Availability of High Volume Capacity from TSMC and GLOBALFOUNDRIES Enables InvenSense to Satisfy Fast Growing Demand for Motion Interface in Consumer Devices
SUNNYVALE, California, March 27, 2012 – InvenSense, Inc. (NYSE: INVN), the leading provider of MotionTracking™ devices for consumer electronics, today announced dual-source capability for its CMOS-MEMS supply from the two leading semiconductor foundries in the world. Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor foundry, has more than doubled its CMOS-MEMS capacity for InvenSense in the past year and has been its primary high volume supplier to date. GLOBALFOUNDRIES, another world leading foundry, has now completed the installation of InvenSense’s patented and proprietary fabrication platform on their 8” CMOS production line and is fully qualified for high volume shipments, providing a true dual source capability for InvenSense customers. Having two leading foundries delivering CMOS-MEMS wafers will provide InvenSense and its customers a high degree of supply continuity assurances and plenty of capacity to satisfy any current and unexpected increase in market demand.
The fabless production model has proven to be the model of choice by almost every semiconductor manufacturer in the world. InvenSense is the first high volume MEMS company to bring the same winning approach in fabricating leading edge MEMS MotionTracking devices for the consumer electronics market. InvenSense’s disruptive and patented Nasiri-Fabrication Platform that allows the integration of MEMS wafers with standard CMOS wafers using a patented wafer-to-wafer bonding process has enabled it to obtain fully integrated CMOS-MEMS wafers from its foundries. These CMOS-MEMS wafers then go through fairly standard packaging and testing operations prior to devices being shipped to customers worldwide. The fabless MEMS model offers many advantages over the more traditional Integrated Device Manufacturing (IDM) approach used by almost all other MEMS inertial sensor makers, the main benefit being the ability to leverage excess available capacity in many 8” wafer fabs that are fully depreciated and can produce enormous capacity to fulfill all of the market needs for inertial sensors at very competitive prices and little to no cost of capital to InvenSense. In contrast, the IDM model requires huge financial investment and build-out time for establishing or increasing capacity for a dedicated MEMS fabrication line and having the ongoing pressure to maintain efficient utilization.
“InvenSense is thankful to TSMC for their continued support to bring up the Nasiri-Fabrication platform on their high-volume production lines, along with GLOBALFOUNDRIES for their commitment and timely qualification of our process in their production lines,” said Steve Nasiri, Founder and Chief Executive Officer, InvenSense Inc. ”Many of today’s MEMS companies have been stuck with their old ways in making MEMS for the past 25 to 30 years and missed the opportunities to bring truly game changing fabrications and product innovations to the MEMS industry and to their customer, we believe that the InvenSense fabrication platform is a game changing technology that is expected to transform the way the MEMS industry will bring innovations and new products to the market into the future.”
“We are very pleased to have been chosen by InvenSense for their dual source foundry strategy and supporting their industry leading MEMS fabrication platform,” said Raj Kumar, GLOBALFOUNDRIES, Senior Vice President 200mm BU and General Manager Singapore. “We are looking forward to providing all the support and capacity that InvenSense will need for their current and future growth needs.”
InvenSense Inc. (NYSE: INVN) is the leading provider of MotionTracking™ solutions for consumer electronic devices in the world. The company’s patented Nasiri-Fabrication platform and patent-pending MotionFusion™ technology address the emerging needs of many mass-market consumer applications such as, improved performance, accuracy, and intuitive motion and gesture based interfaces. InvenSense technology can be found in consumer electronic markets including smartphones, tablets, gaming devices, optical image stabilization, and remote controls for Smart TVs. InvenSense is headquartered in Sunnyvale, California and has offices in China, Taiwan, Korea, Japan, and Dubai. More information can be found at www.invensense.com.
InvenSense Inc. (NYSE: INVN) is the leading provider of MotionTracking™ devices for consumer electronics. The company's patented Nasiri-Fabrication™ platform and patent-pending MotionFusion™ technology address the emerging needs of many mass-market consumer applications such as, improved performance, accuracy, and intuitive motion and gesture based interfaces. InvenSense technology can be found in consumer electronic markets including smart phones, tablets, gaming devices, optical image stabilization, and remote controls for Smart TVs. InvenSense is headquartered in Sunnyvale, California and has offices in China, Taiwan, Korea, Japan, and Dubai. More information can be found at www.invensense.com