Market Leader Celebrates Milestone with 50% Discount on CapSense Development Kits
SAN JOSE, Calif. — (BUSINESS WIRE) — November 19, 2013 — Cypress Semiconductor Corp. (Nasdaq: CY), the market leader in capacitive touch-sensing solutions, today announced that it shipped its one billionth CapSense® capacitive touch-sensing controller. Cypress's CapSense touch-sensing solutions have replaced more than five billion mechanical buttons, with four times the sales of its nearest competitor.
To commemorate the milestone, Cypress is offering a 50% discount for a limited time on all CapSense development kits. Customer testimonials, a timeline of Cypress CapSense innovation and a CapSense video are available at www.cypress.com/go/CapSense_Events.
The demand for capacitive touch-sensing solutions has continued to grow quickly. Cypress CapSense solutions have raised the bar on advanced features such as proximity sensing, water tolerance, passive stylus support and gloved-finger sensing, adding differentiation to next-generation user interfaces. Cypress customers have designed CapSense into smartphones, laptops, consumer electronics, home appliances, medical equipment and automotive applications.
“We would like to thank our customers for helping us to achieve this important milestone,” said Hassane El-Khoury, executive vice president of Cypress’s Programmable Systems Division. “Cypress will continue to develop innovative capacitive-sensing products that are easy to use and that pave the way for the next generation of user-interface applications.”
“We expect the global market for capacitive touch-sensing controllers to post a robust CAGR of 15% through the year 2020,” said Shrinivas Shikaripurkar, manager for the Electronics & Semiconductor practice at research analysis firm MarketsandMarkets. “As per MarketsandMarkets analysis, Cypress is poised to further grow its market share on account of significant product enhancements, such as having very high signal-to-noise ratio with ultra-low-power capability for its devices.”
Cypress’s CapSense portfolio, the industry's broadest and most integrated, enhances industrial design and reliability with the world’s most noise-immune and water-tolerant capacitive touch-sensing interfaces, including proximity sensing, where direct touch is not required. CapSense controllers feature the industry’s widest operating voltage range and multiple low-power modes, making them highly suitable for regulated and unregulated battery-operated applications. Cypress’s revolutionary SmartSense™ Auto-Tuning algorithm saves design and production cycles, accelerating time-to-market for CapSense customers, while ensuring optimal sensor performance during run-time. Cypress also simplifies designs with its EZ-Click™ customizer tool, GUI-based software that combines device configuration, visual feedback, and production line testing for streamlined register configuration of controllers in its CapSense Express™ family. More information is available at www.cypress.com/go/capsense.
About Cypress
Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® 1, PSoC 3, PSoC 4, and PSoC 5LP programmable system-on-chip families. Cypress is the world leader in capacitive user interface solutions including CapSense touch sensing, TrueTouch® touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress is a world leader in USB controllers, which enhance connectivity and performance in a wide range of consumer and industrial products. Cypress is also the world leader in SRAM and nonvolatile RAM memories. Cypress serves numerous major markets, including consumer, mobile handsets, computation, data communications, automotive, industrial, and military. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.
Cypress, the Cypress logo, CapSense, PSoC, and TrueTouch are registered trademarks and SmartSense, EZ-Click, and CapSense Express are trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.
Contact:
Cypress PR
Samer Bahou, 408-232-4552
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