), an original equipment manufacturer (OEM) of a broad range of
high-reliability and analog/mixed signal integrated circuits has
announced the shipment of its SmartFusion2 SoC field programmable
gate array (FPGA).
Additionally, the company announced the availability of the
SmartFusion2 development kit, which features SmartFusion2
M2S050T-FGG896 SoC FPGA with 56K logic element, 256Kbit eNVM,
1.5Mbit SRAM and additional distributed SRAM in the FPGA fabric;
IEEE 1588 and Synchronous Ethernet packet clock network
synchronizer; PD70201 PoE; up to 47.7W of power; precision ADC;
512 MB of DDR3 memory on-board, 256 MB for ECC, 16MB of SDRAM;
eMMC and 4GB NAND flash memory; SPI flash and 8MB modules.
FPGAs are semiconductor devices that allow
programming/reprogramming even after the device has been
installed. This flexibility makes the devices more expensive
compared to regular programmable logic devices (PLDs), so their
use is relatively restricted.
System on Chips or SOCs are integrated circuits that
incorporate programmable logic, temperature or power sensing and
management plus communication functions into a single, low-power
Microsemi had developed its SmartFusion2 SoC FPGA keeping in
mind the vital requirements of industry manufacturers -- such as
security, power efficiency and speed at the lowest possible cost
for each application. Since the introduction of SmartFusion2 in
October last year, the device has been widely accepted by
customers in the communications, industrial and defense markets
where accurate, reliable and flawless results are vital.
The SmartFusion2 SoC FPGA can be used in a wide range of
applications such as flight data recorders, weapons systems,
defibrillators, handheld radios, communications management
systems and industrial motor control. Management stated that
early availability of SoC development tools, production-qualified
devices and the accompanying development kit will speed up the
entire manufacturing process, allowing customers to increase
their volumes without any delay.
According to a Research and Markets report, the global FPGA
market is poised to grow at a compounded annual growth rate
(CAGR) of 10.4% from 2011 to 2015 driven by the growing demand
for customizable integrated circuits (ICs).
Demand for FPGAs are increasing since they allow increased
flexibility when creating designs and enable electronic device
manufacturing companies to minimize their research and
development (R&D) costs. This can prove to be a long-term
growth driver for Microsemi.
Microsemi's revenues in the second quarter of fiscal 2013 were
$235.3 million, down 5.0% sequentially and 5.6% year over year.
However, adjusted earnings per share came in at 32 cents, beating
the Zacks Consensus Estimate by 2 cents or 6.7%.
Microsemi has a Zacks Rank #3 (Hold). Other stocks that have
been performing well and are worth a look include
), all carrying a Zacks Rank #2 (Buy).
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