Xilinx business update for March Quarter

Xilinx, Inc. (Nasdaq: XLNX) released its business update for the March quarter of fiscal 2004. * March quarter revenues are expected to be up 9% -- 10% sequentially.* Gross margin target remains unchanged at approximately 63%.* Demand for Spartan-3(TM) FPGAs, the industry's only FPGAs shipping on 90nm technology, continues to be strong and sales are on track to exceed $1M for the quarter. No conference calls will be held in conjunction with the business update. Xilinx fourth quarter fiscal 2004 financial results will be released on April 22, 2004.Source: PCBnewsline