Back to top

Analyst Blog

Zacks Equity Research

Atmel Unveils Automotive Controllers

ATML

 ZacksTrade Now

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Atmel Corporation (ATML - Analyst Report) recently launched new automotive-qualified maXTouch controllers, which can be used in car control systems. 

These controllers offer smartphone experience to contemporary cars, even for drivers wearing gloves.
 
These new controllers are designed for small automotive touchscreens and touchpads up to 7 inches in diameter such as center stack displays, navigation systems, radio human-machine interfaces (HMIs) and rear-seat entertainment systems.
 
These controllers not only expand Atmel’s portfolio of maXTouch automotive-qualified devices, but also complement Atmel’s ever expanding suite of automotive-qualified touchscreen controllers that support screens/pads from 2 to 12 inches in diameter. 
 
With the acquisition of Quantum in 2008, the company developed numerous new products for the fast-growing capacitive touch sensing market. Touch-sensing technology is the fastest growing area in Atmel's microcontroller business and is expected to be a major growth driver in the coming quarters.
 
These new automotive-qualified maXTouch devices further strengthen Atmel’s position as the leading touch innovator and supplier. 
 
Earlier, Atmel introduced its latest SAM4L family of devices. Atmel’s newly-introduced product will be engaged in optimizing the efficacy of its ARM Cortex-M4 processor-based microcontrollers (MCUs) through minimizing the overall power consumption process.
 
The company’s newest SAM4L family is claimed to be the first MCUs in the industry to offer the lowest power consumption facility along with maximum application performance. The latest MCUs are embedded with picoPower technology and provide various types of services such as SleepWalking, Peripheral Event System, unmatched wake-up times and intelligent peripherals.
 
Microcontrollers are poised to grow significantly due to their versatile application in various end markets, such as communications, industrial, automotive, computer and consumer. Atmel is in the process of transforming itself into a purely microcontroller-based company, which it believes will improve its cost structure and unlock value. 
 
We continue to maintain a Neutral recommendation on Atmel Corporation. Our recommendation is supported by a Zacks #3 Rank, which translates into a short-term rating of Hold.

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

Learn more

Start for as little as $4.50 per trade.

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
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E HOUSECHINA EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTERNATIONA ICAGY 33.30 +5.38%