cypress semiconductor corp (CY) Key Developments
Cypress Semiconductor Corp. Introduces Two Highly Integrated, Single-Chip Bluetooth Low Energy Solutions
Nov 11 14
Cypress Semiconductor Corp. introduced two highly integrated, single-chip Bluetooth(R) Low Energy solutions that simplify design of low-power, sensor-based systems for the Internet of Things. The new PSoC(R) 4 BLE Programmable System-on-Chip delivers unprecedented ease-of-use and integration in a customizable solution for IoT applications, home automation, healthcare equipment, sports and fitness monitors, and other wearable smart devices. The PRoC(TM) BLE Programmable Radio-on-Chip provides a cost-effective turnkey solution for wireless Human Interface Devices (HIDs), remote controls and applications requiring pure play wireless connectivity. The Cypress Bluetooth Low Energy solutions enable complete systems by integrating a Bluetooth Smart radio, a high-performance 32-bit ARM(R) Cortex(TM)-M0 core with ultra-low-power modes, programmable analog blocks, and Cypress's CapSense(R) capacitive touch-sensing functionality. This combination of technology delivers unmatched system value for Bluetooth Smart products, with prolonged battery life, customizable sensing capabilities, and sleek, intuitive user interfaces. Cypress is demonstrating the solutions in Hall A5, Stand 520 at Electronica.
Cypress and Icron Technologies Announce Joint Interoperability for USB 3.0 Controllers and Active Cable Extension
Nov 3 14
Cypress Semiconductor Corp. and Icron Technologies Corp. announced the completion of successful interoperability testing between both Cypress's EZ-USB FX3(TM) USB 3.0 peripheral controller and EZ-USB CX3(TM) camera controller and Icron's USB 3.0 Spectra(TM) 3001-15 active copper extension cable. Icron will demonstrate the solution at the VISION trade show in Stuttgart, Germany in Hall 1 booth I65 from November 4-6, 2014. USB 3.0 is gaining popularity in machine vision and industrial cameras and its 5-Gbps bandwidth that enables high-resolution, high-frame-rate imaging in real time without the need for compression, which degrades image quality. However, USB 3.0 currently has a maximum cable length of approximately 3 meters, and many vision applications require longer distances between the host computer and the camera. Icron's Spectra 3001-15 bus-powered copper cable extends USB 3.0 performance to 15 meters, allowing Cypress USB 3.0 solutions to be easily and cost effectively deployed across a wider range of machine vision and industrial applications. The active cable provides a full 5V, 900mA of current and includes Icron's ExtremeUSB(R) suite of features such as transparent USB extension, true plug-and-play (no software drivers) and compatibility with all major operating systems including Windows(R) 8. The FX3 is equipped with a highly configurable General Programmable Interface (GPIF(TM) II) which can be programmed in 8-, 16- and 32-bit configurations. GPIF II allows FX3 to communicate directly with application processors, FPGAs, and image sensors and provides a data transfer rate at up to 400 Megabytes per second. The CX3 controller supports the Mobile Industry Processor Interface (MIPI) Camera Serial Interface Type 2 (CSI-2) standard with up to 4 lanes at speed up to 1 Gbps per lane. CX3 interfaces directly with any MIPI CSI-2 compliant image sensor or image processor. CX3 is capable of steaming 1080p video at 30 frames a second or 720p 60 fps without the need for compression. Both FX3 and CX3 come with an ARM9 CPU and 512KB SRAM, providing 200 MIPS of computational power for image processing and buffering.
Cypress Semiconductor Corporation Presents at RBC Capital Markets' Technology, Internet, Media & Telecommunications Conference, Nov-11-2014 03:00 PM
Oct 30 14
Cypress Semiconductor Corporation Presents at RBC Capital Markets' Technology, Internet, Media & Telecommunications Conference, Nov-11-2014 03:00 PM. Venue: Westin Times Square, 270 West 43rd Street, New York, New York, United States. Speakers: Thad Trent, Chief Financial Officer and Executive Vice President of Finance & Administration.
Cypress Semiconductor Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Cash Flow Results for the Nine Months Ended September 28, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014
Oct 16 14
Cypress Semiconductor Corporation announced unaudited consolidated earnings results for the third quarter and cash flow results for the nine months ended September 28, 2014. For the quarter, the company reported revenues of $187,516,000 compared to $188,723,000 for the same period a year ago. Operating income was $15,675,000 compared to operating loss of $9,989,000 for the same period a year ago. Income before income taxes was $13,785,000 compared to loss before income taxes of $9,562,000 for the same period a year ago. Income net of taxes was $12,554,000 compared to loss net of taxes of $8,788,000 for the same period a year ago. Net income attributable to the company was $12,840,000 or $0.08 per basic and diluted share compared to net loss attributable to the company of $8,358,000 or $0.06 per basic and diluted share for the same period a year ago. Non-GAAP operating income was $29,325,000 compared to $25,113,000 for the same period a year ago. Non-GAAP pretax profit was $28,101,000 compared to $23,680,000 for the same period a year ago. Non-GAAP net income attributable to the company was $26,538,000 or $0.16 per basic and diluted share compared to net income attributable to the company of $22,015,000 or $0.14 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $8,322,000 compared to $7,905,000 for the same period a year ago. Capital expenditures were $5,800,000 compared to $10,808,000 for the same period a year ago.
For the nine months, the company reported net cash provided by operating activities was $77,822,000 compared to $46,525,000 for the same period a year ago. Capital expenditures were $17,178,000 compared to $27,877,000 for the same period a year ago.
The company provided earnings guidance for the fourth quarter of 2014. The company expects revenue to be slightly better-than-normal seasonality and decline 1% to 4%, in the range of $180 million to $185 million. The company expects continued softness in its handset customers and seasonality in the distribution channel. Consolidated gross margins to be 53%, plus or minus, as this will vary with utilization, product and customer mix. On the OpEx side, the company will continue its focus to remain flat at $71 million for the quarter. Net interest expense of approximately $1.4 million and minority interest benefit of approximately $300,000 associated with its subsidiaries. The company expects a tax expense of approximately $1.6 million or 6.5% effective tax rate. CapEx will be in the range of $7 million and depreciation of $10 million. Non-GAAP earnings per share are expected to be in the range of $0.13 to $0.15 for the quarter.
Cypress Semiconductor Corporation Announces New Features of its TrueTouch Gen5 Touchscreen Controller
Oct 13 14
Cypress Semiconductor Corporation announced that its TrueTouch Gen5 touchscreen controller family for large-screen superphones, smartphones, tablets and e-readers now delivers multiple new advanced features, including the gloved-finger tracking on capacitive touchscreens. The TMA568 controller has also added "hover" support, which enables touchscreens to anticipate the touch of a finger and enlarge content, such as points on a map, to make it easier to find and select objects. The new features add to the TMA568 controller's noise-immunity, waterproofing and palm rejection technology. The Gen5 TMA568 controller delivers good accuracy and linearity for multiple fingers of different sizes and gloves of various materials and thicknesses, including ski gloves. In addition, it automatically switches between glove and finger tracking without requiring the user to change settings. The controller's hover detection changes the fundamental navigation functions on mobile devices by emulating the 'mouseover' feature of personal computers, delivering easier, more accurate interface navigation. TMA568 now also offers improved passive stylus support, accurately capturing 1-mm stylus input for handwriting and signatures. This capability is important for writing in languages that require enhanced character recognition for reliable text input, such as Chinese and Japanese. The controller delivers a high degree of accuracy and linearity, along with the fast refresh rates required for handwriting and signature capture. Cypress's unique and patented DualSense technology executes both self-capacitance and mutual-capacitance measurements in the same device, enabling the Gen5 family to offer good waterproofing for seamless performance in real-world conditions. By combining this powerful architecture with an 32-bit ARM(R) Cortex M-Core processor, Gen5 controllers boast 120-Hz refresh rates, and averages low power consumption of 12 mW in active mode and 15 uW in deep-sleep mode. Gen5 controllers drive the touchscreen at 10V and at high frequency with narrow-band, single-pass scanning and advanced hardware DSP filtering. The family's unmatched noise immunity enables designers of next-generation handsets to implement ultra-thin, display-integrated stackups, including In-Cell, On-Cell, & direct lamination onto a noisy display. The result will be thinner, sleeker end products with a flawless user experience. The TrueTouch TMA568 controller is now available in 56-pin QFN and 70-ball BGA packages.