News Article | November 7, 2014
RUSNANO co-invests in the development of electronic components for microelectromechanical systems (MEMS) for use in sensors, computing and telecommunications equipment. American company SiTime Corporation, an industry leader in development of MEMS-based high-performance oscillators and silicon timing solutions, is its partner in the endeavor. The project has a total budget of $22 million of which RUSNANO finances up to $15 million. The allocated resources will be directed toward expanding SiTime’s research base, broadening the geography of its sales, and establishing a development center in Russia. Under the terms of the investment agreement, which was approved by RUSNANO’s Executive Board, SiTime will establish a new subdivision in Russia where it will design the next generation of MEMS-based oscillators. The company currently has R&D centers in California and Ukraine. The products that SiTime designs are produced at plants in the US and Taiwan, Jazz and TSMC, respectively. There are no plans to build proprietary production capacity under the project. SiTime specializes in clock generators used in data transmission equipment. Most systems of this kind employ quartz resonators, which are produced and assembled individually using mechanical means. Quartz resonators are the only component that cannot be integrated into a CMOS chip — the generators are too large and require installation in their own ceramic packaging. SiTime has resolved that problem with MEMS-nanoresonators; they can be integrated into any system-in-package or multi-chip-module CMOS crystal. SiTime products are stable at high temperatures; their digit frequency control is precise; they have long service lives and consume little energy. The RUSNANO-SiTime project will sell infrastructure solutions for telecommunications, computing equipment, navigation systems, sensor networks for environmental control, and many other applications requiring precise frequency generators. The global market for synchronization devices — including resonators, generators, and synchronizing chips — is estimated at $5 billion. The Russian market for oscillators is put at $80 million. RUSNANO was established in March 2011 as an open joint-stock company through reorganization of state corporation Russian Corporation of Nanotechnologies. RUSNANO's mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO. Anatoly Chubais is CEO and chairman of the Executive Board of RUSNANO. Work to establish nanotechnology infrastructure and training for nanotechnology specialists, formerly conducted by the Russian Corporation of Nanotechnologies, has been entrusted to the Fund for Infrastructure and Educational Programs, a non-commercial fund also established through reorganization of the Russian Corporation of Nanotechnologies. SiTime Corporation, an analog semiconductor company, offers MEMS-based silicon timing solutions that replace legacy quartz products. With 85% market share and over 45 million devices shipped, SiTime is driving the $5 Billion timing market’s transition to 100% silicon-based timing. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of our solutions allows customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume plastic packaging, SiTime offers the best availability and shortest lead times in the industry. Top-tier manufacturers are experiencing these benefits and recognize SiTime as The Smart Timing Choice™. See more at: www.sitime.com.
News Article | November 7, 2014
11/18 19:59 China's SRF must provide loan, arrange purchase of 9.9% of Yamal LNG before Dec 10 - protocol (Part 3) 11/18 19:54 Ukrainian, OSCE reps in Minsk say necessary to swap captives, secure humanitarian groups' access to Donbas 11/18 19:52 Main indexes of the Russia stock market for November 18 11/18 19:33 Aggregated results for trading of shares in Moscow Exchange Rusnano disposing of stake in American SiTime Corporation, could make 550 mln rubles from deal MOSCOW. Oct 30 (Interfax) - Russian nanotechnology corporation Rusnano is selling its stake in the American company SiTime Corporation, Rusnano said in a statement. Rusnano's stake in SiTime is 17.7%, and the company has invested a total of $15.9 million, or 411 million rubles, in SiTime. In addition, the internal rate of return (IRR) on these investments is estimated at over 25%, Rusnano said. According to industry experts, Rusnano may make over 550 million rubles from the sale. Rusnano said SiTime shareholders - made up of nine investing companies and funds, including Rusnano - decided to sell the entire company to MegaChips for $200 million. The deal is expected to be finalized after it is approved by the regulatory authorities in November of this year. As reported, Rusnano invested $15.9 million in SiTime in 2011 along with a number of other investors, whose overall investments totaled $22 million. The funds were used to develop SiTime's research base, expand its sales territory and create a Russian development center in St. Petersburg. "The decision to invest money into SiTime allowed [us] have a wonderful financial result, but also successfully transfer advanced technology to Russia. It's important to note that despite the fact that Rusnano is disposing of stake in SiTime, the work of the company's Russian R&D center is still successful and ongoing," the statement quotes the president of Rusnano USA and SiTime board of directors member Dmitry Akhanov as saying. You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested. 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Dominik Stillhart: Operation in Syria is ICRC‘s largest one more Director of Operations at the International Committee of the Red Cross Dominik Stillhart has given an interview to Interfax in which he speaks about the committee‘s work in Syria and situation in Donbas after the establishment of ceasefire there and growing humanitarian needs as winter season approaches. High-Level Panel on Humanitarian Financing: We hope private giving to humanitarian causes will increase globally more Two cochairmen of the UN Secretary General‘s High-Level Panel on Humanitarian Financing European Commission Vice-President Kristalina Georgieva and Sultan Nazrin Shah of Perak, Malaysia, who are to arrive in Moscow on Monday, have given a joint written interview to Interfax in which they speak about the reasons the panel was created, goals of their visit to Russia and called to increase private donations to humanitarian needs.
News Article | October 30, 2014
SiTime, a semiconductor company whose technology coordinates the timing of functions that take place on chips, has agreed to be acquired by MegaChips for $200 million in cash, Deborah Gage reports for VentureWire. SiTime had raised about $90 million in equity and debt over the years from investors including New Enterprise Associates, Greylock Partners and Jafco Ventures. The semiconductor industry hasn’t been the focus of much investor interest–venture capital investment in semiconductor companies has fallen over the last decade or so as VCs have turned to software and social media companies that promised faster returns for less capital. In 2006, for instance, U.S. VCs invested $2.2 billion in 154 semiconductor deals, according to Dow Jones VentureSource. In 2013, they invested $371 million in 37 deals. Chief Executive Rajesh Vashist said SiTime is proof that “given the right market and team and strategy, it’s possible to achieve great success, even in a time when it’s not fashionable to be in this business.” Capriza has emerged with $27 million in new funding for technology that lets non-technical users abstract portions of complex applications like SAP NetWeaver and make them work on mobile devices so that anyone familiar with mobile interfaces can use them. The Series C round comes from current investors Andreessen Horowitz and CRV (formerly Charles River Ventures) and new investors Tenaya Capital, Harmony Partners and Allen & Company. Nokia Growth Partners led a $23 million investment for lighting company Digital Lumens in a deal that reflects the venture group’s growing interest in Internet-connected devices. Print Syndicate, which employs a team of artists and graphic designers who scour social media to determine what’s trending and then create content based on those themes, has raised a $4.3 million Series A led by Data Point Capital. Abbott Laboratories said it would acquire New Enterprise Associates portfolio company Topera, a company with a diagnostic catheter and electrophysiological mapping software for use in ablation procedures, for $250 million in upfront cash and further milestone-based payments. ELSEWHERE AROUND THE WEB: In Tough Digital-Advertising Market, Visible Measures Seeks to ‘Grow Up.’ Venture investors are continuing to back digital-advertising startups, even as their public counterparts wither on Wall Street, the WSJ’s Lizette Chapman reports. Boston-based Visible Measures is the latest one, scooping up funding from existing investors in a round that valued the nine-year-old company at less than $200 million, which is less than its previous funding round. Ex-Googler Sees Opportunity as Credit Cards Lose the Magnetic Stripe. In the coming year, Americans will ditch their old magnetic-stripe credit and debit cards for new plastic embedded with chip-and-pin technology. To Osama Bedier, former head of Google’s Wallet mobile payment business, the shift is a once-in-a-lifetime opening. On Wednesday, he launched a startup called Poynt and unveiled the company’s first product, a merchant terminal that reads chip-and-pin cards. Poynt raised money from firms including Matrix Partners and Google Ventures last year. Reddit Gets Into Crowdfunding With Redditmade. The wildly popular sharing site has jumped into the world of crowdfunding with Redditmade, a service that allows moderators to set up projects that can be backed by Redditors, TechCrunch reports. Reddit raised $50 million at a $500 million valuation last month. Thiel: U.S. Government Is in the ‘Middle Ages.’ Investor Peter Thiel said the U.S. government is “in the Middle Ages” when it comes to technology and science, impeding progress in Silicon Valley. “There’s an enormous gulf between Silicon Valley and Washington,” said Thiel, speaking at the WSJD Live Global Technology Conference. “D.C. is dominated by law, by process and Silicon Valley is dominated by engineering and substance.” Palantir CEO Says Technology Can Protect Privacy in the Age of Big Data. Another speaker at WSJD Live, Alex Karp, CEO of venture-backed Palantir Technologies, said that although privacy is at risk from data-mining technology, there are ways to protect citizens. Rocket Explosion Wipes Out Startup’s Satellites. The Antares rocket explosion destroyed 26 satellites from venture-backed Planet Labs, the company said. Planet Labs backers include Yuri Milner, Industry Ventures, Felicis Ventures, Lux Capital and Ray Rothrock, a former partner with Venrock. The company said other launches have succeeded and the accident is not a catastrophe for its business. Write to Zoran Basich at email@example.com. Follow him on Twitter at @zoranbasich
News Article | October 31, 2014
Venture capitalists have a well-known aversion to putting money in chip startups. The fear is frequently traced to the heavy cost of developing products plus the dodgy prospect that investors will make any money. A company called SiTime has emerged as an exception. MegaChips, a publicly held chip maker in Japan, this week announced it will buy the Silicon Valley startup for $200 million in cash. “It’s a real lesson,” says Rajesh Vashist, SiTime’s CEO. “If you have the right market and find the right team, you can still have a very good outcome in good old silicon.” SiTime’s silicon fits a special niche. The company developed an alternative way to generate the timing pulses that help coordinate activity in most electronic devices. Most components that handle such clock functions use quartz crystals to generate the necessary vibrations, a technology that is roughly 75 years old. SiTime’s two founders, while working at the German company Bosch, came up with another approach that was the basis for creating the startup in 2005. Their concept is based on creating moving parts from silicon. The general term for such devices is MEMS, or micro-electromechanical systems, a technology used in products that include the gyroscopes and accelerometers found in smartphones. Vashist says SiTime came up with a way to fabricate MEMS resonators that generate timing pulses using a process that created very few defects. The yield of working components for each silicon wafer averages 95% to 98%, he says, where 40% to 50% would be expected using other processes. SiTime packages its resonator with an analog component, a combination Vashist says is particularly reliable and brings several technical benefits. The company has shipped roughly 250 million units and never had a MEMS failure, he says. The company’s components so far mainly have been used in digital cameras and products that include cellular base stations, high-end computers and Amazon.com 's Kindle. He says it will begin penetrating smartphones soon, with MegaChips’ marketing muscle likely to give a big asset. Vashist is quick to acknowledge that the payoff has been relatively modest to SiTime’s investors, which include Bosch, Greylock Partners and New Enterprise Associates. The company raised about $100 million in its nine-year history, where some younger companies that raised less have reached billion-dollar valuations in a shorter time. Yet the profitable outcome remains a rarity among venture-funded chip companies this year. “It’s not the richest exit ever,” Vashist says. “But everybody seems to have done well with it.” ______________________________________________________ For the latest news and analysis, follow @wsjd. And like us on Facebook to get our news right in your feed: Get breaking news and personal-tech reviews delivered right to your inbox. More from WSJ.D: And make sure to visit WSJ.D for all of our news, personal tech coverage, analysis and more, and add our XML feed to your favorite reader.
News Article | March 25, 2015
(http://www.researchandmarkets.com/research/62nmbz/ceramic) has announced the addition of Dedalus Consulting Inc's new report "Ceramic Resonators - Global Markets, End-Users & Competitors: 2013-2018 Analysis & Forecasts" to their offering. This report is a detailed and comprehensive analysis of the world market for ceramic resonators - in particular passive and electromechanical. Both quantitative and qualitative analyses are presented by product type. A detailed Technology Overview provides valuable information on product types, materials, output types and connector/packaging, as well as recent advancements in frequency control technology trends and competitive analogs. The report contains detailed market data including market by value (US$Millions), volume (UnitsMillions) and average selling price (US$/Unit). Specific quantative analysis tables include product markets by region, application, end-user industry, connector type, packaging type, and competitive supplier sales/market share. Data and analysis include: size of total market opportunity; market forecasts in regional and end-use markets; competition by product type. Data is given for the years 2012-2018 by year with 2012 as the base year and 2018 as the forecast year. Scope of Coverage Introduction - Study Objectives - Methodology & Sources - Statistical Notes Products Covered - Ceramic Resonators Passive - Ceramic Resonators Electromechanical - Other Each Individual Product Report comes with: - Technology Overview - Industry Overview - Applicable Product section (i.e., SAW Devices) Applications & End-User Industries - Dielectric Resonating Oscillators (DRO) - Voltage Controlled Oscillators (VCO) - GPS - Cellular and Wireless Communications - Bandpass/Bandstop Filters - Narrowband/Delay Filters - EMI Filtering - and more... Key Topics Covered: Section One: Technology Overview Introduction & Basic Definitions For more information visit http://www.researchandmarkets.com/research/62nmbz/ceramic Source: Dedalus Consulting Inc
News Article | July 24, 2015
DUBLIN, July 24, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/qrp6gw/sitime_sit1552) has announced the addition of the "SiTime SiT1552 - MEMS Oscillator - Reverse Costing Analysis" report to their offering. SiTime presents its first MEMS oscillator assembled in Wafer Level Chip Scale package to get the word smallest (1.2mm2) ultra-low power oscillator for consumer and industrial applications. SiTime is taking fully benefit of all semiconductor manufacturing processes and infrastructures in order to develop a really compact device and compete with quarts solutions for the same application. This full Reverse Costing analysis has been conducted to provide insight on technology data, manufacturing cost and selling price of the SiTime SiT1552 low-power 32kHz Temperature Compensated Crystal Oscillator. The report includes comparisons with SiT8002 Oscillator and with the Dicera DSC8002 and Silicon Lab Si504 Oscillators. SiTime SiT1512 uses an innovative 1.55×0.85 mm Wafer Level Chip Scale Packaging containing two stacked dies: a MEMS oscillator and an ASIC for signal conditioning. The MEMS oscillator is flipped and connected to the ASIC by solder bumps. The component is protected by a polymeric coating and electrically connected by solder balls. For this new generation oscillator, SiTime has integrated many new technologies in order to be competitive to quartz devices. The MEMS oscillator is manufactured on SOI wafer using MEMSFirstTM and EpiSealTM processes licensed by Robert Bosch GmbH.
News Article | April 16, 2015
Consulting Services & Associates LLC (CS &A) has announced the release of its latest Market Report and Analysis series focused on Semiconductor Timing, covering the results of CY2014 thru Q1 CY2015, and forecasting through 2019. ”I think that this year’s report series shows our best effort to date,” said Mark Sherwood, CS &A’s CEO and Principal Associate. “For 2015, based upon client feedback, we have streamlined the report to focus upon the numbers, technologies, mix, and some very specific application trends driving semiconductor timing overall. Our unique top down and bottoms up methodology in reporting provides the best and most accurate view of the entire semiconductor timing MarketScape.” The full spectrum of timing segments represented approximately USD$5.4 Billion in sales in 2014 showing continued impact to the WW Semi Timing Supplier Base. In 2005 there was more than 166 vendors providing product into this segment, today, there are ~100 Worldwide. The latest series of three CS &A MAINSTREAM Reports includes: (1) Xtal’s and Oscillators, includes Technology bases for; Quartz, SiMEMS, and All-Silicon Oscillators (ASO) (in Compensated CMOS). (2) Semiconductor Clock and Timing, covering the IC end of the business for devices utilizing an external resonator, die sales to frequency suppliers, and RF timing solutions. (3) Combined Semiconductor Timing, which is a combination of the Xtal and Oscillator and the Semiconductor Clock & Timing reports noted above (2). (CS&A notes that the Combination and Semi Clock and Timing reports includes the Semi Timing die sales into FCP, and all aspects of RF Timing). CS&A also provides A unique series of Focused Segment Reporting that provides a very unique and deep dive style of reporting specific to: (1) Semiconductor Timing Opportunities in Communications Infrastructure and back haul (2) 32 KHz and Real Time Clocking. These reports go where our Mainstream reporting does not go. Detailed for action, these focused reports quantify the TAM’s, identify areas of concern that need attention, as well as the identification of opportunities for new use cases and applications, trending, plus new product definition ideas based on need and said trending. CY2014 showed a true plateau in Semi Timing $$Revenue and volumes. Impacted by high levels of integration of the timing functions, especially in consumer applications where cost and size is king, the loss of key timing categories like: PC specific timing, Server specific timing and more, when combined with heavy competitive pressure on device $ASP’s, lead to an overall flattening of $$revenues for the calendar year. The report shows that new technologies have made measurable progress in their respective penetration in CY2014 but have also matured to show limitations that have impacted their proliferation into higher valued solutions. SiMEMS has been very visible in recent times and in CY2014 the two companies leading the way in MEMS based Timing: Discera acquired by Micrel earlier in the year and SiTime, who was the volume and $$Revenue leader in MEMS based Timing acquired by Japan Based Mega Chips for USD$200Million in November, 2014. We expect to see a few Compensated CMOS (compensated LC and RC) solutions poised to make their respective entry from companies such as; Toshiba, Ambiq, Si-Ware Systems, and eoSemi. Today, Silicon Laboratories continues to dominate this segment… The Market Reports provide a comprehensive and unique look at the full spectrum of the Semiconductor Timing Market to include all aspects of Semi Timing from simple standalone Crystals, to Complex RF Timing Modules, CS &A Reporting provides; TAM’s, Technologies in play and in development, Supplier detail and spotlighting, detailed Timing product consumption by Market Segment, Use Case and Applications, Forecasts for all major Semi Timing Product Categories by market segment, plus supplier market shares and rankings… The reports are offered in either a single user or enterprise license, where Enterprise clients will see a second half 2013 update in December, plus two hours of report related open consulting. Single user clients receive only the March release. Reports also include detailed databases that contain raw data, the forecast, product revenue breakdowns for consumption, and market share data noting supplier rankings and capabilities. Optionally these databases can be purchased separately from the full reports. About Consulting Services & Associates Consulting Services & Associates LLC (CS&A) founded in 2002, is headquartered in the heart of the Silicon Valley, centrally located in Cupertino, California. CS &A is today, the recognized leader and has become the “Go To Resource” in Semiconductor Timing reporting and Analysis. The firm provides unique and innovative reporting and limited consulting resources specializing in: technical issue resolution, market research and analysis, product definition, project management, marketing support services, valuations, due diligence services, strategic research and planning, and more. If you are interested in learning more about CS &A offerings, please contact us via email: info(at)timing-is-everything(dot)net. Reports can be purchased online at http://www.timing-is-everything.net.
News Article | July 24, 2015
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lt83mz/sitime_sit1552) has announced the addition of the "SiTime SiT1552 - MEMS Oscillator - Reverse Costing Analysis" report to their offering. SiTime presents its first MEMS oscillator assembled in Wafer Level Chip Scale package to get the word smallest (1.2mm2) ultra-low power oscillator for consumer and industrial applications. SiTime is taking fully benefit of all semiconductor manufacturing processes and infrastructures in order to develop a really compact device and compete with quarts solutions for the same application. This full Reverse Costing analysis has been conducted to provide insight on technology data, manufacturing cost and selling price of the SiTime SiT1552 low-power 32kHz Temperature Compensated Crystal Oscillator. The report includes comparisons with SiT8002 Oscillator and with the Dicera DSC8002 and Silicon Lab Si504 Oscillators. SiTime SiT1512 uses an innovative 1.55×0.85 mm Wafer Level Chip Scale Packaging containing two stacked dies: a MEMS oscillator and an ASIC for signal conditioning. The MEMS oscillator is flipped and connected to the ASIC by solder bumps. The component is protected by a polymeric coating and electrically connected by solder balls. For this new generation oscillator, SiTime has integrated many new technologies in order to be competitive to quartz devices. The MEMS oscillator is manufactured on SOI wafer using MEMSFirstTM and EpiSealTM processes licensed by Robert Bosch GmbH.
News Article | June 25, 2015
THIEF RIVER FALLS, Minn.--(BUSINESS WIRE)--Global electronic components distributor Digi-Key Electronics, the industry leader in electronic component selection, availability and delivery, announced today that SiTime’s industry-leading, MEMS oscillators are programmed, and available for shipment from Digi-Key with 24 hour lead times. “SiTime’s MEMS timing solutions are rapidly replacing legacy quartz products and offer the benefits of more features, higher performance, smaller size, better reliability and shorter lead times. Using online tools, customers can configure our devices to exactly match their design configuration, and thus optimize their systems for performance, reliability and cost,” said Piyush Sevalia, Executive Vice President of Marketing at SiTime. “The electronic engineering community relies on Digi-Key for component selection and rapid delivery. SiTime’s broad product portfolio, supported by Digi-Key’s fast-turn service, is an unbeatable combination that will transform the timing market.” Available from Digi-Key in frequencies from 1 Hz to 625 MHz, SiTime’s MEMS oscillators also have frequency stability from ±5 to 50 ppm and supply voltages from 1.8 to 3.3V. Rapid fulfillment from Digi-Key allows designers to quickly get the part they need, speeding development time, and saving money. “SiTime’s MEMS oscillators have the capability to be used in countless electronic applications,” said David Stein, Digi-Key Vice President of Global Semiconductors. “Digi-Key’s ability to program the part to the customer’s specifications and ship them out within 24 hours speeds the design process for engineers so they can quickly get their product to the market.” For more information about SiTime programmable oscillators visit their Supplier Marketing Page at Digikey.com. About SiTime SiTime Corporation, a MEMS and analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), offers MEMS-based silicon timing solutions that replace legacy quartz products. With 80% market share and over 300 million devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume packaging, SiTime offers the best availability and shortest lead times in the industry. www.sitime.com Digi-Key Electronics, based in Thief River Falls, Minn., is a global, full-service provider of both prototype/design and production quantities of electronic components, offering more than three million products from over 650 quality name-brand manufacturers. With over one million products in stock and an impressive selection of online resources, Digi-Key is committed to stocking the broadest range of electronic components in the industry and providing the best service possible to its customers. Additional information and access to Digi-Key’s broad product offering is available at www.digikey.com.
News Article | May 18, 2015
SUNNYVALE, Calif.--(BUSINESS WIRE)--SiTime Corporation, a MEMS and analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), today announced a new family of µPower MEMS Oscillators for the wearable, IoT and mobile markets. The SiT8021 oscillator, the first device in this family, shatters the limitations of quartz technology by setting new benchmarks in power, size and weight. The SiT8021 consumes 90% lower power, is 40% smaller, and 70% lighter than quartz devices. These best in class specifications enable the longest battery life as well as the smallest size and weight of smart watches, fitness bands, tablets, smart phones, portable audio and accessories. “In 2013 and 2014, SiTime introduced the smallest, lowest power 32 kHz oscillator and TCXO for the wearables, IoT and mobile markets. These products were based on SiTime’s game-changing TempFlat™ MEMS and low-power programmable analog technology. Customers adopted these 32 kHz XOs and TCXOs rapidly – we expect to ship several tens of millions of units in 2015,” said Piyush Sevalia, executive vice president of marketing at SiTime. “Innovating rapidly, SiTime used our revolutionary technologies to deliver the μPower family of MHz MEMS oscillators. This new family of oscillators breaks through the limitation of quartz technology and enables smaller electronic devices with longer battery life.” “Wearables and IoT are generating a lot of excitement as they are expected to drive the future growth of the semiconductor industry,” said Tony Massimini, Chief of Technology at Semico Research. “SiTime, with its leadership in Silicon MEMS timing solutions, is in a unique position to capitalize on the rapid growth of wearables and IoT.” The SiT8021 delivers the following features and benefits as compared to quartz technology. Samples of the SiT8021 are available now for high volume designs. General sampling and mass production is targeted for Q3 2015. Pricing is available upon request. For more information and datasheet, visit www.sitime.com/products/uPower-oscillators/sit82021 SiTime Corporation, a MEMS and analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), offers MEMS-based silicon timing solutions that replace legacy quartz products. With 80% market share and over 270 million devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume packaging, SiTime offers the best availability and shortest lead times in the industry. Top-tier manufacturers are experiencing these benefits and recognize SiTime as The Smart Timing Choice™. For more information, visit www.sitime.com.