Cypress Semiconductor Corp (NASDAQ:CY)
The Company designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.
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Buy-out candidate
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I have owned Cypress Semiconductors for few years. It has been up and down. They have profitable semiconductor niches and their CEO Rodgers is a maverick.
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CY is slowly recovering after the 2001 market crash. They have moved from a tough memory market business to ASIC design- AAPL uses CY's PSoc chips in their IPODs. They also have a stake in growing solar power market - SPWR. On top of all that they had a positive quarterly report last quarter - unlike other IC design houses.
It has gone up by 20% in the last 3 months but I think it will go up even more in the following months.
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Cypress Semiconductor, has been building up capacity, of there ever growing PSoC line, and CapSense is leading the way in the industry for Capacitive sensing technology, and there wirelessUSB is also a developing product line which is a great enhancement..it's in nintendo products, gyration products, logitech...
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solar subsidiary poised to gain
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Broad based semiconductor company in key developing technologies
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