Microchip Technology Inc. Company Profile
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Microchip Technology Inc.
Manufacturing/p>
- Type
Public
- Headquarters
USA
- Founded
1989/p>
- Key Management
Mr.Steve Sanghi (CEO)
- Revenue
~5,438.4
- Headcount
~13,096
- Website
Business Description
Microchip Technology Inc. is a US-listed company that manufactures mixed-signal, analog, and Flash-IP integrated device products. Its products include microcontrollers, (PIC and dsPIC devices, AVR, and SAM), serial SRAM devices, and embedded security devices. solution. Microsemi was established in 1960 in Aliso Viejo (CA).
Key Financials
Revenue (US$ Mn):
- At a 3.11% increase from , Microchip Technology Inc.’s annual revenue of US$ 5,438 Mn was indexed in 2021
- Microchip Technology Inc. generated total revenue of US$ 5,274 Mn in 2020
Operating Income (US$ Mn):
- At a 54.24% increase from , Microchip Technology Inc.’s operating income of US$ 998 Mn was indexed in 2021
- Microchip Technology Inc. generated an operating income of US$ 647 Mn in 2020
Net Income (US$ Mn):
- Microchip Technology Inc. generated a net income of US$ 349 Mn in 2021
- A net income of US$ 571 Mn was indexed by Microsoft Corporation in 2020
Operating Margin %:
- Microchip Technology Inc. generated an operating margin of 18% in 2021
- An operating margin of 12% was indexed by Microchip Technology Inc. in 2020
Gross Margin %:
- Microchip Technology Inc. generated a gross margin of 62% in 2021
- A gross margin of 61% was indexed by Microchip Technology Inc. in 2020
SWOT Analysis
Strengths
Broad product portfolio
The company offers a wide range of products. The company’s strategy focuses on a variety of products including general purpose and specialized microcontrollers and development tools and software. Microchip offers embedded control solutions with the benefits of low size, high performance, and wide voltage ranges. It also allows customers to quickly integrate its solutions into their products. It offers a wide range of microcontroller products that are proprietary and general-purpose.
The company also provides a complete set of application development tools to help system designers quickly program PIC microcontrollers in specific applications. The company also offers memory products such as serial electrically erasable programmable memory (referred to below as Serial EEPROMs), parallel Flash memories, serial Flash memories, and serial SRAM memories. It also deals in technology licensing.
This includes royalty fees and license fees for technology licenses that allow the use of SuperFlash embedded flash or Smartbits one-time programmable NVM technology. The company’s broad product portfolio allows for cross-selling opportunities and increases its market share.
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