SAN JOSE, Calif.–(BUSINESS WIRE)–Jan. 6, 2015– 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 firstname.lastname@example.org. For additional information and data sheets, please visit www.invensense.com or contact InvenSense Sales at email@example.com.
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.
Source: InvenSense Inc.