May 21, 2013
Cypress Semiconductor Corporation makes the processors and chips that go into computers, phones, and other integrated electronic devices. Cypress' product portfolio has two segments. First, there are commodity products for timing and communication - an example is a USB controller integrated into a mouse or a digital camera, allowing communication between the device and a computer. Cypress also sells newer programmable chips that can conduct multiple tasks at lower cost since they combine functionalities spread across multiple chips.[1] These newer devices can compute and communicate for devices such as mp3 players, laptop computers, and other household appliances. The majority of Cypress' revenues still come from the legacy business, although the company's focus is to develop the higher-margin programmable chip business.
While CY was a majority holder of SunPower (SPWRA), it completed a spin-off of the company in late 2008.[2]
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) - Business Overview
- Business & Financial Metrics[3]
- Business Segments[4]
- Consumer and Computations Division (41.2% of total revenues)
- Data Communication Division (14.5% of total revenues)
- Memory Product Division (43.2% of total revenues)
- Emerging Technologies and Other (1.2% of total revenues)
- Key Trends & Forces
- Trend of device integration will grow the programmable chip business
- Semiconductor cyclicality is a constant risk for Cypress
- Silicon Prices are a major input to CY's cost structure
- Competition
- Semiconductor Firms
- References