MANHASSET, N.Y. Coming off a strong quarter but facing a slow quarter, National Semiconductor Corp. said it would give its 8,500-employee workforce a 30-gigabyte video iPod.
National (Santa Clara, Calif.) said the Apple MP3 player will be used as a training and communications tool, providing a convenient real-time method for employees to download National podcasts and other employee communications.
"We're looking for new and more effective ways to communicate with our employees and the iPods will help us do both," said Brian Halla, National's chairman and CEO, in a statement.
National supplies a number of analog ICs used in portable devices such as the iPod, though the company did not specifically state whether any of its chips are used in those products.
In its fourth 2006 fiscal quarter ended May 28, National reported net income of $118.8 million, or 34 cents per share, on revenue of $572.6 million. Sales rose sequentially and year-over-year.
At the same time, however, National issued a lackluster near-term forecast, projecting first fiscal 2007 quarter sales to fall sequentially by 2 to 3 percent, which the company attributes to lower foundry revenue for businesses previously sold.