Microchip Technology Inc - Company Profile
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Microchip Technology Inc (Microchip) develops, sells and manufactures specialized semiconductor products. Its product portfolio includes synchronization and timing systems, touch and gesture, wireless connectivity, power over ethernet, security ICs, sensors and motor drive, smart energy/metering, storage, clock and timing, data converters, embedded controllers and super I/O, FPGAs and PLDs, high-speed networking, microcontrollers and microprocessors, analog, amplifiers and linear ICs, interface and connectivity, led drivers and backlighting, memory products, power management products. It also licenses flash-IP solutions that are incorporated in a broad range of products. Its solutions find applications in automotive, aerospace, defense, space, communications, computing, consumer and industrial control markets. The company has business presence in across Americas, Asia and Europe. Microchip is headquartered in Chandler, Arizona, the US.
Headquarters
United States of America
Address
2355 West Chandler Boulevard, Arizona, 85224
Website
www.microchip.com
Telephone
1 480 7927200
No of Employees
22,600
Industry
Technology and Communications
Ticker Symbol & Exchange
MCHP (NASD)
Revenue (2022)
$8.4B
23.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
74.1%
(2022 vs 2021)
Market Cap*
$46.0B
Net Profit Margin (2022)
XYZ
40.7%
(2022 vs 2021)
* As of and is in US$
Microchip Technology Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Microcontrollers and Microprocessors | Services |
| Amplifiers and Linear ICs | Synchronization Services |
| Analog | Rugged Power Supply Design |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired VSI Co. Ltd. |
| 2024 | New Products/Services | In April, the company introduced the AVR DU family of microcontrollers. |
| 2024 | Contracts/Agreements | In April, the company extended its partnership with TSMC to enable a 40 nm manufacturing capacity at Japan Advanced Semiconductor Manufacturing, Inc in Kumamoto Prefecture, Japan. |
Competitor Comparison
| Key Parameters | Microchip Technology Inc | Texas Instruments Inc | STMicroelectronics NV | ON Semiconductor Corp | Marvell Technology Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Netherlands | United States of America | United States of America |
| City | Chandler | Dallas | Schiphol | Scottsdale | Wilmington |
| State/Province | Arizona | Texas | - | Arizona | Delaware |
| No. of Employees | 22,600 | 34,000 | 51,323 | 30,000 | 7,418 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steve Sanghi | Chairman | Executive Board | 2021 | 67 |
| Ganesh Moorthy | Director; Chief Executive Officer; President | Executive Board | 2021 | 63 |
| Rich Simoncic | Chief Operating Officer | Senior Management | 2024 | - |
| Thomas J. Grune | Vice President - Americas Sales | Senior Management | - | - |
| Matthias Kaestner | Vice President - Automotive | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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