Microchip Technology

Last updated

Microchip Technology Incorporated
Company type Public
Industry Semiconductors
Founded1989;36 years ago (1989)
Headquarters Chandler, Arizona, U.S.
Key people
Products
RevenueDecrease2.svg US$7.634 billion (2024)
Decrease2.svgUS$2.571 billion (2024)
Decrease2.svgUS$1.907 billion (2024)
Total assets Decrease2.svgUS$15.87 billion (2024)
Total equity Increase2.svgUS$6.658 billion (2024)
Number of employees
c.22,300 (2024)
Website microchip.com
Footnotes /references
Financials as of March 31,2024. [1]

Microchip Technology Incorporated is a publicly listed American semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

Contents

Its corporate headquarters is located in Chandler, Arizona. Its wafer fabs are located in Gresham, Oregon, and Colorado Springs, Colorado. The company's assembly/test facilities are in Chachoengsao, Thailand, and Calamba and Cabuyao, Philippines.

Microchip Technology offers support and resources to educators, researchers and students in an effort to increase awareness and knowledge of embedded applications. [2] [3] [4]

History

Origins

Microchip Technology was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary. [5] [6] The newly formed company was a supplier of programmable non-volatile memory, microcontrollers, digital signal processors, card chip on board, and consumer integrated circuits. An initial public offering (IPO) later in the year was canceled because of the October 1987 stock market crash. [5]

Microchip Technology became an independent company in 1989 when it was acquired by a group of venture capitalists led by Sequoia Capital. [7] In the same year, Microchip Technology announced the release of small, inexpensive 8-bit reduced instruction set computing (RISC) microcontrollers for $2.40 apiece, whereas most RISC microcontrollers were 32-bit devices selling for hundreds of dollars. [8]

1990-2024

Microchip test facility in Garden Grove, California, formerly owned by Microsemi. Microsemi Microchip Building Garden Grove California 2021.JPG
Microchip test facility in Garden Grove, California, formerly owned by Microsemi.

In 1990, 60% of Microchip Technology's sales were from the disc drive industry and the product portfolio relied heavily on commodity EEPROM products. [9] The company was losing US$2.5 million per quarter, had less than 6 months of cash in reserve, had exhausted lines of credit, and was failing to control expenses. Early in the year, the venture capital investors accepted an offer to sell Microchip Technology to Winbond Electronics Corporation of Taiwan for $15M. Winbond Electronics backed out of the deal after the Taiwanese stock market decreased in May 1990. Vice President of Operations, Steve Sanghi, was named president and chief operating officer of Microchip Technology in 1990. [5] After several quarters of losses, Sanghi oversaw Microchip Technology's transition from selling commodity-based products to specialized chips, such as the RISC technology.

Microchip Technology conducted an IPO in 1993, which Fortune magazine cited as the best performing IPO of the year with a stock appreciation of 500% and over $1bn in market capitalization. [10] At the end of 2015, Microchip Technology posted its 100th consecutive quarter of profitability. [11]

In March 2021, Sanghi was replaced as CEO by Ganesh Moorthy.

2024-present

In March 2024, Microchip furloughed production staff and non-manufacturing employees were forced to take a pay-cut for two weeks. [12] This was done again in June. [13] In late November, Moorthy retired as CEO and Steve Sanghi was appointed interim CEO. [14] In early December of that year, Sanghi announced the closure of Fab 2 in Tempe, Arizona and also announced that Microchip would suspend its application for CHIPS and Science Act funding. [15] [16]

Acquisitions

Products

A 1988 vintage Microchip PIC16CR54 with the Apple Desktop Bus protocol pre-programmed, before they became an independent company, as used in a Macintosh SE. Apple Desktop Bus Microchip.jpg
A 1988 vintage Microchip PIC16CR54 with the Apple Desktop Bus protocol pre-programmed, before they became an independent company, as used in a Macintosh SE.

Microchip offers 8, 16, and 32-bit microcontrollers including PIC and AVR microcontrollers, microprocessors, analog and interface products, digital signal controllers, embedded controllers, memory products (including serial EEPROM, serial SRAM, serial flash, serial NvSRAM, serial EERAM, parallel EEPROM, parallel one-time programmable flash, parallel flash and CryptoMemory devices.) [54] [55] [56] [57] [58] [59] [60] [61] [62] [63]

Microchip also offers programming and development tools; [64] [65] crypto element devices that provide authentication, data integrity, and confidentiality in a variety of applications, such as disposables, accessories and nodes; [55] Timing, communication and real-time clock and calendar products; [66] [67] USB products; [68] Power Management Integrated Circuits (PMICs); [69] and networking products including ethernet interface and wireless products. [70] [71] [72]

Product milestones

In April 2009, Microchip Technology announced the nanoWatt XLP microcontrollers, claiming the world's lowest sleep current. [73] Microchip Technology had sold more than 6 billion microcontrollers as of 2009. [74] As of 2011, Microchip Technology ships over a billion processors every year. In September 2011, Microchip Technology shipped the 10 billionth PIC microcontroller. [75] [76]

Wafer Fabs

Plant NameLocationStatus
Fab 1 Chandler, Arizona, United States Defunct. [77]

Closed April 2003.

Fab 2 Tempe, Arizona, United StatesDefunct. [78]

Closed November 2024.

Fab 3 Puyallup, Washington, United StatesDefunct. [20] [21]

Never began operations.

Fab 4 Gresham, Oregon, United StatesOpen
Fab 5 Colorado Springs, Colorado, United StatesOpen

See also

Related Research Articles

<span class="mw-page-title-main">Microcontroller</span> Small computer on a single integrated circuit

A microcontroller or microcontroller unit (MCU) is a small computer on a single integrated circuit. A microcontroller contains one or more CPUs along with memory and programmable input/output peripherals. Program memory in the form of NOR flash, OTP ROM, or ferroelectric RAM is also often included on the chip, as well as a small amount of RAM. Microcontrollers are designed for embedded applications, in contrast to the microprocessors used in personal computers or other general-purpose applications consisting of various discrete chips.

<span class="mw-page-title-main">AVR microcontrollers</span> Family of microcontrollers

AVR is a family of microcontrollers developed since 1996 by Atmel, acquired by Microchip Technology in 2016. These are modified Harvard architecture 8-bit RISC single-chip microcontrollers. AVR was one of the first microcontroller families to use on-chip flash memory for program storage, as opposed to one-time programmable ROM, EPROM, or EEPROM used by other microcontrollers at the time.

Atmel Corporation was a creator and manufacturer of semiconductors before being subsumed by Microchip Technology in 2016. Atmel was founded in 1984. The company focused on embedded systems built around microcontrollers. Its products included microcontrollers radio-frequency (RF) devices including Wi-Fi, EEPROM, and flash memory devices, symmetric and asymmetric security chips, touch sensors and controllers, and application-specific products. Atmel supplies its devices as standard products, application-specific integrated circuits (ASICs), or application-specific standard product (ASSPs) depending on the requirements of its customers.

<span class="mw-page-title-main">STMicroelectronics</span> Semiconductor device manufacturer

STMicroelectronics NV is a European multinational semiconductor contract manufacturing and design company. It is the largest of such companies in Europe. It was founded in 1987 from the merger of two state-owned semiconductor corporations: Thomson Semiconducteurs of France and SGS Microelettronica of Italy. The company is incorporated in the Netherlands and headquartered in Plan-les-Ouates, Switzerland. Its shares are traded on Euronext Paris, the Borsa Italiana and the New York Stock Exchange.

<span class="mw-page-title-main">PIC microcontrollers</span> Line of single-chip microprocessors from Microchip Technology

PIC is a family of microcontrollers made by Microchip Technology, derived from the PIC1640 originally developed by General Instrument's Microelectronics Division. The name PIC initially referred to Peripheral Interface Controller, and was subsequently expanded for a short time to include Programmable Intelligent Computer, though the name PIC is no longer used as an acronym for any term. The first parts of the family were available in 1976; by 2013 the company had shipped more than twelve billion individual parts, used in a wide variety of embedded systems.

Renesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo, Japan, initially incorporated in 2002 as Renesas Technology, the consolidated entity of the semiconductor units of Hitachi and Mitsubishi excluding their dynamic random-access memory (DRAM) businesses, to which NEC Electronics merged in 2010, resulting in a minor change in the corporate name and logo to as it is now.

<span class="mw-page-title-main">Freescale Semiconductor</span> Former American semiconductor company

Freescale Semiconductor, Inc. was an American semiconductor manufacturer. It was created by the divestiture of the Semiconductor Products Sector of Motorola in 2004. Freescale focused their integrated circuit products on the automotive, embedded and communications markets. It was bought by a private investor group in 2006, and subsequently merged with NXP Semiconductors in 2015.

<span class="mw-page-title-main">Cypress Semiconductor</span> Defunct American semiconductor company

Cypress Semiconductor Corporation was an American semiconductor design and manufacturing company. It offered NOR flash memories, F-RAM and SRAM Traveo microcontrollers, PSoCs, PMICs, capacitive touch-sensing controllers, Wireless BLE Bluetooth Low-Energy and USB connectivity solutions.

<span class="mw-page-title-main">Infineon Technologies</span> Semiconductor manufacturing company

Infineon Technologies AG is Germany's largest semiconductor manufacturer. The company was spun-off from Siemens AG in 1999. Infineon has about 58,600 employees in 2023 and is one of the ten largest semiconductor manufacturers worldwide. In 2023 the company achieved sales of €16.309 billion.

General Instrument (GI) was an American electronics manufacturer based in Horsham, Pennsylvania, specializing in semiconductors and cable television equipment. They formed in New York City in 1923 as an electronics manufacturer. During the 1950s, the company began a series of acquisitions under the direction of Moses Shapiro. Among the more notable purchases was General Transistor in 1960, which led to GI becoming a major producer of transistors, and later, integrated circuits (ICs). By the late 1960s, the company was mostly depending on sales into the television industry, which was further bolstered by the 1967 purchase of Jerrold Electronics.

Maxim Integrated Products, Inc., was an American semiconductor company that designed, manufactured, and sold analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio included power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide. In 2021, the company was acquired by Analog Devices.

Atmel ARM-based processors are microcontrollers and microprocessors integrated circuits, by Microchip Technology, that are based on various 32-bit ARM processor cores, with in-house designed peripherals and tool support.

ARM9 is a group of 32-bit RISC ARM processor cores licensed by ARM Holdings for microcontroller use. The ARM9 core family consists of ARM9TDMI, ARM940T, ARM9E-S, ARM966E-S, ARM920T, ARM922T, ARM946E-S, ARM9EJ-S, ARM926EJ-S, ARM968E-S, ARM996HS. ARM9 cores were released from 1998 to 2006 and they are no longer recommended for new IC designs; recommended alternatives include ARM Cortex-A, ARM Cortex-M, and ARM Cortex-R cores.

<span class="mw-page-title-main">TTI, Inc.</span> Electronic Components Distribution Company

TTI, Inc., is a distributor of electronic components that include capacitors, resistors, connectors, switches, relays, circuit protection, electromagnetics, discrete semiconductors, sensors, RF modules, and antennas.

<span class="mw-page-title-main">MaxLinear</span> American hardware company

MaxLinear, Inc. is an American hardware company. Founded in 2003, it provides highly integrated radio-frequency (RF) analog and mixed-signal semiconductor products for broadband communications applications. It is a New York Stock Exchange-traded company.

<span class="mw-page-title-main">Dialog Semiconductor</span> Anglo-German semiconductor company

Dialog Semiconductor Plc is an Anglo-German semiconductor-based system designer and manufacturer. The company is headquartered in the United Kingdom in Reading, with a global sales, R&D and marketing organization. Dialog creates highly integrated application-specific standard product (ASSP) and application-specific integrated circuit (ASIC) mixed-signal integrated circuits (ICs), optimised for smartphones, computing, Internet of Things devices, LED solid-state lighting (SSL), and smart home applications.

<span class="mw-page-title-main">Greenliant Systems</span> American semiconductor manufacturer

Greenliant Systems is an American manufacturer of NAND flash memory-based solid state storage and controller semiconductors for embedded systems and data center products. Greenliant Systems was founded by Bing Yeh in 2010, and is headquartered in Santa Clara, California along with offices in North America, Europe and Asia.

In computing, autonomous peripheral operation is a hardware feature found in some microcontroller architectures to off-load certain tasks into embedded autonomous peripherals in order to minimize latencies and improve throughput in hard real-time applications as well as to save energy in ultra-low-power designs.

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