SUNNYVALE, Calif. – May 18, 2015 – 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.