Exhibit 99.1
![](https://capedge.com/proxy/8-K/0001140361-11-040262/ex99_11.jpg)
1
www.smsc.com
©2009 SMSC. All rights reserved.
Market Update
n Certain markets and customer demand remains challenging
n End customer dependent
n Exacerbated by Japanese crisis inventory build
n Current market observations:
n Automotive healthy
n Commercial PC demand stable
n Slow industrial improvement
n Consumer spending challenging
n SMSC book to bill slightly down
n Book to bill ~1.0
- Quarter-to-date and last 13 weeks