/RW
Programmable High Frequency Modulator (HFM)
Programmable HFM offset when HFM is off
Two analog inputs support slope and read APC
PLL allows reduced-frequency clock on flex cable
Serial input works up to 25 MHz
32-pin leadless plastic package
Availability and Pricing

Intersil`s Elantec EL6918C is available now in a 32-pin leadless plastic package for $3.80 each in 10,000-unit quantities. To learn more about Intersil`s optical storage devices and solutions, visit the Intersil web site at http://www.intersil.com/design/elantec/opticalStorage.asp" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/design/elantec/opticalStorage.asp

About Hitachi-LG Data Storage, Inc.

Hitachi-LG Data Storage, Inc. is a joint venture of Hitachi, Ltd. and LG Electronics, Inc. established in November of 2000 for the development, design and marketing of optical disk drives such as CD and DVD drives, with operations in both Japan and Korea. The company combines Hitachi`s strengths in the area of DVD-ROM/RAM with LG`s world-class competitive capabilities in the area of manufacturing and marketing CD-ROM and CD-RW drives.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

Elantec is a registered of Intersil Corporation or one of its subsidiaries.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Brent Dietz, 321/729-5973
E-Mail: [e-mail]
or
IPRA
Dick Davies, 415/777-4161
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[southbound]

Insiderdumping?


2003-03-21 CITIGROUP INC.
Director *590,000 Sale at $16.04 per share.
(Proceeds of $9,463,600)
2003-03-20 STERLING HLDG CO LLC 1,000,000 Planned Sale
(Estimated proceeds of $18,810,000)
2003-03-20 CITIGROUP INC.
Director *640,000 Sale at $15.99 per share.
(Proceeds of $10,233,600)
2003-03-19 CITIGROUP INC.
Director *620,000 Sale at $16.05 per share.
(Proceeds of $9,951,000)
2003-03-18 CITIGROUP INC.
Director *438,500 Sale at $16.34 per share.
(Proceeds of $7,165,090)
2003-03-18 STERLING HLDG CO LLC 1,000,000 Planned Sale
(Estimated proceeds of $16,680,000)

[mumienBULLE]

Intersil Corporation Announces First Quarter 2003 Financial Results
Wednesday April 23, 4:03 pm ET


MILPITAS, Calif.--(BUSINESS WIRE)--April 23, 2003--Intersil Corporation (Nasdaq:ISIL - News):
Achieves $164.4 million in revenue and grows orders sequentially in all Product Groups
Meets revenue and EPS guidance
Generates more than $34 million in cash flow from operations
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today reported financial results for the first quarter ended April 4, 2003. On a generally accepted accounting principles (GAAP) basis, net revenue was $164.4 million, an increase of 23% from the first quarter of 2002. GAAP net income for the first quarter of 2003 was $13.7 million or $0.10 per diluted share. This compares to net income of $13.8 million or $0.13 per diluted share for the same period a year ago.

Intersil believes that adjusted revenue and earnings information is a more accurate representation of its quarterly operating performance and has therefore chosen to provide this information to investors for a more consistent basis of comparison. Intersil also uses this adjusted information internally to evaluate and manage the company`s operations.

Revenue from ongoing operations, including Elantec® for all periods and excluding Automotive, was $162.2 million, an increase of 10% over the prior year and a decrease of 1% from the fourth quarter of 2002. Excluding amortization of intangibles and other one-time items, adjusted net income for the first quarter was $18.3 million or $0.13 per diluted share of common stock. This compares to adjusted net income of $17.8 million or $0.13 per diluted share for the first quarter of 2002.

"Our Power Management and Elantec Product Groups both achieved impressive sequential growth in the first quarter, and we`re pleased with Intersil`s total performance during what is historically a seasonally weak quarter for the industry," said Rich Beyer, Intersil`s president and CEO. "Our Wireless Networking Product Group and total analog business each grew on an annual basis. Our orders position improved substantially with strong sequential orders growth in each of our Product Groups.

"Intersil improved gross margins 30 basis points to 53.0% this quarter and our analog gross margins reached an all-time high," added Beyer. "The company generated more than $34 million in cash flow from operations and exited the quarter with a very strong cash and liquid investments position of over $633 million."

Results by Product Group

Revenue for Intersil`s Power Management products reached a record $54.3 million during the first quarter, an increase of 3% from the prior quarter and 26% from the first quarter of 2002. Intersil`s continued expansion from desktop power management into notebook, portable and peripheral applications helped the company grow its revenue during a historically soft seasonal quarter. Intersil`s Endura(TM) power management products for notebooks, graphics cards and DDR memory all experienced significant growth during the first quarter. Intersil received more orders for notebook products in the first quarter than it had for all of 2002. Strong design win momentum for Intersil`s graphics card and DDR memory solutions helped the company`s market share to grow to more than 50% of next-generation products. This should help drive continued revenue growth for Intersil`s Power Management Product Group during all of 2003 and beyond.

Elantec product sales also increased during the quarter, growing 6% sequentially and 7% over the first quarter of the prior year to $27.2 million. Revenue growth for the Elantec Product Group was driven by demand for its laser diode drivers (LDD) for new DVD recorders, as Intersil continues to benefit from increasing PC attach rates for DVD recordable drives. The company also experienced increasing demand for its DSL products and announced during the quarter that it has now shipped more than 30 million DSL ports since introducing the world`s first DSL line driver in 1995.

Intersil`s Standard Analog revenue decreased 1% both sequentially and from the same quarter of 2002 to $29.8 million. Based upon recent improvement in customer ordering patterns, there now appears to be some strengthening in the standard analog demand environment. As a result, Intersil expects a return to sequential revenue growth in Standard Analog in the second quarter. Intersil continues to add to its standard analog portfolio with high-precision, low power, space-saving products such as analog switches for Voice over Broadband and RS-232/485 interface. The company`s focus on portable markets within standard analog has helped establish Intersil as the number one supplier of analog multiplexers and number three supplier of analog switches.

As expected, the company reported Automotive product sales of $2.2 million during the first quarter as Intersil completed its exit of the automotive business in order to focus on higher growth and more profitable markets.

Intersil`s Wireless Networking sales decreased 9% from the previous quarter but grew 4% year over year to $51.0 million. The sequential decline was primarily due to seasonal softness within the WLAN market as well as ASP declines in 11 Megabit per second (Mbps) 802.11b. As expected, the market began to shift to higher data rate 54 Mbps products during the quarter. Lead customers including D-Link, NETGEAR, SMC, corega and USI have already begun ramping new products based on Intersil`s higher data rate PRISM® WLAN solutions, and approximately 20% of the first quarter wireless networking revenue came from these new products. Intersil also began shipping its new dual band 802.11a, b and g WLAN solution, PRISM Duette(TM), during the first quarter. Continued strong orders demand for these new solutions should result in a resumption of wireless networking growth in the second quarter.

Business Outlook

Looking ahead to the second quarter, Beyer said, "Given the increasing strength in orders in Q1 and our new product launches, we expect to resume sequential revenue growth in the second quarter. We expect revenue to grow 5 to 7% in the second quarter to between $172 and $176 million, with all of our product groups contributing to our growth. We expect earnings to grow faster than revenues, due to continued improvement in gross margins and continued leveraging of our operating expenses. We anticipate adjusted earnings per share to increase to $0.15-$0.16 in the second quarter."

Investors and interested parties within the United States may listen to Intersil`s conference call today at 4:30 p.m. Eastern/1:30 p.m. Pacific by dialing 877/709-5342 and providing the operator with the pass code Intersil. International callers may connect to the call by dialing 630/395-0024. A replay of Intersil`s conference call will be available for one week beginning today at 8:00 p.m. Eastern/5:00 p.m. Pacific by calling 800/839-2313 in the U.S. or 402/998-1189 Internationally. Confirmation code for the replay is Intersil. A live webcast will also be available on Intersil`s Investor Relations homepage at http://www.intersil.com/investor" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/investor and a replay will be available until April 30, 2003.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

Intersil Corporation
Financial Summary (Adjusted)
(In millions, except per share amounts and percentages)

Three Months Ended
-----------------------
April 4, March 29,
2003 2002

On-going product groups $ 162.2 $ 147.4
Automotive 2.2 12.1
---------- ----------
Total Revenue 164.4 159.5

Gross Margin 87.1 84.5
% of Sales 53% 53%

R&D 35.9 32.9
SG&A 28.2 28.7

Operating Income 23.0 22.9
% of Sales 14% 14%

Interest, net (2.1) (2.5)

Pretax Income 25.1 25.4

Net Income 18.3 17.8
% of Sales 11% 11%


Earnings Per Share
Basic $ 0.13 $ 0.13
Diluted $ 0.13 $ 0.13

Weighted Average Shares
Basic 136.6 136.5
Diluted 140.2 141.7


NOTE: This financial summary excludes amortization of intangibles
and other one-time items. The financial summary includes
Elantec in all periods. These adjustments are included in the
Financial Highlights table.



Intersil Corporation
Statements of Income
(In millions, except per share amounts)

Three Months Ended
-----------------------
April 4, March 29,
2003 2002
Revenue
Product sales $ 164.4 $ 134.1
Costs and Expenses
Cost of product sales 77.3 63.0
Research and development 35.9 27.8
Selling, general & administrative 28.2 23.8
Intangible amortization 6.4 2.3
Severance related expenses 1.6 -
---------- ----------
Operating income 15.0 17.2
Interest, net (2.1) (2.6)
---------- ----------
Income before sale of certain operations
and income taxes 17.1 19.8
Gain on sale of certain operations
disposed of during 2001 1.4 -
---------- ----------
Income before income taxes 18.5 19.8
Income taxes 4.8 6.0
---------- ----------
Net Income $ 13.7 $ 13.8
========== ==========

Earnings Per Share
Basic $ 0.10 $ 0.13
Diluted $ 0.10 $ 0.13

Weighted Average Shares
Basic 136.6 106.9
========== ==========
Diluted 140.2 109.1
========== ==========


Intersil Corporation
Balance Sheets
(In millions)

April 4, January 3,
2003 2003
Assets
Current Assets
Cash & short-term investments $ 533.1 $ 623.6
Trade receivables, net 90.3 93.9
Inventories 99.1 86.0
Prepaid expenses and other current assets 12.8 9.4
Deferred income taxes 30.8 34.3
---------- ----------
Total Current Assets 766.1 847.2
Other Assets
Property, plant & equipment, net 171.1 161.4
Intangibles, net 1,302.5 1,304.4
Deferred income taxes 13.4 15.6
Held-to-maturity investments 100.0 -
Other 43.1 39.9
---------- ----------
Total Other Assets 1,630.1 1,521.3
---------- ----------
Total Assets $ 2,396.2 $ 2,368.5
========== ==========

Liabilities and Shareholders` Equity
Current Liabilities
Trade account payables $ 51.8 $ 37.5
Income taxes payable 39.5 24.4
Deferred revenue 12.2 12.4
Other accrued items 77.0 91.5
---------- ----------
Total Liabilities 180.5 165.8
Total Shareholders` Equity 2,215.7 2,202.7
---------- ----------
Total Liabilities and Shareholders` Equity $ 2,396.2 $ 2,368.5
========== ==========


Intersil Corporation
Financial Highlights
(In millions, except per share amounts)

Adjustments to reconcile reported net
income to adjusted net income:
Three Months Ended
---------------------------
April 4, March 29,
2003 2002

Net income on GAAP basis $ 13.7 $ 13.8

a) Amortization of acquisition-related
intangibles 6.4 2.3

b) Severance related expenses 1.6 -

c) Gain on sale of certain operations
disposed of during 2001 (1.4) -

d) Income for Elantec prior to
acquisition(a) - 4.3

e) Interest impact on cash used in
acquisition - (1.0)

f) Associated tax effects (2.0) (1.6)
---------- -----------

Adjusted net income $ 18.3 $ 17.8
========== ===========

Diluted adjusted earnings per share $ 0.13 $ 0.13
========== ===========
Diluted weighted average common shares
outstanding 140.2 141.7
========== ===========

(a) Income from Elantec includes $25.4 million in revenue, $12.0
million in cost of sales, $5.1 million in R&D, $4.9 million in
SG&A and $0.9 million in interest income


Adjustments to reconcile reported revenue
to adjusted revenue:

Revenue $ 164.4 $ 134.1

Revenue for Elantec prior to acquisition - 25.4

Adjusted Revenue $ 164.4 $ 159.5
========== ===========

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

PRISM is a registered trademarks and Endura is a trademark of Intersil Americas Inc.

Elantec is a registered trademark of Intersil Corporation or one of its subsidiaries.

Intel, Pentium and Centrino are trademarks or registered trademarks of Intel Corporation.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Investor Relations, Palm Bay, Fla.
Meghan Dalton, 321/729-5738
E-Mail: [e-mail]
or
Intersil Public Relations
Brent Dietz, 321/729-5973
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[mumienBULLE]

Reuters
UPDATE - Intersil posts profit, sees revenues rising
Wednesday April 23, 4:44 pm ET


SAN FRANCISCO, April 23 (Reuters) - Intersil Corp. (NasdaqNM:ISIL - News), a maker of chips for wireless networking, said on Wednesday it posted a first-quarter net profit as revenues rose from a year earlier and it projected higher second-quarter revenues from the just-completed period.
ADVERTISEMENT


The Milpitas, California-based rival of Texas Instruments Inc. (NYSE:TXN - News) reported net income of $13.7 million, or 10 cents a share, compared with a net profit of $13.8 million, or 13 cents a share, a year earlier. Revenues rose to $164.4 million from $159.5 million a year earlier.

Intersil posted earnings excluding items of $18.3 million, or 13 cents a share, compared with earnings before items of $17.8 million, or 13 cents a share, a year earlier.

Analysts had on average expected the supplier to such big technology manufacturers as Cisco Systems Inc. (NasdaqNM:CSCO - News) and International Business Machines Corp. (NYSE:IBM - News) to post earnings excluding items of 13 cents a share and revenues of $162 million, according to Thomson First Call (News - Websites).

Intersil, which also counts mobile-phone giant Nokia (NOK1V.HE)(NYSE:NOK - News) and top personal computer maker Dell Computer Corp. (NasdaqNMELL - News) as customers, in January said it expected adjusted earnings per share of 13 cents to 14 cents and revenue of $160 million to $165 million.

Intersil, whose chips are also used for power management in computers and in CD and DVD burners and flat-panel displays, said it expects adjusted earnings per share for the current second-quarter of 15 cents to 16 cents and revenue of $172 million to $176 million.

Analysts had on average expected June-quarter earnings before items of 16 cents a share and sales of $170.9 million.

Rich Beyer, Intersil`s president and chief executive, noted the company saw growth on an annual basis in its wireless and networking product group and its analog business during the quarter, historically a seasonally slow period for the semiconductor industry.

"Our orders position improved substantially with strong sequential orders growth in each of our product groups," Beyer said, adding that the company generated more than $34 million in cash flow from operations and exited the quarter with cash and liquid investments of more than $633 million.

Analyst Satya Chillara of WR Hambrecht and Co. said Intersil turned in a solid quarter. "The state of their business is basically, I would say, good," Chillara said.

Shares in Intersil rose to $17.20 in after-market trade after closing up 73 cents, or 4.7 percent, at $16.44 on the Nasdaq stock exchange.

[panik]

Barron`s looks for the Wi-Fi dollars
By CBS.MarketWatch.com
Last Update: 3:40 PM ET April 26, 2003







NEW YORK (CBS.MW) -- With technology investors desperate for something new and innovative, wireless Internet connections draw the attention of Barron`s cover story and two columns this week.


Wireless fidelity networks, dubbed Wi-Fi, allow consumers to surf from the couch, porch and backyard or in one of many "hot spots" -- wireless Internet nodes found increasingly at cafes, bookstores or copy centers.

Indeed, Starbucks (SBUX: news, chart, profile) and McDonald`s (MCD: news, chart, profile) are putting links in their restaurants, a sign of popularity and potential.

Wi-Fi boxes with small radios slide into PCs and make wireless connections. The technology surrounds a small set of network and radio chips that conform to the industry standard -- 802.11, a number designating the specifications set by the Institute of Electrical and Electronics Engineers. The first generation is referred to as 802.11b, which moves data at 10 times the speed of a cable modem or DSL phone line.

Big tech players are already moving in on the wireless action. Intel (INTC: news, chart, profile) has committed $300 million to push Centrino, its brand name for a package of chips including a microprocessor and components. And it has pledged more than $150 million to Internet start-ups, including a dozen wireless newcomers.

Cisco Systems (CSCO: news, chart, profile) recently inked a $500 million stock deal to buy Linksys, a big Wi-Fi hardware producer and Microsoft (MSFT: news, chart, profile) has also jumped into this market, along with a handful of low-cost Taiwanese chipmakers.

And venture capitalists are swarming around the market, which has spawned more than 190 start-ups in the past three years. Recently filing to go public was Netgear, which makes Wi-Fi hardware for the home and small office.

But while Wi-Fi sales are expected to soar in the next few years, competition, falling prices and shrinking margins could also lie ahead. And analysts are worried that the hype may already be racing out of control.

Where`s the Wi-Fi beef?

So is there money to be made for the average investor? The traditional, pure Wi-Fi plays include chip companies such as Intersil (ISIL: news, chart, profile), Agere (AGRB: news, chart, profile) and Texas Instruments (TXN: news, chart, profile). Taiwanese players include Realtek Semiconductor (RLTQF: news, chart, profile) and Accton Technology (ACTZF: news, chart, profile). But with investors still treading carefully with technology, shares in these companies have gone nowhere in the past few months.

Wi-Fi sales for Intersil, which also sells phone chips and power-management chips for computers, reached $240 billion last year, a third of the company`s total revenue. It has already moved up to a newer and faster generation of technology -- 802.11g, faced by competition from TI, Agere, Amtel (AMHBF: news, chart, profile) and Marvell Technology (MRVL: news, chart, profile).

Just behind it, Texas Instruments plans to ship out its 11g chips this quarter, appearing in inexpensive home "gateways" that combine a DSL modem with a Wi-Fi network. Broadcom (BRCM: news, chart, profile) shipped out over a million Wi-Fi chipsets to customers like Dell (DELL: news, chart, profile) and Hewlett-Packard (HPQ: news, chart, profile), though the technology has yet to roll in the cash for the chip specialist.

Satya Chillara, an analyst at W.R. Hambrecht in San Francisco, told Barron`s that Intersil should stay ahead of the pack with these faster products, and expects the company`s sales to rise 10 percent this year, with another 10 percent upside for the stock, currently trading about $18.34.

Future of Wi-Fi

Industry research shows a growing, but competitive market as sliding chip prices have cheapened Wi-Fi products. The Yankee Group, a research firm, notes that over 170 companies are providing more than 450 certified Wi-Fi products, more than the market can support.

Meanwhile, tech market research firm Allied Business Intelligence predicts more than half of all computer notebooks sold worldwide in 2004 will be Wi-Fi capable, along with 50 percent of all personal digital assistants (PDAs) by 2006. They expect these factors to drive up the number of paying hot spot customers to 5.5 million in 2006 from an estimated 24,000 last year.

More research from International Data Corp. sees equipment revenues for public access Wi-Fi growing from $127 million last year to $502 million next year as the number of commercial hot spots jumps to 50,000 by 2006 from 3,700 last year.

Industry experts say Wi-Fi costs will eventually be bundled with other Internet services. Currently, Deutsche Telekom (DT: news, chart, profile) subsidiary T-Mobile is a big provider with rates starting at $29.95 a month, along with more than 2,000 hot spots in Starbucks coffee shops.

Kevin Werbach, a consultant and commentator, spent four years at the Federal Communications Commission working on technology policy issues and later edited the newsletter Release 1.0. He told Barron`s that he worries about the high hopes the technology world has for Wi-Fi.

"It bothers me and frightens me when the entire American economy is looking to one very modest new technology to save it," said Werback. "That`s not a very good thing. 802.11 is a modest technology; it`s wireless Ethernet, that`s all it is. It`s not a panacea."

But John Patrick, a consultant and author who was IBM`s chief Internet guru until a year ago told Barron`s that Wi-Fi is paralleling where the Internet was 10 years ago.

"The questions people have about Wi-Fi now are the same ones we had in `93 and `94 about the Internet," he said. "Skeptics say it doesn`t scale, it`s not secure, it`s not industrial strength. It`s the same things people said about the Internet. But there`s no stopping Wi-Fi. It`s a grassroots technology, totally distributed, standards based, global, with nobody in charge. Those are the reasons the Internet has flourished. And the implications are huge."

[feeli]

und Proxim ?

Meine WLAN-Aktie ist Proxim

[panik]

Fujitsu Siemens Computers Selects Intersil`s PRISM GT Chip Set for Its CONNECT2AIR 802.11g Wireless LAN Products
Tuesday April 29, 8:01 am ET
Fujitsu Siemens Computers` New 802.11g Router Uses Intersil`s Innovative WiSOC AP Design and PRISM Nitro(TM) Technology That Increases Performance in Mixed 802.11b and 802.11g Wireless Networks


MILPITAS, Calif.--(BUSINESS WIRE)--April 29, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that Fujitsu Siemens Computers, the leading European computer company, has selected Intersil`s PRISM GT(TM) Wireless Local Area Networking (WLAN) chip set to provide connectivity for its new 802.11g CONNECT2AIR wireless router and PC card.
ADVERTISEMENT


Fujitsu Siemens Computers chose Intersil`s innovative ISL3893 Wireless System-on-a-Chip (WiSOC) to design the new CONNECT2AIR wireless router. The ISL3893 is the world`s most highly integrated AP chip solution that provides both WLAN and Ethernet functionality for PRISM GT-based (802.11g draft standard 8.1) access point (AP) or router designs. The ISL3893 WiSOC eliminates the need for a separate network processor, allowing Intersil to offer Fujitsu Siemens Computers the lowest total bill of materials in the industry for a router design.

"The Fujitsu Siemens Computers CONNECT2AIR wireless router and PC card are ideally suited for providing 802.11g connectivity throughout the Small Office/Home Office (SOHO) and home. The CONNECT2AIR wireless router delivers true OFDM-based performance while providing seamless backwards compatibility with 802.11b products," said Peter Esser, executive vice president, Volume Products and Supply Operations of Fujitsu Siemens Computers. "Intersil`s innovative new WiSOC design enables full protection mechanism support that ensures our new CONNECT2AIR wireless router will provide complete co-existence and optimal performance when operating in the presence of legacy 802.11b equipment."

Designed to the 802.11g Draft Standard (7.1), the CONNECT2AIR wireless router and PC card offer customers speeds up to five times faster than currently deployed 802.11b WLAN products. Fujitsu Siemens Computers CONNECT2AIR 802.11g products are fully interoperable with the existing installed base of over 40 million 802.11b systems worldwide. Since both 802.11g and 802.11b standards are built in, the user can protect their investment in existing 802.11b infrastructure, and migrate network clients to the very fast 802.11g standard.

"Intersil believes we have developed the most highly integrated and best performing 802.11g WLAN solution on the market today," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group. In addition to our highly integrated BBP/MAC and sophisticated ZIF technology, we have incorporated PRISM Nitro(TM) technology, included with the PRISM SingleSource(TM) Driver suite, and the WLAN industry`s first and most comprehensive WPA security software solution. Intersil is very excited that Fujitsu Siemens Computers has selected our PRISM GT solution for their innovative new wireless router and PC card designs."

Intersil`s PRISM Nitro technology is a firmware feature that is now part of Intersil`s SingleSource Driver suite. The PRISM SingleSource Driver is a comprehensive driver package that supports all PRISM® chip set solutions (PRISM 3, PRISM GT and PRISM Duette(TM) client and AP solutions). PRISM Nitro is different from other solutions because it is not a proprietary solution and doesn`t require a specific combination of clients and access points. PRISM Nitro is designed to work with any 802.11g draft compliant solution, as well as the existing installed base of 802.11b systems.

About Fujitsu Siemens Computers

Fujitsu Siemens Computers is the leading European computer company. Serving the needs of large corporations, small- to medium-sized enterprises and consumers, the company operates in all key markets across Europe, the Middle East and Africa. It offers a unique choice of world-class computer technology and innovative IT infrastructure solutions. Embedded in a global cooperation, Fujitsu Siemens Computers takes advantage of the strengths and the innovative power of its parent companies Fujitsu Limited and Siemens AG.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com.

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

PRISM is a registered trademark and PRISM GT, PRISM Duette, PRISM Nitro and PRISM SingleSource are trademarks of Intersil Americas Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[proxim]

[panik]

WLAN Industry Leaders Integrating Intersil`s PRISM GT Chip Set with PRISM Nitro Technology into Innovative 802.11g Wireless LAN Solutions
Wednesday June 11, 8:38 am ET


MILPITAS, Calif.--(BUSINESS WIRE)--June 11, 2003--Intersil Corporation (Nasdaq:ISIL - News):
PRISM Nitro(TM) Technology Dramatically Increases 802.11g Throughput by Up to 50%
PRISM GT(TM) Chip Set Outclasses the Competition with Up to 75% Better Power Management
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today that Corega, D-Link Systems Inc., Fujitsu Siemens Computers, I/O DATA, Linksys, NETGEAR, Inc., and SMC Networks are developing innovative new 802.11g draft-compliant products using Intersil`s second generation PRISM GT chip set with PRISM Nitro technology. The new advanced PRISM GT chip set solution incorporates Intersil`s SingleSource(TM) Driver Suite with PRISM Nitro technology, integrates Intersil`s new power management solution that far exceeds all 802.11g WLAN competitors in head-to-head comparative testing, and provides the industries most comprehensive security suite that will allow customers to seek Wi-Fi Protected Access(TM) (WPA) certification for all PRISM GT-based products.

"Our customers are designing innovative new 802.11g products with PRISM Nitro which delivers up to a 3x improvement in throughput for 802.11g clients operating in mixed-mode wireless networks and up to 50% greater throughput performance in 802.11g only networks," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group. PRISM GT is offering our customers a reduced total bill of materials and industry leading features, and performance make it the ideal for their 802.11g solutions."

PRISM Nitro technology uses packet bursting and enhanced protection mechanisms to significantly increase PRISM GT`s 802.11g-only and mixed-mode (802.11b and 802.11g) performance while remaining fully standards compliant. PRISM GT together with PRISM Nitro technology delivers the full bandwidth of 54 Mbps, with enhanced throughput for bandwidth intensive applications like video, yet ensures full backwards compatibility with 802.11b devices, and full interoperability with other 802.11g standards-compliant brands.

Intersil`s PRISM GT chip set is fully compliant with the 802.11g Draft Standard, which moved closer to final approval by the Institute of Electrical and Electronics Engineers` (IEEE) at the meeting held in Dallas, TX recently. Final approval is expected early this month.

PRISM GT beats the competition with up to 75% better power consumption

"Our new PRISM GT power management technology achieved the lowest standby current, receive current and average idle current in direct testing against our competitor`s 802.11g solutions," added Ciaccia. "PRISM GT`s Power Save Mode achieved both the lowest average idle and active currents -- beating the competition by up to 75% and PRISM GT`s receive mode current was also up to 35% lower than competitive solutions. These factors enable PRISM GT to consume significantly lower power than competitive solutions over a wide range of user activity." This spells longer battery life for users of notebook PC`s equipped with PRISM GT.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets -- flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com .

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

PRISM GT, PRISM Nitro and SingleSource are trademarks of Intersil Americas Inc.

Wi-Fi Protected Access is a trademark of the Wi-Fi Alliance

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

3Com Selects Intersil`s PRISM GT Chip Set for its New OfficeConnect Wireless 11G Solution
Wednesday June 18, 8:00 am ET


MILPITAS, Calif.--(BUSINESS WIRE)--June 18, 2003--Intersil Corporation (Nasdaq:ISIL - News):
3Com`s new 802.11g access point, gateway and PC card use Intersil`s ingenious WiSOC AP design
Intersil`s PRISM Nitro(TM) technology increases performance 3x in mixed 802.11b & g WLANs
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced that 3Com Corporation (Nasdaq:COMS - News), has selected Intersil`s PRISM GT(TM) Wireless Local Area Networking (WLAN) chip set for their new 3Com® OfficeConnect® Wireless 11g solution consisting of an access point (AP), gateway and PC card. The OfficeConnect Wireless AP and gateway are designed with Intersil`s Wireless System-on-a-Chip (WiSOC(TM)). The ISL3893 WiSOC is the world`s most highly integrated AP chip solution that eliminates the need for a separate network processor. This enables Intersil to offer the industry`s lowest total bill of materials for an AP or gateway design.

3Com`s new OfficeConnect Wireless 11g solution of PRISM GT-based products are among the world`s first wireless products to ship fully compliant with the new 802.11g industry standard -- enabling increased security, faster speeds and greater distance. 3Com`s 802.11g products incorporate PRISM Nitro(TM)and the PRISM SingleSource(TM) Driver suite, the WLAN industry`s leading implementation of IEEE approved protection mechanism technology, and the WLAN industry`s first and most comprehensive security software solution. Intersil`s new security solution enables 3Com to seek Wi-Fi Protected Access(TM) (WPA) certification for all its PRISM GT-based products.

"In order to offer the industry the best possible product solutions ahead of the competition, you need to form tight synergies with best-in-class partners. 3Com and Intersil have combined forces to merge 3Com`s enterprise-class standards, yielding a true plug-and-play, cost-effective solution with Intersil`s PRISM GT chip set, offering superior throughput performance and industry leading security features such as WPA," said Robert Winch, 3Com`s director, responsible for OfficeConnect solutions.

PRISM Nitro technology is a firmware upgrade that is part of Intersil`s SingleSource Driver suite. The SingleSource Driver is a comprehensive driver package that supports all PRISM® WLAN solutions (PRISM 3, PRISM GT and PRISM Duette(TM) client and AP solutions). PRISM Nitro is different from other solutions because it is not a proprietary solution and doesn`t require a specific combination of clients and access points. PRISM Nitro is designed to work with any 802.11g-compliant solution, as well as the existing installed base of 802.11b systems.

"Intersil`s PRISM GT WLAN solution is the first chip set to fully support protection mechanisms as required by the newly approved 802.11g Standard. This provides 3Com with proven reliability, excellent range, best-in-class throughput and the industry`s first complete security software solution for their new 802.11g access point, gateway and PC card," said Larry Ciaccia, vice president and general manager of Intersil`s Wireless Networking Product Group. "3Com`s new suite of wireless OfficeConnect products are designed to fully support the 802.11g standard while delivering the same throughput of 802.11a at over twice the range, and over five times the throughput of 802.11b products."

About 3Com

3Com is a tier-one provider of innovative, practical and high-value voice and data networking products, services and solutions for enterprises of all sizes and public sector organizations. For further information, please visit http://www.3com.com, http://www.3com.com/government or the 3Com press site located at http://www.3com.com/pressbox.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

PRISM is a registered trademark and PRISM GT, PRISM Duette, PRISM Nitro, SingleSource and WiSOC are trademarks of Intersil Americas Inc.

3Com, the 3Com logo and OfficeConnect are registered trademarks of 3Com Corporation.

Wi-Fi Protected Access is a trademark of the Wi-Fi Alliance.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Ron Paciello, 321/724-7184
E-mail: [e-mail]
or
Ketchum
Kevin Oates, 310/584-8331
E-mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil`s Advanced CPU Core Regulator Powers Intel`s Latest 3-GHz Mobile Pentium 4 Processor for Transportable Notebook PCs
Thursday June 19, 8:00 am ET
Endura ICs Provide Advanced Mobile Power Management That Supports Enhanced Intel SpeedStep Technology, Deep Sleep and Deeper Sleep CPU Modes for the Newest Generation of Intel Mobile Processors


MILPITAS, Calif.--(BUSINESS WIRE)--June 19, 2003-- Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today announced the ISL6247, a multiphase synchronous buck PWM controller with 6-bit VID input optimized for Mobile Intel® Pentium® 4 processors on 852PM and GME chip-set platforms. These advanced CPUs and chip sets, combined with this new Intersil Endura(TM) power management solution bring high performance and extended battery life to new transportable notebook PCs running at speeds up to 3.06 GHz. The ISL6247 two- to four-phase controller combined with the ISL6207 MOSFET driver ICs provide a CPU power solution that offers the industry`s highest performance-to-price ratio and supports Enhanced Intel® SpeedStep® technology, Deep Sleep and Deeper Sleep modes.
ADVERTISEMENT


"Intersil`s new Endura ISL6247 PWM controller and ISL6207 MOSFET driver ICs provide an advanced CPU power solution that has already earned wide market acceptance," said Rick Furtney, vice president and general manager of Intersil`s High Performance Analog Product Group. "What we offer to our customers with this solution is design flexibility, simplicity, highest accuracy, smallest size, lowest BOM and the industry`s highest performance to price ratio. To the mobile PC end-user, this translates into lower cost, higher reliability, longer battery life and optimal performance."

The ISL6247 utilizes smart voltage regulation technology to support the Mobile Intel Pentium 4 processor`s Active, Deep Sleep, and Deeper Sleep modes. This new PWM IC includes a 6-bit digital-to-analog converter that enables dynamic adjustment of core voltage ranging from 0.8375 V to 1.6 V in 12.5-mV steps. The ISL6247 includes a thermal monitor, which sends a signal to the microprocessor to reduce the load before power system components exceed their maximum thermal limits. ISL6207 MOSFET drivers are used to complete the power solution. These high-voltage MOSFET drivers are optimized to drive both upper and lower N-Channel power MOSFETS at each phase in this synchronous-rectified buck converter topology.

The ISL6247 supports loss-less DCR, precision resistive, or low-cost loss-less Rds(on) current sensing methods. It also provides a selectable channel switching frequency ranging from 200 kHz to 1 MHz. This provides flexibility in managing the balance between high-speed response, target efficiency, and good thermal management. An integrated thermal sensor adds valuable protection and further reduces the overall power solution cost. Solution voltage accuracy is the industry`s best at +/-0.6% guaranteed over temperature. In the near-chip-scale 40-pad 6 X 6 mm Quad Flat No-lead (QFN) package, the ISL6247 is the smallest in the industry for this market and application. Its size, thermal efficiency and power efficiency make it ideal for any popular form factor.

ISL6247 Features Summary

Industry`s smallest PWM controller for Mobile Intel Pentium 4 processors on 852PM and GME chip-set platforms
Two- to four-phase synchronous-buck PWM controller offers design flexibility
40-pad 6 X 6 mm QFN package offers reduced space and enhanced thermal efficiencies
Industries tightest system accuracy guaranteed to +/-0.6%, reduces output capacitors
Selectable switching frequency of 200 kHz to 1 MHz per phase enables performance optimization and the use of small capacitors and inductors at higher frequencies
6-bit VID code offers 12.5-mV steps ranging from 0.8375 V to 1.6 V
Dynamic VID code change during operation in compliance with Intel specifications
Solution converts from a 5- to 28-V source voltage (use ISL6207 MOSFET drivers)
Support of Enhanced Intel SpeedStep technology along with Deep and Deeper Sleep modes for Mobile Intel Pentium 4 processors
Differential Remote Current Balancing for accurate load sharing
Channel by channel over-current, over-voltage and under-voltage monitoring and protection
Supports all current sensing methods: loss-less DCR, precision resistive and low-cost Rds(on) for design flexibility and preference
On-chip thermal monitor
Lower FET Rds(on) sensing results in lowest BOM cost and simple cut-and-paste designs for reduced time to market
Feed-forward circuitry
ISL6247CRZ version is lead-free in support of environmental enhancement programs
Industry-leading technical support
ISL6247 Availability and Pricing

The ISL6247CR and ISL6247CRZ (lead-free) are available now. Pricing, for thousand unit quantities, is $5.00 for the ISL6247CR and $5.50 for the ISL6247CRZ. Both ICs are available on tape and reel. The ISL6247EVAL evaluation platform is also available now. For further information on this or other Intersil products for portable PCs, visit Intersil`s Notebook Power Management Web site at: http://www.intersil.com/design/powermanagement/pwrmanagement.asp" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/design/powermanagement/pwrmanagement.asp

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

Endura is a trademark of Intersil Americas Inc.

Intel, Pentium and SpeedStep are registered trademarks of Intel Corporation.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil, Palm Bay, Fla.
Mark E. Hazen, 321/729-4646
E-Mail: [e-mail]
or
Ketchum
Henry Seifried, 412/456-3761
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil Corporation Announces Second Quarter 2003 Financial Results
Wednesday July 23, 4:17 pm ET


MILPITAS, Calif.--(BUSINESS WIRE)--July 23, 2003--Intersil Corporation (Nasdaq:ISIL - News):
Exceeds revenue guidance; reports revenue growth across all Product Groups
Achieves high end of earnings per share guidance
Plans to introduce over 250 analog products in 2003
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog and wireless networking solutions, today reported financial results for the second quarter ended July 4, 2003. On a generally accepted accounting principles (GAAP) basis, net revenue was $125.5 million, an increase of 9% from the first quarter of 2003. This excludes revenue from our discontinued Wireless Networking Product Group. GAAP net income from continuing operations was $17.5 million or $.12 per diluted share. Intersil announced last week a definitive agreement to sell its Wireless Networking Product Group to GlobespanVirata, Inc.

To supplement the consolidated financial statements presented in accordance with GAAP, Intersil provides additional non-GAAP revenue and earnings information. The non-GAAP information is presented as adjusted revenue and adjusted earnings per share throughout this press release. This presentation is not in accordance with, or an alternative for, GAAP and may not be consistent with the presentation used by other companies. However, management believes it is a more accurate representation of its quarterly on-going operating performance and has therefore chosen to provide this information to investors for a more consistent basis of comparison. Intersil also uses this non-GAAP information internally to evaluate and manage the company`s operations.

Intersil provided second quarter guidance on April 23, 2003 including its Wireless Networking Product Group. To be consistent with this guidance, Intersil is reporting adjusted revenue for the second quarter including the Wireless Networking Product Group. On this basis, adjusted revenue was $182.1 million, representing an increase of 11% from the previous quarter and a 4% increase from the same quarter a year ago. Excluding amortization of intangibles and a gain and a loss on equity investments, adjusted net income for the second quarter was $22.1 million or $0.16 per diluted share of common stock. This compares to adjusted net income of $18.3 million or $0.13 per diluted share for the first quarter of 2003.

"We are very pleased with our sequential revenue growth of 11% in the current environment. All of our product groups grew during the second quarter -- the result of our strong product portfolio and leading market positions," said Rich Beyer, Intersil`s President and CEO. "Our Power Management Product Group again reached a record revenue level this quarter. We feel that our new products and design win successes across all product groups will support continued sequential growth for the remainder of the year.

"Intersil`s gross margins decreased slightly to 51.4% during the second quarter, due primarily to increasing price pressure within Wireless Networking and our higher mix of desktop power management revenue in the quarter. Our Elantec Product Group reached a record gross margin level during this period and we continue to believe that we`re well positioned for future margin expansion as a pure high performance analog company," added Beyer. "The company generated approximately $14 million in cash flow from operations and exited the quarter with a very strong cash and liquid investments position of over $630 million."

Results by Product Group

Revenue for Intersil`s Power Management products reached a record $63.6 million during the second quarter, an increase of 17% from the previous quarter and 45% from the second quarter of 2002. Intersil achieved sales growth in all market segments of power management during the quarter. Intersil achieved double-digit sequential sales growth in desktop power management during a quarter in which the desktop motherboard market declined more than 10%. Intersil also continues to experience strong demand for its notebook and peripheral power solutions for DDR memory and graphics cards. To help keep pace with customer demand for its high-running Endura(TM) power ICs, Intersil announced during the quarter that it has added duplicate foundry capacity with AMI Semiconductor.

Elantec® product sales increased 11% sequentially and 2% over the second quarter of 2002 to $30.1 million. Revenue growth for the Elantec Product Group was driven by customer demand for laser diode drivers for DVD recordables, which doubled in revenue over the previous quarter, and LCD video products. As the world`s leading supplier of laser diode drivers, Intersil continues to benefit from the growing attach rates of DVD recordable drives in PCs and the integration of DVD recording technology in a variety of new applications. During the quarter, Intersil introduced its first products in a new family of high performance operational amplifiers that it will expand throughout 2003. These new general purpose op amps serve a broad range of markets and lay a foundation for future growth of the Elantec Product Group.

Intersil`s Standard Analog revenue increased 1% sequentially and decreased 10% from the same quarter of 2002 to $30.2 million. Intersil added several products to its Standard Analog portfolio during the quarter including new high performance, low voltage analog switches that feature best-in-class ON-resistance. The company is also winning new designs and ramping up production on its new LINEARLINK(TM) family of RS-485/RS-422 data transceivers that combine superior performance with longer reach and higher data integrity.

Intersil`s Wireless Networking sales increased 14% from the previous quarter and decreased 2% from the second quarter of 2002 to $58.2 million. Intersil continued to experience strong demand for its 54 Megabit per second (Mbps) PRISM® GT chip set throughout the quarter, tripling its 802.11g shipments from the first quarter to the second quarter of 2003. The company also announced that it has begun sampling its new PRISM WorldRadio(TM), enabling WLAN users to establish a wireless network connection throughout the world with any standards-compliant wireless 802.11 infrastructure they encounter, including existing and proposed 802.11 standards.

Recent Events and Business Outlook

On July 15, Intersil announced that it had entered into a definitive agreement to sell its Wireless Networking Product Group to GlobespanVirata, Inc. for approximately $365 million in cash and stock. Following regulatory approval, Intersil anticipates finalizing the sale prior to the end of the third quarter of 2003 and expects to report a gain on the transaction. Under terms of the agreement, Intersil will receive $250 million in cash and approximately $115 million in GlobespanVirata stock. Intersil will also retain certain working capital, resulting in approximately $20 million of additional cash to be collected by the company after the transaction is completed.

Excluding the Wireless Networking Product Group in the second quarter, Intersil achieved sales of $125.5 million. Adjusted earnings per share, excluding the Wireless Networking Product Group, amortization of intangibles and a gain and a loss on equity investments, was $0.14. The restated historical income statement, excluding results of the Wireless Networking Product Group, is provided with the attached financial schedules. As announced on July 15, Intersil will now report its adjusted results on this continuing product group basis.

Looking ahead to the third quarter of 2003, Beyer said, "Based on the continued strength of our Power Management and Elantec Product Groups, we expect revenue from continuing operations to grow 3 to 5% from the second quarter to approximately $128 million to $132 million. We anticipate achieving gross margins of 56 to 57% and adjusted earnings per share of approximately $0.15."

"The recent expansion in all of our product areas is encouraging and we expect continued growth in the second half of the year. We believe this illustrates the breadth of our product portfolio across a wide variety of applications. In 2003, Intersil will introduce over 250 new analog products, expanding our broad-based portfolio faster than ever before," concluded Beyer. "We`re confident that our growth strategy, combined with our attractive and improving analog gross and operating margins, will result in a powerful, long term business model that will continue to increase our profitability and enhance shareholder value."

Investors and interested parties within the United States may listen to Intersil`s conference call today at 4:30 p.m. Eastern/1:30 p.m. Pacific by dialing [phone] and providing the operator with the pass code Intersil. International callers may connect to the call by dialing [phone]. A replay of Intersil`s conference call will be available for one week beginning on July 23 at 8:00 p.m. Eastern/5:00 p.m. Pacific by calling [phone] in the U.S. or [phone] Internationally. Confirmation code for the replay is Intersil. A live webcast will also be available on Intersil`s Investor Relations homepage at http://www.intersil.com/investor" target="_blank" rel="nofollow ugc noopener">http://www.intersil.com/investor and a replay will be available until July 30, 2003.

About Intersil

Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil`s product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: http://www.intersil.com

Intersil Corporation
Table 1: Statements of Income
(In millions, except per share amounts)

Three Months Six Months
Ended Ended
--------------- ---------------
July 4, June 28, July 4, June 28,
2003 2002 2003 2002
Revenue
Product sales $125.5 $ 87.4 $241.1 $175.6
Costs and expenses
Cost of product sales 54.9 43.0 104.3 83.6
Research and development 22.9 18.0 43.8 34.2
Selling, general & administrative 22.4 22.7 44.7 41.2
Intangible amortization 5.2 5.0 10.9 6.4
In-process research and development - 53.8 - 53.8
Impairment of long-lived assets - 5.9 - 5.9
Restructuring - 4.7 - 4.7
Severance related expenses - - 1.4 -
------ ------ ------ ------
Operating income (loss) 20.1 (65.7) 36.0 (54.2)
Interest, net (2.0) (2.8) (4.1) (5.5)
Gain on investments 0.6 1.3 0.6 1.3
------ ------ ------ ------
Income (loss) before sale of certain
operations and income taxes 22.7 (61.6) 40.7 (47.4)
Gain on sale of certain operations
disposed of during 2001 - - 1.4 -
------ ------ ------ ------
Income (loss) before discontinued
operations and income taxes 22.7 (61.6) 42.1 (47.4)
Income taxes (benefit) 5.2 (38.7) 10.3 (34.6)
------ ------ ------ ------
Net income (loss) from continuing
operations 17.5 (22.9) 31.8 (12.8)
Discontinued operations (18.3) 4.6 (18.8) 8.3
------ ------ ------ ------
Net income (loss) from continuing
operations $(0.8) $(18.3) $ 13.0 $ (4.5)
====== ====== ====== ======


Basic income (loss) per share
Income (loss) from continuing
operations $ 0.12 $(0.19) $ 0.23 $(0.11)
Discontinued operations (0.13) 0.04 (0.14) 0.07
------ ------ ------ ------
Net income (loss) per share $(0.01) $(0.15) $ 0.09 $(0.04)
====== ====== ====== ======

Diluted income (loss) per share
Income (loss) from continuing
operations $ 0.12 $(0.19) $ 0.22 $(0.11)
Discontinued operations (0.13) 0.04 (0.13) 0.07
------ ------ ------ ------
Net income (loss) per share $(0.01) $(0.15) $ 0.09 $(0.04)
====== ====== ====== ======

Weighted average shares
Basic 136.9 121.6 136.9 114.3
Diluted 141.2 121.6 141.0 114.3

Discontinued Operations
-----------------------
Operating income 2.2 10.4 1.3 16.1
Impairment on investments (10.0) (3.0) (10.0) (3.0)
Tax provision (10.5) (2.8) (10.1) (4.8)
------ ------ ------ ------
Income from discontinued
operations (18.3) 4.6 (18.8) 8.3
====== ====== ====== ======



Intersil Corporation
Table 2: Financial Summary Including Wireless (Adjusted)
(In millions, except per share amounts and percentages)

Three Months Six Months
Ended Ended
--------------- ---------------
July 4, June 28, July 4, June 28,
2003 2002 2003 2002

Analog $125.5 $109.2 $238.9 $210.6
Wireless 56.6 56.9 105.4 102.9
Automotive - 9.4 2.2 21.5
------ ------ ------ ------
Total Revenue 182.1 175.5 346.5 335.0

Gross Margin 93.6 94.3 180.6 178.9
% of Sales 51% 54% 52% 53%

R&D 36.6 33.8 72.4 66.7
SG&A 28.8 31.1 57.0 59.9

Operating Income 28.2 29.4 51.2 52.3
% of Sales 15% 17% 15% 16%

Interest, net (2.0) (3.5) (4.1) (6.0)

Pretax Income 30.2 32.9 55.3 58.3

Net Income $ 22.1 $ 23.0 $ 40.4 $ 40.8
% of Sales 12% 13% 12% 12%


Earnings Per Share
Basic $ 0.16 $ 0.17 $ 0.29 $ 0.30
Diluted $ 0.16 $ 0.16 $ 0.29 $ 0.29

Weighted Average Shares
Basic 136.9 136.6 136.9 136.5
Diluted 141.2 141.8 141.0 141.7


NOTE: This financial summary excludes amortization of intangibles
and other items highlighted in Table 5. This financial summary
includes Elantec for all periods and Wireless as if it were a
continuing operation.



Intersil Corporation
Table 3: Financial Summary For Continuing Operations (Adjusted)
(In millions, except per share amounts and percentages)

Three Months Six Months
Ended Ended
---------------- ----------------
July 4, June 28, July 4, June 28,
2003 2002 2003 2002

On-going product groups $125.5 $109.2 $238.9 $210.6
Automotive - 9.4 2.2 21.5
------ ------ ------ ------
Total Revenue 125.5 118.6 241.1 232.1

Gross Margin 70.6 63.4 136.8 124.4
% of Sales 56% 53% 57% 54%

R&D 22.9 20.6 43.8 41.8
SG&A 22.4 25.5 44.7 49.0

Operating Income 25.3 17.3 48.3 33.6
% of Sales 20% 15% 20% 14%

Interest, net (2.0) (3.5) (4.1) (6.0)

Pretax Income 27.3 20.8 52.4 39.6

Net Income $ 20.1 $ 15.2 $ 38.0 $ 28.7
% of Sales 16% 13% 16% 12%


Earnings Per Share
Basic $ 0.15 $ 0.11 $ 0.28 $ 0.21
Diluted $ 0.14 $ 0.11 $ 0.27 $ 0.20

Weighted Average Shares
Basic 136.9 136.6 136.9 136.5
Diluted 141.2 141.8 141.0 141.7


NOTE: This financial summary excludes amortization of intangibles
and other items highlighted in Table 6. This financial summary
includes Elantec for all periods.



Intersil Corporation
Table 4: Balance Sheets
(In millions)


July 4, Jan. 3,
2003 2003
Assets
Current Assets
Cash & short-term investments $ 552.6 $ 623.6
Trade receivables, net 97.2 93.9
Inventories 70.5 61.0
Prepaid expenses and other current assets 8.9 8.6
Assets held for sale 254.0 251.9
Deferred income taxes 39.9 29.4
-------- --------
Total Current Assets 1,023.1 1,068.4
Other Assets
Property, plant & equipment, net 159.2 144.0
Intangibles, net 1,107.3 1,111.7
Deferred income taxes 0.9 15.6
Held-to-maturity investments 80.0 -
Other 37.2 28.8
-------- --------
Total Other Assets 1,384.6 1,300.1
-------- --------
Total Assets $2,407.7 $2,368.5
======== ========

Liabilities and Shareholders` Equity
Current Liabilities
Trade account payables $ 43.7 $ 37.5
Income taxes payable 36.8 24.4
Deferred revenue 12.9 12.1
Liabilities held for sale 25.2 15.7
Other accrued items 63.3 76.1
-------- --------
Total Current Liabilities 181.9 165.8

Total Shareholders` Equity 2,225.8 2,202.7
-------- --------
Total Liabilities and Shareholders` Equity $2,407.7 $2,368.5
======== ========


Intersil Corporation
Table 5: Financial Reconciliation
(Including Wireless Operating Results)
(In millions, except per share amounts)

Adjustments to reconcile reported net
income to adjusted net income:

Three Months Six Months
Ended Ended
---------------- ----------------
July 4, June 28, July 4, June 28,
2003 2002 2003 2002

Net income (loss) on GAAP basis $(0.8) $(18.3) $13.0 $(4.5)

a) Amortization of acquisition-
related intangibles 5.2 5.0 10.9 6.4
b) Severance related expenses - - 1.4 -
c) Gain on sale of certain
operations disposed of during
2001 - - (1.4) -
d) Income for Elantec prior to
acquisition(1) - 4.1 - 8.4
e) Interest impact on cash used
in acquisition - - - (1.0)
f) Impairment of long-lived
assets - 5.9 - 5.9
g) Restructuring - 4.7 - 4.7
h) In-process research and
development - 53.8 - 53.8
i) Margin from change in
distributor revenue
recognition - 10.1 - 10.1
j) Loss (gain) on investments (0.6) (1.3) (0.6) (1.3)
k) One-time expenses included
in discontinued operations(2) 10.7 4.7 11.6 5.6
l) Associated tax effects 7.6 (45.7) 5.5 (47.3)
------- ------- ------- -------

Adjusted net income $22.1 $23.0 $40.4 $40.8
======= ======= ======= =======

Diluted adjusted earnings per
share $0.16 $0.16 $0.29 $0.29
======= ======= ======= =======

Diluted weighted average common
shares outstanding 141.2 141.8 141.0 141.7
======= ======= ======= =======

(1) Income from Elantec includes $16.5 million and $41.8 million
in revenue, $7.6 million and $19.5 million in cost of sales, $2.6
million and $7.6 million in R&D, $2.8 million and $7.8 million in SG&A
and $0.6 million and $1.5 million in interest income for the three
months and six months ended June 28, 2002, respectively.

(2) The three months ended July 4, 2003 includes $0.7 million of
intangible amortization and $10.0 million loss on investments. The
three months ended June 28, 2002 includes $0.8 million of intangible
amortization, $0.3 million impairments, $0.6 million in restructuring
and $3.0 million loss on investments. The six months ended July 4,
2003 includes $1.4 million of intangible amortization, $0.2 million
severance and $10.0 million loss on investments. The six months ended
June 28, 2002 includes $1.7 million of intangible amortization, $0.3
million impairments, $0.6 million in restructuring and $3.0 million
loss on investments.

Adjustments to reconcile reported revenue to adjusted revenue:

Revenue $125.5 $87.4 $241.1 $175.6
Wireless LAN revenue 56.6 56.9 105.4 102.9
Change in distributor revenue
estimate - 14.7 - 14.7
Revenue for Elantec prior to
acquisition - 16.5 - 41.8
------- ------- ------- -------

Adjusted Revenue $182.1 $175.5 $346.5 $335.0
======= ======= ======= =======



Intersil Corporation
Table 6:
Financial Reconciliation (Excluding Wireless Operating Results)
(In millions, except per share amounts)

Adjustments to reconcile reported net income to adjusted net income:

Three Months Six Months
Ended Ended
---------------- -----------------
July 4, June 28, July 4, June 28,
2003 2002 2003 2002

Net income (loss) on GAAP basis $(0.8) $(18.3) $13.0 $(4.5)

a) Amortization of acquisition-
related intangibles 5.2 5.0 10.9 6.4

b) Severance related expenses - - 1.4 -

c) Gain on sale of certain
operations disposed of during 2001 - - (1.4) -

d) Income for Elantec prior to
acquisition(1) - 4.1 - 8.4

e) Interest impact on cash used in
acquisition - - - (1.0)

f) Impairment of long-lived assets - 5.9 - 5.9

g) Restructuring - 4.7 - 4.7

h) In-process research and
development - 53.8 - 53.8

i) Margin from change in distributor
revenue recognition - 10.1 - 10.1

j) Loss (gain) on investments (0.6) (1.3) (0.6) (1.3)

k) Wireless loss on investments
included in discontinued operations 10.0 3.0 10.0 3.0

l) Wireless operating (income) (2.2) (10.4) (1.3) (16.1)

m) Associated tax effects 8.5 (41.4) 6.0 (40.7)
------- ------- ------- --------

Adjusted net income $20.1 $15.2 $38.0 $28.7
======= ======= ======= ========

Diluted adjusted earnings per share $0.14 $0.11 $0.27 $0.20
======= ======= ======= ========

Diluted weighted average common
shares outstanding 141.2 141.8 141.0 141.7
======= ======= ======= ========

(1) Income from Elantec includes $16.5 million and $41.8 million
in revenue, $7.6 million and $19.5 million in cost of sales, $2.6
million and $7.6 million in R&D, $2.8 million and $7.8 million in SG&A
and $0.6 million and $1.5 million in interest income for the three
months and six months ended June 28, 2002, respectively.

Adjustments to reconcile reported revenue to
adjusted revenue:

Revenue $125.5 $87.4 $241.1 $175.6

Change in distributor revenue
estimate - 14.7 - 14.7

Revenue for Elantec prior to
acquisition - 16.5 - 41.8
------- ------- ------- --------

Adjusted Revenue $125.5 $118.6 $241.1 $232.1
======= ======= ======= ========



Intersil Corporation
Table 7: Historical Presentation of Continuing Operations (Adjusted)
(In millions, except per share amounts and percentages)

Year Ended Qtr Ended Qtr Ended Qtr Ended
Dec 28, Mar 29, Jun 28, Oct 4,
2001 2002 2002 2002

Power Management $152.5 $43.1 $43.7 $46.9
Elantec 94.7 25.4 29.5 25.0
Standard Analog 162.3 32.9 36.0 35.6
----------- ----------- ---------- ----------
On-going product groups 409.5 101.4 109.2 107.5
Automotive 45.2 12.1 9.4 10.8
----------- ----------- ---------- ----------
Total Revenue 454.7 113.5 118.6 118.3

Gross Margin 234.4 60.9 63.4 66.0
% of Sales 52% 54% 53% 56%

R&D 86.2 21.2 20.6 22.6
SG&A 88.6 23.4 25.5 25.1

Operating Income 59.6 16.3 17.3 18.3
% of Sales 13% 14% 15% 15%

Interest, net (19.4) (2.5) (3.5) (2.8)

Pretax Income 79.0 18.8 20.8 21.1

Net Income $52.9 $13.5 $15.2 $15.7
% of Sales 12% 12% 13% 13%


Earnings Per Share
Basic $0.39 $0.10 $0.11 $0.11
Diluted $0.37 $0.10 $0.11 $0.11

Weighted Average Shares
Basic 135.3 136.5 136.6 136.4
Diluted 141.2 141.7 141.8 140.7



Qtr Ended Year Ended Qtr Ended Qtr Ended
Jan 3, Jan 3, Apr 4, Jul 4,
2002 2003 2003 2003

Power Management $52.6 $186.3 $54.3 $63.6
Elantec 25.5 105.4 27.2 30.1
Standard Analog 32.1 136.6 31.9 31.8
----------- ----------- ---------- ----------
On-going product groups 110.2 428.3 113.4 125.5
Automotive 15.4 47.7 2.2 -
----------- ----------- ---------- ----------
Total Revenue 125.6 476.0 115.6 125.5

Gross Margin 70.8 261.1 66.3 70.6
% of Sales 56% 55% 57% 56%

R&D 21.2 85.6 20.9 22.9
SG&A 23.3 97.3 22.4 22.4

Operating Income 26.3 78.2 23.0 25.3
% of Sales 21% 16% 20% 20%

Interest, net (3.1) (11.9) (2.1) (2.0)

Pretax Income 29.4 90.1 25.1 27.3

Net Income $22.1 $66.5 $17.9 $20.1
% of Sales 18% 14% 15% 16%


Earnings Per Share
Basic $0.16 $0.49 $0.13 $0.15
Diluted $0.16 $0.47 $0.13 $0.14

Weighted Average Shares
Basic 136.6 136.5 136.6 136.9
Diluted 140.5 141.2 140.2 141.2

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

PRISM is a registered trademark and Endura, LINEARLINK and WorldRadio are trademarks of Intersil Americas, Inc

Elantec is a registered trademark of Intersil Corporation or one of its subsidiaries.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil Investor Relations, Palm Bay, Fla.
Meghan Dalton, 321/729-5738
E-Mail: [e-mail]
or
Intersil Public Relations
Brent Dietz, 321/729-5973
E-Mail: [e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Reuters
UPADTE 1-Intersil cutting staff as it closes unit sale
Thursday August 28, 4:32 pm ET


(Adds detail on job cuts, adds stock price)
SAN FRANCISCO, Aug 28 (Reuters) - Microchip maker Intersil Corp. (NasdaqNM:ISIL - News) said on Thursday it is cutting about 130 jobs, or 8 percent of its staff, in an effort to meet its operating income targets.

The Milpitas, California-based company also said it had completed the sale of its wireless networking business to GlobespanVirata Inc. (NasdaqNM:GSPN - News), a $364 million deal announced in July.

About 300 employees have left Intersil`s wireless unit to go work for GlobespanVirata, said Intersil spokesman John Allen. The approximately 130 job cuts are in addition to the wireless networking staff, Allen said.

Intersil, now primarily a maker of power management microchips, said the job cuts would be completed by the end of the third quarter, and that additional cost cuts will take place over the next several months.

Shares of Intersil rose 15 cents, or less than 1 percent, to close at $28.88 on Nasdaq. In after-hours trading, the shares dipped as low as $28.64.

[panik]

IBM and Intersil Announce Foundry Services Agreement
Thursday September 11, 7:00 am ET
Helps Meet Accelerating Demand for Intersil`s Endura Power ICs for Computing Systems


EAST FISHKILL, NY and MILPITAS, CA--(MARKET WIRE)--Sep 11, 2003 -- IBM Microelectronics and Intersil Corporation (NasdaqNM:ISIL - News) today announced a multi-year foundry services agreement. The companies plan to install Intersil semiconductor process technology in IBM`s Burlington, Vt., chip manufacturing facility. IBM will serve as a second source manufacturer for Intersil`s Endura power management integrated circuits (ICs).
Intersil`s Endura ICs power CPUs, chip sets, memory, graphics, buses and ports for desktop PCs, servers and portable computing appliances. Devices that regulate power and charge batteries in handheld equipment, power systems in broadband gateways and PC peripherals including graphics cards are also part of Intersil`s power management IC portfolio.

IBM plans to reserve capacity for Intersil`s power management IC`s manufactured in Intersil`s P6 process. Over the life of the agreement, however, the parties may extend the agreement to cover additional processes, including potentially jointly developed processes. The agreement marks an expansion of IBM`s foundry services capabilities into power management and other high-performance analog applications. IBM plans to begin manufacturing Intersil`s power management ICs in the first quarter next year.

"We believe that increasingly customers will require deep relationships with their chip manufacturers, to use advanced technologies to create differentiation for their products in the marketplace," said Bernie Meyerson, vice president and chief technologist, IBM Technology Group. "IBM plans to work closely with Intersil to help augment Intersil`s P6 process with some of our own process technologies. This is unique, and takes an amazing amount of technical know-how that only a leader like IBM can deliver."

"We look forward to added manufacturing capacity in our foundry relationship with IBM to help meet the growing demand for Intersil`s Endura power management ICs," said Rick Furtney, vice president and general manager, Intersil`s High Performance Analog Product Group. "This foundry agreement will enable us to offer our customers a second Intersil source for our Endura ICs and build on our leading position in desktop, notebook and peripheral power management. We have tremendous confidence in IBM Microelectronics and believe that the addition of their world-class process development and foundry services will help serve the needs of our global customers well into the future. Customers can be assured that we are now strongly positioned to meet their growth needs because both of our highest-volume wafer fab processes for power management are now dual-sourced."

About IBM Microelectronics

IBM Microelectronics is a key contributor to IBM`s role as the world`s premier information technology supplier. It develops, manufactures and markets state-of-the-art semiconductor and interconnect technologies, products and services. Its superior integrated solutions can be found in many of the world`s best-known electronic brands. IBM is a recognized innovator in the chip industry, having been first with advances like more power-efficient copper wiring in place of aluminum, faster silicon-on-insulator (SOI) and silicon germanium transistors, and improved low-k dielectric insulation between chip wires. These and other innovations have contributed to IBM`s standing as the number one U.S. patent holder for 10 consecutive years. More information about IBM Microelectronics can be found at: http://www.ibm.com/chips.

About Intersil

Intersil Corporation is a leader in the design and manufacture of high performance analog semiconductors. The company`s products address three of the industry`s fastest growing markets -- flat panel displays, optical storage (CD and DVD recordable) and power management. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at: www.intersil.com

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

Endura is a trademark of Intersil Americas Inc. All other trademarks or registered trademarks are property of their respective owners.



Contact:
Scott Sykes
IBM Microelectronics
845-892-5023
[e-mail]
Mark E. Hazen
Intersil
321-729-4646
[e-mail]


--------------------------------------------------------------------------------
Source: IBM

[panik]

Intersil Corporation Declares Dividend and Announces Stock Repurchase Program
Wednesday September 17, 7:50 pm ET


MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 17, 2003--Intersil Corporation (Nasdaq:ISIL - News):
Declares quarterly cash dividend
Announces $100 million stock repurchase program
Confirms third quarter 2003 guidance
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog solutions, today announced two strategic actions that further demonstrate its commitment to increasing shareholder value.

Due to Intersil`s healthy balance sheet and steady financial performance, its board of directors has declared a quarterly cash dividend on its common stock of $0.03 per share. Payment will be made on November 24, 2003 to stockholders of record on November 3, 2003. In addition, the company`s board of directors has authorized a program to repurchase up to $100 million of Intersil stock over the next twelve months. The timing of the buy-back and the exact number of shares purchased will depend on market conditions. As of July 4, 2003, Intersil`s last quarter end, the company had approximately 137 million shares of common stock outstanding.

"We have completed our transition to a pure high performance analog company. With nearly $1 billion in cash on our balance sheet and an operating model that generates significant cash, we are very pleased to provide this return to our shareholders," said Dan Heneghan, vice president and CFO.

The company also announced today that it expects to achieve its third quarter 2003 revenue and adjusted earnings per share guidance established on July 23, 2003. For the third quarter, the company anticipates growing revenue 3-5% to between $129-$132 million and increasing adjusted earnings per share to $0.15.

About Intersil

Intersil Corporation is a leader in the design and manufacture of high performance semiconductors. The company`s products address three of the industry`s fastest growing markets - flat panel displays, optical storage (CD and DVD recordable) and power management. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at http://www.intersil.com.

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.



--------------------------------------------------------------------------------
Contact:
Intersil Corporation, Palm Bay, Fla.
Investor Relations:
Meghan Dalton, 321/729-5738
[e-mail]
or
Public Relations:
John Allen, 321/729-4928
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation

[panik]

Intersil`s New Multiphase Power Controller Offers Industry`s Most Precise Regulation for New AMD Athlon 64 Processors
Wednesday September 24, 8:06 am ET


MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 24, 2003--Intersil Corporation (Nasdaq:ISIL - News):
Industry leading +/- 1 percent system accuracy, near-chip-scale QFN package, loss-less current sensing, 2 to 4 interlaced phases, high-frequency switching, reduced component count
Intersil Corporation (Nasdaq:ISIL - News), a world leader in the design and manufacture of high performance analog solutions, today announced a new multiphase synchronous-buck PWM controller, the Endura(TM) ISL6244. This precision controller has a 5-bit voltage identification (VID) input optimized for new AMD Athlon(TM) 64 processors used in notebook PCs. When combined with Intersil`s MOSFET driver ICs, the ISL6244 provides the industry`s most precise voltage regulation at +/-1 percent. The 32-pad quad flat no-lead (QFN) package, also available lead-free, saves space and offers enhanced thermal efficiency.

The ISL6244 is a two-to-four phase synchronous-buck PWM controller that drives up to four of Intersil`s MOSFET drivers (ISL6206 and ISL6207) to form a precision multiphase DC-DC converter. Active channel-current balancing is achieved using precision loss-less RDS(ON) (lower MOSFET on resistance) current sensing, which also reduces parts count and solution cost. The ISL6244 has a 5-bit VID input used to deliver dynamic, on-the-fly, adjustment of core voltage over the range of 0.80 V to 1.55 V in 25 mV steps.

Voltage and current feedback are actively monitored to detect fault conditions. A power good (PGOOD) output indicates that the controller is operating properly and the output voltage is within a set window, as determined by under-voltage and over-voltage comparators. The controller provides over-current protection by monitoring individual channel current and will shut down if any of the channel currents exceeds a reference current. The ISL6244 also allows selection of channel switching frequency in the range of 80 kHz to 1 MHz.

ISL6244`s Winning Features

Low external component count using loss-less RDS(ON) current sensing
+/-1 percent system voltage accuracy enabled by remote differential voltage sensing
Low input and output ripple currents and reduced filter costs enabled by high-frequency switching of interlaced phases
2 to 4 phases available to power AMD Athlon 64 processors
Selectable switching frequency in the range of 80 kHz to 1 MHz per phase
Over-current, over-voltage and under-voltage protection on each phase
Offset pin provided to allow 0 to 100 mV DAC voltage offset
32-pad 5 X 5 mm QFN package reduces board space and provides enhanced thermal efficiency
ISL6244 Pricing and Availability

The ISL6244CR is available now in both standard and lead-free (ISL6244CR-Z) packages. Price for each IC in 1000 unit quantities on tape and reel is $2.85 for the ISL6244CR and $3.00 for the ISL6244CR-Z. The ISL6244EVAL1 evaluation platform is also available.

About Intersil

Intersil Corporation is a leader in the design and manufacture of high performance semiconductors. The company`s products address three of the industry`s fastest growing markets -- flat panel displays, optical storage (CD and DVD recordable) and power management. For more information about Intersil or to find out how to become a member of our winning team, visit the company`s web site and career page at www.intersil.com.

This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil`s Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil`s SEC filings as updated from time to time, found at http://www.sec.gov.

Endura is a trademark of Intersil Americas Inc.

AMD, the AMD Arrow logo, AMD Opteron, AMD Athlon and combinations thereof, are trademarks of Advanced Micro Devices, Inc.

All other trademarks mentioned are the property of their respective owners.



--------------------------------------------------------------------------------
Contact:
Intersil
Mark E. Hazen, 321-729-4646
[e-mail]
or
Ketchum
Henry Seifried, 412-456-3761
[e-mail]



--------------------------------------------------------------------------------
Source: Intersil Corporation