Microchip Technology Inc. (MCHP - Free Report) recently announced the expansion of its programmable USB port power controller portfolio with the introduction of three-member UCS100X family.
The company launched the world’s first programmable USB port power controllers for active connectors and 12W charging. These new power controllers are well suited for devices including laptops, tablets, and monitors, docking stations and printers as well as dedicated AC-DC power-supply and charging products.
The new USB port power controllers—the UCS1001-3, UCS1001-4 and UCS1002-2— are a product expansion of its popular UCS1001 and UCS1002 series. Microchip’s UCS100X family offers programmable charging emulation and an integrated current sensor for wider charging compatibility at higher currents and priority charging for smartphones and tablets. These USB power controllers are much more competitive in comparison to other similar products available in the market.
Striking features such as quality, performance, reliability, ease of use, pricing and diversity of products make Microchip one of the better-positioned companies in the semiconductor universe. These new USB power controllers are a focused initiative in its continuous endeavour to excel in its category.
Microchip develops and manufacturers microcontrollers, memory and analog and interface products for embedded-control systems, which are small, low-power computers designed to perform specific tasks. Net revenue came in at $462.8 million in first quarter fiscal 2014, up 31.4% year over year, aided by a healthy microcontroller business.
Microchip currently has a Zacks Rank #2 (Buy). Other stocks that look promising and are worth considering in the industry now are MagnaChip Semiconductor Corporation (MX - Free Report) , MaxLinear, Inc. (MXL - Free Report) and Analog Devices, Inc. (ADI - Free Report) , each carrying a Zacks Rank #2 (Buy).