) recently announced the launch of MGC3130 Hillstar Development
Kit - the world's first e-field 3D tracking and gesture
controller for 3D gesturing systems.
MGC3130 Hillstar Development Kit includes a complete MGC3130
reference system, a MGC3130 Module and one reference electrode.
Microchip's GestIC technology allows users to interact with their
devices using hand/finger position tracking and intuitive
free-space gestures in real time.
The GestIC technology serves a wide range of applications in
the computing, lighting, consumer-electronics and automotive
markets. The Hillstar Development Kit helps designers with a path
to integrate Microchip's industry-leading technology in their
applications, in minimum possible time.
This new gesture controller eases the development of solutions
and provides designers with a flexible step-by-step approach to
develop 3D gesturing systems. The quality, performance,
reliability features, ease of use, and 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
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Microchip is scheduled to report its second quarter fiscal 2014
earnings on October 30, 2013. The current Zacks Consensus
Estimate for the second quarter is pegged at 55 cents per share,
representing a year-over-year increase of about 39.7%.
Microchip currently has a Zacks Rank #2 (Buy). Other stocks that
look promising and are worth considering now are
), carrying a Zacks Rank #1 (Strong Buy).
NXP Semiconductors NV
) are also worth a look as they carry Zacks Rank #2 (Buy).