Tech Stocks Alerts! ON Semiconductor Corp (ON), Microchip Technology Inc. (MCHP)
Shares of ON Semiconductor Corp (NASDAQ:ON) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.08% at $11.82 with 2.21 million shares getting traded. Post opening the session at $11.80, the shares hit an intraday low of $11.70 and an intraday high of $11.87 and the price vacillated in this range throughout the day. The company has a market cap of $4.91 billion and the numbers of outstanding shares have been calculated to be 415.55 million shares.
ON Semiconductor Corp (ON) has drawn on its extensive expertise in image sensor technology to help support Silicon Valley start-up Light. The company has provided Light with key imaging hardware for its game-changing L16 camera solution, which utilizes advanced computational processing to set new performance benchmarks.
ON Semiconductor recognized very early on that there would be an adoption of a multi-sensor approach to imaging within the consumer imaging markets. This has now been validated, with several dual camera systems. The Light L16 takes this trend much further, employing 16 image sensors that are distributed across the front surface of the camera to present the user with a light capture area equal to, or even exceeding, that of many digital single lens reflex (DSLR) cameras currently on the market. The L16 thereby enables dramatic improvements in resolution and optical zoom, while remaining aligned with the streamlined form factors of the handsets.
Shares of Microchip Technology Inc. (NASDAQ:MCHP) ended Friday session in red amid volatile trading. The shares closed down -0.21 points or -0.35% at $59.50 with 1.00 million shares getting traded. Post opening the session at $59.41, the shares hit an intraday low of $58.79 and an intraday high of $59.66 and the price vacillated in this range throughout the day. The company has a market cap of $12.81 billion and the numbers of outstanding shares have been calculated to be 215.29 million shares.
Microchip Technology Inc. (MCHP) announced the availability of the DSC6000 family of Micro-Electro-Mechanical Systems (MEMS) oscillators. The new family is the industry’s smallest MEMS MHz oscillator with the lowest power consumption over full frequency range of 2KHz to 100MHz.
The DSC6000 MEMS oscillators are excellent choices for use as clock references in small, battery-powered devices such as wearables and Internet of Things (IoT) devices in which small size, low power consumption, and long-term reliability are paramount. They also meet the stringent mechanical durability and reliability requirements within Automotive Electronics Council standard Q100 (AEC-Q100), so they are well suited for under-hood applications as well.
Microchip’s DSC6000 oscillators are housed in industry standard 4-pin DFN packages ranging from as small as 1.6 x 1.2 mm up to 7 x 5 mm, and consume just 1.3 mA (typical) — less than half the current consumption of the lowest power quartz-based oscillators. They also have a maximum operating temperature range of -40 degree Celsius to +85 degree Celsius and +/-25 ppm maximum drift over this range. They can sustain 500 times more shock and five times more vibration than a quartz oscillator, ensuring rock-solid stability in most operating environments.