“SMSC has a long history of supporting USB standards in its USB hub controllers, Flash media card readers and USB transceivers,” said Christine King, President & Chief Executive Officer of SMSC. “With over 150 million SMSC USB devices sold to date, it’s important to note that we have been a key contributor to the successful deployment of high-performance USB connectivity. As we incorporate performance and power enhancements that USB 3.0 enables, electronics manufacturers can count on SMSC to create highly integrated components delivering on the promise of USB 3.0.”
As high-definition digital content becomes more common, the need for a high-performance “sync-and-go” technology becomes ever more important in storage, video and multimedia electronics applications. SuperSpeed USB targets data transfer rates up to 10 times faster than Hi-Speed USB 2.0 which will greatly improve the end user experience while transferring large files between applications. With a focus on performance, programmability and integration, SMSC plans to build upon its leadership position in USB to deliver SuperSpeed USB 3.0 solutions that break this pending USB 2.0 bandwidth bottleneck in target applications that include digital TVs, printers, monitors, PCs, gaming consoles, digital still and video cameras, smart phones and other embedded and consumer applications.
“The approval and availability of the USB 3.0 specification is a first step to future adoption of this technology in consumer electronics,” said Brian O’Rourke, Principal Analyst, Multimedia Group, In-Stat. “To reach full market penetration in the coming years, it is important for suppliers to implement development programs now.”
USB technology was first implemented in 1998; since that time, billions of USB-enable devices have been sold.
About SMSC:
Many of the world’s most successful global technology companies rely upon SMSC as a go-to resource for semiconductor system solutions that span analog, digital and mixed-signal technologies. Leveraging substantial intellectual property, integration expertise and a comprehensive global infrastructure, SMSC solves design challenges and delivers performance, space, cost and time-to-market advantages to its customers. SMSC’s application focus targets key vertical markets including consumer electronics, automotive infotainment, PC and industrial applications. The Company has developed leadership positions in its select markets by providing application specific solutions such as mixed-signal embedded controllers, non-PCI Ethernet, ARCNET, MOST® and Hi-Speed USB.
SMSC is headquartered in Hauppauge, New York with operations in North America, Asia and Europe. Engineering design centers are located in Arizona, New York, Texas and Karlsruhe, Germany. Additional information is available at www.smsc.com.
Forward Looking Statements:
Except for historical information contained herein, the matters discussed in this announcement are forward-looking statements about expected future events and financial and operating results that involve risks and uncertainties. These uncertainties may cause our actual future results to be materially different from those discussed in forward-looking statements. Our risks and uncertainties include the timely development and market acceptance of new products; the impact of competitive products and pricing; our ability to procure capacity from our suppliers and the timely performance of their obligations, the effects of changing economic conditions domestically and internationally and on our customers; our relationships with and dependence on customers and growth rates in the personal computer, consumer electronics and embedded and automotive markets and within our sales channel; changes in customer order patterns, including order cancellations or reduced bookings; the effects of tariff, import and currency regulation; potential or actual litigation; and excess or obsolete inventory and variations in inventory valuation, among others. In addition, SMSC competes in the semiconductor industry, which has historically been characterized by intense competition, rapid technological change, cyclical market patterns, price erosion and periods of mismatched supply and demand.
Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures. All forward-looking statements speak only as of the date hereof and are based upon the information available to SMSC at this time. Such statements are subject to change, and the Company does not undertake to update such statements, except to the extent required under applicable law and regulation. These and other risks and uncertainties, including potential liability resulting from pending or future litigation, are detailed from time to time in the Company's reports filed with the SEC. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled “Other Factors That May Affect Future Operating Results” or “Risk Factors” for a more complete discussion of these and other risks and uncertainties.
SMSC and MOST are registered trademarks of Standard Microsystems Corporation. Product names and company names are trademarks of their respective holders.
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