SUNNYVALE, California, December 17, 2012 – InvenSense, Inc. (NYSE: INVN), the leading provider of MotionTracking™ devices, received a prestigious award at the 2012 Global Semiconductor Alliance (GSA) Awards Dinner Celebration. InvenSense was granted the most Respected Public Semiconductor Company Award. In addition, InvenSense was recognized as one of the top three best financially managed semiconductor companies with annual sales of up to $500M. Over 270 semiconductor companies were evaluated for these awards.
“InvenSense is in the fastest growing segment of the semiconductor industry as the demand for MEMS sensor solutions continues to grow substantially,” said Behrooz Abdi, President and CEO of InvenSense. “The GSA awards are recognition that InvenSense is an innovative leader in MEMS with a solid business model and a strong track record of execution.”
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 30 countries across the globe www.gsaglobal.com.
InvenSense Inc. (NYSE: INVN) is the world’s leading provider of MotionTracking™ solutions for consumer electronic devices. The company’s patented NF Platform and patent-pending MotionFusion™ technology address the emerging needs of many mass-market consumer applications via improved performance, accuracy, and intuitive motion- and gesture-based interfaces. InvenSense technology can be found in consumer electronic products including smartphones, tablets, gaming devices, optical image stabilization, and remote controls for Smart TVs. The company’s MotionTracking products are also being integrated into a number of industrial applications. 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.