InvenSense® to Ship Over 1 Billion MEMS Sensors Worldwide
January 06 2015 - 9:08AM
Business Wire
Integrated Single Chip 6-Axis Part to reach 500
Million Shipped in Q1’15
InvenSense, Inc. (NYSE: INVN), the leading provider of
intelligent sensor solutions, announced that since starting
shipment of MEMS-based sensors in late 2006, it will reach 1
billion devices shipped in Q1 of calendar 2015. InvenSense
additionally announced that, since being the world’s first
manufacturer of a single chip 6-axis product family for the mobile,
wearable, smart home, automotive, and industrial markets, will now
surpass over five hundred million units shipped worldwide in Q1
CY15.
The market demand for ‘AlwaysOn’ sensing in consumer electronics
has been growing at a rapid pace with the proliferation of premium
smart phones. Yole Développement forecasts the MEMS Sensors
industry is primed to grow from an estimated $13B in 2014, to $24B
by 2019. InvenSense has a history of innovation, a strong patent
portfolio, and has achieved numerous technological firsts,
culminating in receiving its fourth prestigious award from the
Global Semiconductor Alliance (GSA) for the third consecutive year.
Additionally, InvenSense was again ranked among the fastest growing
semiconductor companies in Deloitte’s 2014 Technology Fast 500™
List of Fastest Growing Companies in North America and market
watcher IHS iSuppli named InvenSense one of “the top suppliers of
motion sensors today.”
“Opportunities for InvenSense’s technology in imaging, motion,
sound, and navigation continue to be strong,” said Behrooz Abdi,
CEO and President, InvenSense, Inc. “We are pleased with the number
of new customer products featuring InvenSense’s integrated 6-axis
System on Chips (SoCs) including the strong and growing adoption
into the Internet of Things (IoT) market, and we’re encouraged by
the continuing validation of our Sensing Everything™ strategy.”
InvenSense is exhibiting in booth #35806 in South Hall 4 at
the 2015 Consumer Electronics Show taking place in Las Vegas,
Nevada from January 6 - 9, 2015. To schedule press and partner
meetings at the show, contact pr@invensense.com. For
additional information and data sheets, please visit
www.invensense.com or contact InvenSense Sales at
sales@invensense.com.
About InvenSense
InvenSense Inc. (NYSE: INVN) is the world’s leading provider of
intelligent sensor solutions for consumer electronic devices. The
company’s patented InvenSense Fabrication Platform and
patent-pending MotionFusion™ technology address the emerging needs
of many mass-market consumer applications via improved performance,
accuracy, and intuitive motion-, gesture- and sound-based
interfaces. InvenSense technology can be found in consumer
electronic products including smartphones, tablets, wearables,
gaming devices, optical image stabilization, and remote controls
for Smart TVs. The company’s MotionTracking products are also being
integrated into a number of industrial applications. InvenSense is
headquartered in San Jose, California and has offices in China,
Taiwan, Korea, Japan, France, Slovakia, and Wilmington, MA. More
information can be found at www.invensense.com or follow us on
Twitter at @InvenSense.
2015 InvenSense, Inc. All rights reserved. InvenSense,
MotionTracking, MotionProcessing, MotionProcessor, MotionFusion,
MotionApps, DMP, AAR, and the InvenSense logo are trademarks of
InvenSense, Inc. Other company and product names may be trademarks
of the respective companies with which they are associated.
For Press Inquiries, Contact:InvenSense, Inc.Ali
Foughi, 408-501-2225Vice PresidentMarketing and Business
DevelopmentorDavid Almoslino, 408-501-2278Senior
DirectorMarketing and Communicationspr@invensense.com
Invensense, Inc. (NYSE:INVN)
Historical Stock Chart
From Jul 2024 to Aug 2024
Invensense, Inc. (NYSE:INVN)
Historical Stock Chart
From Aug 2023 to Aug 2024