Shares of leading semiconductor manufacturer
Microchip Technology Inc.
) increased marginally on Aug 8, following the launch of its new
PIC32 Bluetooth Starter Kit. The kit is a low-cost Bluetooth
development platform, which includes a micro controller (MCU), Host
Controller Interface (HCI)-based Bluetooth radio, high-output
multi-color light emitting diode (LED), accelerometer, analog
temperature sensor and 5 push buttons for user-defined inputs.
Microchip also plans to provide support for Bluetooth audio in the
future through a plug-in interface in the starter kit for an audio
CODEC daughter card.
The kit is ideal for Bluetooth thermostats, wireless gaming
controllers, glucose meters, wireless diagnostic tools, Bluetooth
GPS receivers, Bluetooth serial adapters and cordless barcode
scanners. It eases the development of Bluetooth-enabled products
and is targeted for low-cost applications in the consumer, medical
and Industrial markets.
Microchip continues to capitalize on its business potential by
developing and introducing a wide range of innovative and
proprietary new products. Microchip's new Bluetooth Starter Kit is
an ideal solution for developers who want to add Bluetooth as a
wire replacement for their designs. Striking features such as
quality, performance, reliability, ease of use, pricing and
diversity of products make Microchip one of the better-positioned
companies in the semiconductor universe.
Microchip develops and manufacturers microcontrollers, memory and
analog and interface products for embedded-control systems, which
are small, low-power computers designed to perform specific
Microchip currently has a Zacks Rank #2 (Buy). Other stocks that
look promising and are worth considering in the industry now
include Fairchild Semiconductor International Inc. (
), MaxLinear, Inc. (
) and Microsemi Corporation (
), each carrying a Zacks Rank #2 (Buy).
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MICROCHIP TECH (MCHP): Free Stock Analysis
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