), an original equipment manufacturer (OEM) of a broad range of
high-reliability and analog/mixed signal integrated circuits,
announced the launch of flash memory products which can withstand
high temperature while drilling into the surface of the Earth for
oil and gas.
Microsemi's new NOR flash products are tailor-made for
drilling as they can withstand temperatures of 150°C and more.
They also provide the requisite endurance benefits to systems
designers. The product can withstand extreme temperatures, shock
and vibration encountered by drilling equipment deep down below
The oil and gas industry is going through a period of
fundamental change. The challenges of meeting the growing global
demand for energy against naturally declining production and
reserves from existing fields are significant. In order to meet
these challenges, the industry is now turning to unexplored
Workers face constant challenges like breakdown of machineries
due to malfunctions in the microelectronics used in drilling
equipment when they are exposed to extreme environments. Thus,
Microsemi's new products that are specially designed for drilling
activities may provide the requisite solutions to workers.
Microsemi's revenues in the first quarter of 2013 were $247.6
million, down 5.9% sequentially but up 2.8% year over year.
The defense, aerospace and medical markets are the biggest
consumers of Microsemi's high reliability chips, while other
markets use its analog/mixed signal products.
Microsemi has a Zacks Rank #4 (Sell). However, not all
semiconductor companies are in the doldrums. A few that are
currently doing well include
MagnaChip Semiconductor Corp.
Silicon Laboratories Inc.
). All MagnaChip, NXP semiconductor and Silicon carry a Zacks
Rank #1 (Strong Buy).
MICROSEMI CORP (MSCC): Free Stock Analysis
MAGNACHIP SEMI (MX): Free Stock Analysis
NXP SEMICONDUCT (NXPI): Free Stock Analysis
SILICON LAB INC (SLAB): Free Stock Analysis
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