Analog Devices, Inc. (NYSE: ADI) defines innovation and excellence in signal
processing. ADIs analog, mixed-signal, and digital signal processing (DSP) integrated
circuits (IC) play a fundamental role in converting, conditioning, and processing real-
world phenomena such as light, sound, temperature, motion, and pressure into electrical
signals to be used in a wide array of electronic equipment.
The Market Trends and ADIs Core Competencies Are Converging
As the digital revolution continues, moving to higher speeds and multimedia and
changing the way we communicate, play, work, and travel, the technology created by ADI
is ever more in demand. Increasingly, ADI is the company behind the most sought after
features in virtually every type of electronic equipment. In todays automobiles,
digital still cameras, LCD and plasma televisions, cellular handsets, medical imaging
devices, and factory automation equipment, ADIs ICs enable continuous connections,
more vibrant pictures, clearer sound, and increased portability. ADIs core analog and
DSP technology is quite literally everywhere.
ADIs Unique Value to Customers
Dedication to our customers has become synonymous with the name Analog Devices. At ADI,
we believe that our people are not only our greatest asset, but also a great asset for
our customers. Our employees relish the opportunity to delve into and solve challenging
technical problems, and our customers rely on ADIs exceptional engineering talent as
they design and produce their own products. ADIs engineers continually push the
technological edge, adding to and supporting our diverse product portfolio to meet our
customers broad spectrum of high-performance signal processing needs. We also innovate
to reduce our customers overall system costs. We define innovation as a solution that
helps make our customers products successful. We commit a significant percent of our
profits to engineering and customer service, to foster the development of signal
processing technology our customers can use to design products that stand out against
competitors, with features that enhance the user experience. The value customers place
on our signal processing innovations is represented in the high profits ADI earns.
These profits are reinvested into engineering and customer service, allowing the cycle
of innovation to continue.
A Distinctive History
Over four decades, our employees, with their insight, tenacity, and competitive spirit,
have built one of the premier technology companies in the world. We continue to deliver
innovative solutions to our customers, which continue to produce profit margins that
are amongst the highest in the industry, averaging 14% net income as a percent of sales
since our founding in 1965. Very few companies can generate such results in any single
year and even fewer can claim such outstanding results over the entire lifespan of the
company.
A Bright Future
Despite our great history, we are confident that the best years for our company lie
before us. We will continue to build upon ADIs traditions of innovation, performance,
and excellence to forge ahead and to conquer new technological frontiers. We invite
each of you, whether you are a shareholder, a customer or one of our talented
employees, to join us on our exciting journey.
Revised May 2007
Analog Devices
Corporate Headquarters
One Technology Way
P. O. Box 9106
Norwood, MA 02062-9106
(781) 329-4700 / 1-800-262-5643
www.analog.com |
