Here are some of the more significant points about GNSS
Genesis Microchip's revenues are derived primarily from sales of the Company's semiconductor components into the flat-panel monitor market. For the year ended March 31, 2003, 84% of the Company's revenues came from this market. As a result, the Company derives a substantial portion of its revenues from a limited number of products. For the year ended March 31, 2003, the gm5020 dual-interface product contributed 26% of Genesis Microchip's revenues and the five products contributed 52% of its total revenues.
The Company's sales are also derived from a limited number of customers, with the largest five customers accounting for 55% of total revenues in the fiscal year ended March 31, 2003 (fiscal 2003). For the year ended March 31, 2003, two customers, Samsung Electronics Co. and LG Electronics, Inc. each accounted for more than 10% of total revenues.
Competitors include Micronas AG, Macronix International Co., Ltd., Media Reality Technologies, Inc., Mstar Semiconductor, Inc., Philips Electronics N.V., Pixelworks, Inc., Realtek Semiconductor Corp., Silicon Image, Inc., SmartASIC Inc., ST Microelectronics, Inc., Topro Technology Inc., Trident Microsystems, Inc. and Trumpion Microelectronics, Inc.