Applied Micro Circuits Corporation · Sunnyvale, CA United States ·(NASDAQ (GS): AMCC)

Applied Micro Circuits Corporation (AMCC) applies most of its microchip expertise to communications, but does more than a micro business in storage, as well. Customers use AMCC's chips -- which include controllers, host bus adapters, network processors, and switch fabrics -- to control the flow of voice and data transmissions in LANs, WANs, and storage networks. Having shut down its own wafer fabrication plant (or fab), the fabless semiconductor company outsources manufacturing to IBM Microelectronics, TSMC, and UMC. Its top customers include Alcatel-Lucent, Avnet (one-quarter of sales), Cisco, Hitachi, Sanmina-SCI, and Siemens. AMCC gets more than half of its sales outside North America. To read the full description, subscribe now.