Back to top

Analyst Blog

Atmel Corporation (ATML - Analyst Report) recently launched mXT336S and mXT224S devices under its maXTouch family of controllers. The new devices meet current automotive design requirements, enabling single-layer shieldless designs in automotive center stacks, navigation systems, radio interfaces and rear seat entertainment systems.

Atmel is increasingly focusing on its core microcontroller business as it aims to target high-growth businesses. These controllers deliver high performance and lower power consumption. These are also claimed to be more effective than other available variants in the market.

The new maXTouch devices feature high signal-to-noise ratio, which improves its performance in a noisy environment. This enables designers to use single-layer sensors instead of dual or triple layers; thus reducing costs while achieving higher yields of production. The devices also offer the advantage of gloved-hand operation on automotive touchscreens.

The fast growing touch-sensing technology is one of the major growth drivers for Atmel's microcontroller business. The phenomenal growth of microcontrollers is led by a widespread adoption of touchscreens and touchpads. The new product line of Atmel is an initiative to capitalize on this growing market.

Based in San Jose, Calif., Atmel designs, develops, manufactures and sells integrated circuit (IC) products. These products include microcontrollers, advanced logic, mixed-signal, non-volatile memory and radio frequency (RF) components. Atmel produces non-volatile memory that stores information after power is turned off and combines this with microcontrollers, digital signal processors and other logic to meet the needs of its customers.

Atmel currently has a Zacks Rank #4 (Sell). Other stocks that look promising and are worth considering in the industry are Diodes Incorporated (DIOD - Snapshot Report), Integrated Device Technology, Inc (IDTI - Snapshot Report) and OmniVision Technologies, Inc (OVTI - Analyst Report), each carrying a Zacks Rank #1 ( Strong Buy).
 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UTD THERAPE… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%