MEMSIC Company Description
It's all in the name. MEMSIC makes microelectromechanical systems (MEMS), integrated circuit (IC) products that allow a single chip to process signals from several sources. The company's specialized circuits are used as accelerometers (used to measure tilt and other motion) and sensors in automotive, consumer electronics, industrial, and mobile phone applications. The company partners with such companies as Sensata Technologies. Its customers include Autoliv (about 16% of sales), Mitsubishi Electric, Panasonic, Sony, and TomTom. MEMSIC gets around three-quarters of its sales in the Asia/Pacific region.
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The Company Description provides a historical perspective of MEMSIC's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of MEMSIC's evolution in the marketplace.
