-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QSgsvSaFtOcwwpZiiAQHZGcr/Yqp67KBjjWp7/COjchybzSLqBl9mN68jSSyLBLc aX9li3/uIjV/Ow3bCJ8h3Q== 0001104659-06-024724.txt : 20060412 0001104659-06-024724.hdr.sgml : 20060412 20060412164925 ACCESSION NUMBER: 0001104659-06-024724 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060412 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060412 DATE AS OF CHANGE: 20060412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL RECTIFIER CORP /DE/ CENTRAL INDEX KEY: 0000316793 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 951528961 STATE OF INCORPORATION: DE FISCAL YEAR END: 0629 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07935 FILM NUMBER: 06756376 BUSINESS ADDRESS: STREET 1: 233 KANSAS ST CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3107268000 8-K 1 a06-8710_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)  April 12, 2006

 

INTERNATIONAL RECTIFIER CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-7935

 

95-1528961

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

233 KANSAS STREET, EL SEGUNDO, CALIFORNIA

 

90245

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code 310-726-8000

 

NO CHANGE

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o              Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o              Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o              Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o              Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 7.01 Regulation FD Disclosure

 

On April 12, 2006, International Rectifier Corporation (“IR”) issued a press release regarding IR’s Non-Focus products business. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits

 

(c)   Exhibits

 

Exhibit No.

 

Description

99.1

 

Press release of International Rectifier Corporation (“IR”), dated April 12, 2006, regarding IR’s Non-Focus products business.

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

INTERNATIONAL RECTIFIER CORPORATION

 

 

Date: April 12, 2006

By:

/s/   DONALD R. DANCER

 

 

 

Name:

Donald R. Dancer

 

 

Title:

Secretary and General Counsel

 

3


EX-99.1 2 a06-8710_1ex99d1.htm EX-99

Exhibit 99.1

 

International Rectifier Exploring Potential Sale of All Non-Focus Products Business

 

EL SEGUNDO, Calif. – April 12, 2006 – International Rectifier (NYSE: IRF) today announced that it is exploring the potential sale of all the company’s Non-Focus Products business, including both its Non-Aligned Products and Commodity Products segments. Non-Focus Products comprised 23 percent of company revenues in the most recently reported quarter. These products are not considered to be aligned with the company’s long-term objectives or do not meet its gross margin and revenue growth targets. Goldman, Sachs & Co. has been retained to advise the company on a possible sale.

 

The company has previously announced plans to de-emphasize its commodity business and accelerate the transition to high-performance analog, mixed-signal, and digital ICs and advanced-circuit products. These products are currently included in the company’s Focus Products group, which was 77 percent of revenues in the most recently reported quarter, with gross margins of 48 percent.

 

Additional commentary regarding this announcement will be provided in the company’s upcoming earnings report and conference call. The company will release its fiscal third quarter results on Thursday, April 27, at approximately 1:30 p.m. Pacific time, followed by a conference call at 1:40 p.m. Pacific time.

 

About International Rectifier

 

International Rectifier (NYSE:IRF) is a world leader in power management technology. IR’s digital, analog and mixed signal ICs, advanced circuit devices, integrated power systems, and components enable high performance computing and reduce energy waste from motors, the world’s single largest consumer of electricity. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft and defense systems rely on IR’s power management benchmarks to power their next generation products. For more information, go to www.irf.com.

 

Company contact: Steve Harrison, 310.252.7731

 

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