Company Summary
Headquarters in Austin, TX, Cirrus Logic is a fabless semiconductor supplier, which develops, manufactures and markets analog, mixed-signal, and audio DSP integrated circuits (ICs).
The company’s chips are used in a wide range of industrial and consumer markets including portable and non-portable media players, smartphones, tablets, home-theater receivers, automotive entertainment systems, televisions, docking stations, as well as wearables which includes, smart watches, action cameras, smart bands and VR headsets.
Apart from this, its mixed-signal converter chips are used in energy-related applications such as digital utility meter and LED controllers for the incandescent light-bulb replacement market.
In fiscal 2023, Cirrus Logic’s revenues logged $1.9 billion.
The company has two reportable segments – Audio and High-Performance Mixed-Signal.
Audio product lines include smart codecs, analog-to-digital converters, digital-to-analog converters, boosted amplifiers and standalone digital signal processors.
High-Performance Mixed-Signal products include haptic driver and sensing solutions, camera controllers and power-related components.
Audio products represented 61.2% of fiscal 2023 revenues while High-Performance Mixed-Signal products made up the remaining 38.8%.
Cirrus Logic sells products through both — direct and indirect sales channels. The company’s list of customers includes worlds’ leading electronic manufacturers. Notably, Apple Inc. is the company’s largest customer representing nearly 83% of its fiscal 2023 sales.
Some of the company’s primary competitors include AAC Technologies, AKM Semiconductor, Analog Devices, ams AG, Dialog Semiconductor, DSP Group, ESS Technology, GoerTek, Infineon Technologies, Knowles, Maxim Integrated Products, NXP Semiconductors, Qualcomm, Realtek Semiconductor, Skyworks Solutions, ST Microelectronics, Synaptics and Texas Instruments.
As of Mar 25, 2023, the company employees more than 1,702 people globally.