Top 5 Consumer Service Companies To Invest In Right Now: InvenSense Inc (INVN)
InvenSense, Inc. (InvenSense), incorporated in June 2003, is a provider of intelligent motion processing solutions. The Company is engaged in the designing, developing, manufacturing and marketing linear and mixed-signal integrated circuits (IC). It has designed and developed an integrated motion processing solution that enables a motion-based user interface for consumer electronics. Its solutions are comprised of an IC that incorporates motion sensors, such as gyroscopes, with associated software and are differentiated by their small form factor, high level of integration, performance, reliability and cost effectiveness. It targets consumer electronics applications, such as console and portable video gaming devices, handset and tablet devices, digital still and video cameras, digital television and set-top box remote controls, three-dimensional (3D) mice and portable navigation devices. As of March 31, 2010, InvenSense had shipped over 60 million units of its products. In November 2013, Analog Devices, Inc completed the sale of the assets of its microphone product line to InvenSense, Inc.
The Companys MotionProcessing platform offers its customers an integrated and solution comprised of its micro-electro-mechanical systems (MEMS) based motion sensors and their companion mixed-signal integrated circuits, embedded DigitalMotion processors that combine digital outputs from multiple motion sensors to provide more accurate motion tracking functionality, which it refers to as SensorFusion, and its MotionProcessing library that allows its customers to create applications using its MotionProcessing solutions. To promote faster adoption and time to market for its customers, InvenSense provides application programming interfaces and pre-configured application functionalities, such as gesture recognition, which it refers to as MotionApplication software.
The Companys technology is comprised of f! our components: Nasiri-Fa brication process, advanced MEMS gyroscope design, mixed-signal circuitry that provides sensor signal processing and enables SensorFusion technology critical to its MotionProcessing platform, and MotionProcessing library and MotionApplication software solutions. InvenSenses Nasiri-Fabrication process allows it to combine MEMS with standard complementary metal oxide semiconductor (CMOS) at the wafer level. InvenSense utilizes a fabless business model, working with third parties to manufacture, package and assemble its products. It performs its own wafer level sorting, testing and calibration with testing tools at its facilities in Taiwan. It sells its products through direct sales to manufacturers of consumer electronics devices.
The Company competes with Analog Devices, Inc., Robert Bosch GmbH, Epson Toyocom Corporation, Freescale Semiconductor, Inc., Rohm Co., Ltd., Murata Manufacturing Co., Ltd., Panasonic Corporation, Sony Corporation, and STMicroelectro nics N.V.
Advisors' Opinion:- [By Steve Symington]
Shares of motion sensor specialist InvenSense (NYSE: INVN ) rose by as much as 27% Friday after the company reported its fiscal fourth quarter 2013 earnings.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, motion sensor technologist InvenSense (NYSE: INVN ) has earned a coveted five-star ranking.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-consumer-service-companies-to-invest-in-right-now-3.html
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