About Microchip Technology Inc

Microchip Technology Incorporated develops, manufactures and sells smart, connected and secure embedded control solutions used by the company’s customers for a wide variety of applications. The company’s broad product portfolio is a Total System Solution (TSS) for the company’s customers that can provide a large portion of the silicon requirements in their applications. TSS is a combination of hardware, software and services, which help the company’s customers increase their revenue and manage their risks compared to other solutions. The company’s synergistic product portfolio empowers disruptive growth trends, including 5G, data centers, sustainability, Internet of Things (IoT) and edge computing, advanced driver assist systems (ADAS) and autonomous driving, and electric vehicles, in key end markets, such as automotive, aerospace and defense, communications, consumer appliances, data centers and computing, and industrial. Products The company’s strategic focus is on providing embedded control solutions that also offer the advantages of small size, high performance, extreme low power usage, wide voltage range operation, mixed-signal integration, and ease of development, thus enabling timely and cost-effective integration of the company’s solutions by its customers in their end products. Mixed-signal Microcontrollers The company offers a broad family of proprietary general purpose mixed-signal microcontroller products, with significant analog and mixed-signal functionality incorporated within them, which are marketed under multiple brand names. The company’s mixed-signal microcontroller product families provide leading function and performance characteristics in the worldwide market. The company targets the 8-bit, 16-bit, and 32-bit mixed-signal microcontroller and 32-bit embedded mixed-signal microprocessor markets. The company also offers specialized mixed-signal microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity and wireless connectivity applications. The company leverages its circuit design, process technologies, development tools, applications knowledge, and manufacturing experiences to enable the company’s customers to implement various embedded control functions in their end systems with the company’s mixed-signal microcontrollers. Analog The company’s analog product line consists of several families, including power management, linear, mixed-signal, high voltage, thermal management, discrete diodes and MOSFETS, RF, drivers, safety, security, timing, USB, ethernet, wireless and other interface products. The company markets and sells its analog product line into its mixed-signal microcontroller, microprocessor and FPGA customer base; and to customers who use mixed-signal microcontrollers and FPGA products from other suppliers and to customers who use other products that may not fit the company’s traditional mixed-signal microcontroller, FPGA and memory products customer base. Other The company’s other product line includes FPGA products, royalties associated with licenses for the use of the company’s SuperFlash and other technologies, sales of the company’s intellectual property, fees for engineering services, memory products, timing systems, manufacturing services (wafer foundry and assembly and test subcontracting), legacy application specific integrated circuits, and products for aerospace applications. The company’s FPGA products were primarily acquired as a part of the company’s acquisition of Microsemi Corporation (Microsemi) in May 2018. The company’s portfolio of non-volatile FPGAs is recognized for their low power, high security and extended reliability. The company markets and sells its FPGA products and related solutions into a broad range of applications within the industrial, automotive, defense, aviation, space and communications markets. The company’s technology licensing business generates license fees and royalties associated with technology licenses for the use of the company’s SuperFlash embedded flash and other technologies. The company also generates fees for engineering services related to these technologies. The company licenses its Non-Volatile Memory technologies to foundries, integrated device manufacturers and design partners throughout the world for use in the manufacture of their advanced mixed-signal microcontroller products, gate array, RF, analog and neuromorphic compute products that require embedded non-volatile memory. The company’s memory products consist of EEPROMs, Serial Flash memories, Parallel Flash memories, Serial SRAM memories and EERAMs. Serial EEPROMs, Serial Flash memories, Serial SRAMs and EERAMs have a very low I/O pin requirement, permitting production of very small footprint devices. The company sells its memory products primarily into the embedded control market, complementing the company’s mixed-signal microcontroller offerings. Development Tools The company offers a comprehensive set of low-cost and easy-to-learn application development tools. These tools enable system designers to quickly and easily program the company’s mixed-signal microcontroller, FPGA and microprocessor products for specific applications. The company’s family of development tools for its mixed-signal microcontroller, FPGA and microprocessor products range from entry-level systems, which include an assembler or a compiler and programmer or in-circuit debugging hardware, to fully configured systems that provide in-circuit emulation capability. The company also offers a complete suite of compilers, software code configurators and simulators. Customers moving from entry-level designs to those requiring real-time emulation are able to preserve their investment in learning and tools as they migrate to future mixed-signal microcontroller devices in the company’s portfolio. Many independent companies also develop and market application development tools that support the company’s mixed-signal microcontroller and microprocessor product architectures, including an extensive amount of third-party tool suppliers whose products support the company’s mixed-signal microcontroller architectures. These development tools allow design engineers to develop thousands of application-specific products from the company’s standard mixed-signal microcontrollers. Manufacturing The company complies with several quality systems, including: ISO9001 (2015 version), IATF16949 (2016 version), AS9100 (2016 version), and TL9000. Sales and Distribution The company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors. The company’s direct sales force focuses on a wide variety of strategic accounts in three geographical markets: the Americas, Europe and Asia. The company maintains sales and technical support centers in major metropolitan areas in all three geographic markets. The company’s licensing division has dedicated sales, technology, design, product, test and reliability personnel that support the requirements of the company’s licensees. Distribution The company’s distributors focus primarily on servicing the product requirements of a broad base of diverse customers. The company’s largest distributor, Arrow Electronics, made up 11% of the company’s net sales in the year ended March 31, 2023. Patents, Licenses and Trademarks The company maintains a portfolio of the U.S. and foreign patents, expiring on various dates from 2023 through 2042. The company also has numerous additional U.S. and foreign patent applications pending. Research and Development The company’s research and development expenses were $1.12 billion for the year ended March 31, 2023. History Microchip Technology Incorporated was founded in 1989. The company was incorporated in Delaware in 1989.