Nat Semi net income drops.

The article reports on the financial performance of Santa Clara, California-based National Semiconductor Corp. for its fiscal first quarter of 2009 ended August 24. Sales have increased by one percent while its net income has declined by $80 million. Its gross margin of 66% is up from gross margin in fiscal fourth quarter of the same year. This strength is driven by strong manufacturing performance and cost efficiencies as well as improved product mix of higher-value analog products.