Semtech Corporation (NASDAQ: SMTC) designs, develops and markets analog and mixed signal semiconductor products. The devices handle power management, timing circuitry, current conversion, voltage surges, parametric measurement and other functions in computers, test equipment, cell phones, network equipment and base stations. Customers include Apple (NASDAQ: AAPL), Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ).

The firm surprised the Street last week, when it reported Q1 EPS of 22 cents and revenues of $74.4 million. Analysts had been expecting 20 cents and $72 million. The sales total was a Q1 company record. Management also guided Q2 EPS to 23-24 cents (22 cent consensus).

Companies looking for semiconductor products naturally gravitate toward experienced firms that do business with a broad and successful customer base. There is an chip provider in Camarillo, California that falls in that category. It has been in business since 1960 and has an impressive client list.

Semtech Corporation (NASDAQ: SMTC) designs, develops and markets analog and mixed signal semiconductor products. The devices handle power management, timing circuitry, current conversion, voltage surges, parametric measurement and other functions in computers, test equipment, cell phones, network equipment and base stations. Customers include Apple (NASDAQ: AAPL), Dell (NASDAQ: DELL), Hewlett-Packard (NYSE: HPQ), Intel (NASDAQ: INTC), Motorola (NYSE: MOT), Nortel Networks (NYSE: NT) and Sony (NYSE: SNE).