{"id":400036,"date":"2020-12-15T09:08:09","date_gmt":"2020-12-15T14:08:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400036"},"modified":"2020-12-15T09:08:09","modified_gmt":"2020-12-15T14:08:09","slug":"sitime-continues-leadership-in-mems-timing-market-with-2-billion-units-shipped","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sitime-continues-leadership-in-mems-timing-market-with-2-billion-units-shipped\/","title":{"rendered":"SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped"},"content":{"rendered":"

<\/p>\n

SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped<\/b><\/p>\n

Adds Industry Veterans to Leadership Team for Future Growth<\/i><\/p>\n

SANTA CLARA, Calif.–(BUSINESS WIRE<\/a>)–SiTime Corporation<\/a> (NASDAQ: SITM), a market leader in MEMS timing, today announced that it has cumulatively shipped 2 billion units of its silicon MEMS timing solutions.\n<\/p>\n

\nOver a decade ago, SiTime saw the opportunity to siliconize the timing industry. New electronics, driven by the consumer\u2019s need for omnipresent connectivity and faster data speeds, needed more stringent timing, especially in harsh environmental conditions, which current technologies could not deliver. Applications such as 5G, cloud, automated driving, and IoT emerged, and the need for SiTime solutions grew rapidly. Today, SiTime is the only company that is solely focused on timing and has overcome the challenges of delivering high-reliability timing solutions in high volume.\n<\/p>\n

\n\u201cI\u2019m very proud of the SiTime team that has dedicated years of focus, passion, and commitment to success to deliver this significant milestone,\u201d said Rajesh Vashist, CEO of SiTime. \u201cAs the world becomes more connected, precision timing will play a critical role in 5G, cloud, automotive, and IoT applications. SiTime will continue to provide differentiated timing solutions for these applications and deliver value to our customers.\u201d\n<\/p>\n

\n\u201cWe\u2019ve expanded our executive team with industry leaders who have delivered success in adverse conditions,\u201d continued Vashist. \u201cEarlier this year, Vince Pangrazio joined SiTime as EVP and Chief Legal Officer. More recently, Atul Shingal joins us as EVP of Operations, and Fari Assaderaghi returns to SiTime as EVP of Technology and Engineering. We look forward to their meaningful contributions to the future of SiTime.\u201d\n<\/p>\n

Vince Pangrazio \u2013 EVP, Chief Legal Officer, and Corporate Secretary<\/b><\/p>\n

\nVince brings over 25 years of senior legal management experience to SiTime. In the past, Vince was an executive at Cavium, Inc., where he was responsible for the legal, compliance, IT, and facilities functions and was part of the senior management team that sold it to Marvell for $6 billion. Prior to Cavium, Vince was a partner at Cooley. View full profile<\/a>.\n<\/p>\n

Atul Shingal \u2013 EVP of Operations<\/b><\/p>\n

\nAtul brings 35 years of leadership in operations, test, product, package engineering, and quality management to SiTime. Atul joins SiTime from Qorvo and Cavendish Kinetics, where he was EVP of Operations since 2011. Prior to Qorvo, Atul was VP of Operations at Inphi Corporation. View full profile<\/a>.\n<\/p>\n

Fari Assaderaghi \u2013 EVP, Technology and Engineering<\/b><\/p>\n

\nFari brings over 25 years of senior technology and engineering experience to SiTime, including being Senior VP of Engineering and Operations from 2008 to 2012. Between 2012 and 2020, Fari was Vice President, Advanced Technology Development at TDK Invensense and SVP of Innovation and Advanced Technologies at NXP. View full profile<\/a>.\n<\/p>\n

About SiTime <\/b><\/p>\n

\nSiTime Corporation is a market leader in silicon MEMS timing. Our programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With over 2 billion devices shipped, SiTime is changing the timing industry. For more information, visit https:\/\/www.sitime.com\/<\/a>.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215005450\/en\/<\/a><\/span><\/p>\n

\nGreen Flash Media for SiTime
\n
Jeremy Hyatt
\n
pr@gflashmedia.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Hardware Semiconductor Consumer Electronics<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped Adds Industry Veterans to Leadership Team for Future Growth SANTA CLARA, Calif.–(BUSINESS WIRE)–SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced that it has cumulatively shipped 2 billion units of its silicon MEMS timing solutions. Over a decade ago, SiTime saw the opportunity to siliconize the timing industry. New electronics, driven by the consumer\u2019s need for omnipresent connectivity and faster data speeds, needed more stringent timing, especially in harsh environmental conditions, which current technologies could not deliver. Applications such as 5G, cloud, automated driving, and IoT emerged, and the need for SiTime solutions grew rapidly. Today, SiTime is the only company that is solely focused … <\/p>\n

Continue reading “SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400036","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sitime-continues-leadership-in-mems-timing-market-with-2-billion-units-shipped\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SiTime Continues Leadership in MEMS Timing Market with 2 Billion Units Shipped Adds Industry Veterans to Leadership Team for Future Growth SANTA CLARA, Calif.–(BUSINESS WIRE)–SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced that it has cumulatively shipped 2 billion units of its silicon MEMS timing solutions. Over a decade ago, SiTime saw the opportunity to siliconize the timing industry. New electronics, driven by the consumer\u2019s need for omnipresent connectivity and faster data speeds, needed more stringent timing, especially in harsh environmental conditions, which current technologies could not deliver. Applications such as 5G, cloud, automated driving, and IoT emerged, and the need for SiTime solutions grew rapidly. 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