It’s rare for a new MEMS supplier to ramp to high volume quickly as MEMS are typically very complex and hard to manufacture. It’s especially impressive for mCube to ship 60 million units within 2.5 years of product launch. With a proven design that is ground-breaking in terms of its small size, manufacturability and high level of integration, mCube will be an important company to watch in MEMS.
mCube has proven its monolithic, single-chip MEMS technology by shipping more than 60 million units since its initial launch. mCube is in a strong position to further accelerate its momentum, with backing by leading investors, an experienced management team and patented sensor technology and software expertise. We are excited to watch the company continue to grow in pursuit of their vision to put a motion sensor on every moving object.
A major hurdle for wearable technology and the IoT is the reduction in size of critical semiconductor components, including sensors, to enable smaller systems, reduce power consumption, and costs. By shrinking the size of a sensor, it’s easy to envision a world where these tiny devices are seamlessly incorporated onto everyday things, providing valuable motion and context-relevant data that enhance consumers' lives.
In the highly competitive consumer market of inertial sensors, that will represent a market value of $4.33B in 2020, mCube has yet again proven its monolithic single-chip technology can deliver significant advancements in extending battery life and reducing sensor size. A perfect fit for the promising market of wearable devices requiring extremely optimized chips in terms of size and power consumption.
Power consumption has been challenging due to the phone market’s trends toward larger screen size. mCube solutions enable the cost-sensitive market to adopt the same power saving function mainly seen on the high end phones. Together with mCube, we are excited to bring to our customers the extra value with this integrated solution.
We expect to see sensors everywhere and on nearly everything in the not-too-distant future. mCube is well positioned to lead this new era with the industry’s only monolithic, single-chip technology that is easy to design into a wide range of products.