Growth Driven by Rapid Adoption across 30 Applications
SUNNYVALE, Calif. – May 3, 2010 – SiTime Corporation, the industry leader in MEMS-based analog semiconductor solutions, today announced that cumulative shipments of its MEMS First™ CMOS oscillators and clock generators are expected to exceed 20 Million Units in May 2010. SiTime’s leadership timing solutions replace quartz in all segments, including in networking, telecommunications, storage and consumer electronics, by offering the highest performance, smallest size and shortest lead times.
“SiTime offers the broadest portfolio of MEMS-based timing products, which are being adopted by large OEMs and ODMs worldwide,” said Rajesh Vashist, CEO of SiTime. “SiTime has developed an unmatched expertise in MEMS and high performance CMOS analog to deliver 25,000 programmable products to customers. SiTime’s standard semiconductor manufacturing process has easily supported our customers’ high-volume requirements, enabling us to double our shipments in the past six months. Today, our volumes are easily five times higher than all our competitors in the CMOS and MEMS-based oscillator markets.”
Over the past two years, SiTime has continued to introduce high performance timing products such as high-stability differential and spread spectrum oscillators, VCXOs and multiple output clock generators. SiTime’s products are the heartbeat of high-performance electronics such as FTTH and Passive Optical Networking (PON) equipment, 10-Gigabit Ethernet switches, Computing and Storage Servers as well as high volume applications such as Digital Cameras, LCD HDTVs, PC desktops and laptops, Set Top Boxes (STB), Multi-function Printers and Solid-State Drives (SSD).
SiTime Corporation, the industry leader in MEMS-based analog semiconductor solutions, addresses the $5 Billion timing market with programmable silicon products that replace conventional, quartz technology. Headquartered in Sunnyvale, Calif., SiTime is backed by leading venture capital firms NEA, Greylock, Jafco and Bosch. For more information, please visit www.sitime.com.