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Blue Chip Growth

Stock Report: () Report Updated: Feb 01, 2016 | Print This Page

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Company Profile

MEMSIC, Inc. provides semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS) technology and mixed signal circuit design. Its sensor products, principally include accelerometers and magnetic sensors. The company’s sensors are used for motion and direction sensing applications; and accelerometer products are used to measure tilt, shock, vibration, and acceleration, as well as in various applications, such as mobile phones, automotive safety systems, video projectors, global positioning systems, video gaming systems, interactive toys, inclination sensing, earthquake detection, and cardiac pacemakers. MEMSIC, Inc. also provides MEMS-based magnetic sensors that offer enhanced digital compass capabilities for mobile applications, such as cell phones and personal navigation devices; and MEMS-based gas-flow meter for use in industrial applications. Its system solution products consist of wireless sensors that connect the physical environment with enterprise management and information systems to provide monitoring, automation, and control solutions for a range of industries, as well as inertial systems, which provide end-users and systems integrators with MEMS-based solutions for the measurement of static and dynamic motion in a various environments, including avionics, remotely operated vehicles, agricultural and construction vehicles, automotive test, and wind power turbines. The company also engages in the development of multi-sensor and micro-controller unit integrated system products at the integrated circuit level for the consumer and mobile market, as well as the industrial, automotive, and general aviation markets. MEMSIC, Inc. sells its products directly, as well as through systems integrators, resellers, distributors, and sales representatives worldwide. The company was incorporated in 1999 and is headquartered in Andover, Massachusetts.

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