Adds Industry Veterans to Leadership Team for Future Growth

SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 15, 2020-- SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced that it has cumulatively shipped 2 billion units of its silicon MEMS timing solutions.

Over a decade ago, SiTime saw the opportunity to siliconize the timing industry. New electronics, driven by the consumer’s need for omnipresent connectivity and faster data speeds, needed more stringent timing, especially in harsh environmental conditions, which current technologies could not deliver. Applications such as 5G, cloud, automated driving, and IoT emerged, and the need for SiTime solutions grew rapidly. Today, SiTime is the only company that is solely focused on timing and has overcome the challenges of delivering high-reliability timing solutions in high volume.

“I’m very proud of the SiTime team that has dedicated years of focus, passion, and commitment to success to deliver this significant milestone,” said Rajesh Vashist, CEO of SiTime. “As the world becomes more connected, precision timing will play a critical role in 5G, cloud, automotive, and IoT applications. SiTime will continue to provide differentiated timing solutions for these applications and deliver value to our customers.”

 

Please be refered below News Release.

https://www.sitime.com/company/news/press-release/sitime-continues-leadership-mems-timing-market-2-billion-units-shipped

Companies Website:
http://www.sitime.com/

SiTime News Release

• SiTime’s Endura Timing Solutions for Aerospace and Defense – A Standout in Ruggedized Performance

  2019/07/25SiTime  Analog

• SiTime Launches the Emerald Platform, a Game-changing MEMS Timing Solution for 5G Infrastructure

  2018/11/06SiTime  Processor/Memory

• SiTime’s Elite Platform MEMS Super-TCXOs Named Product of the Year by Electronic Products Magazine

  2017/01/24SiTime  Company / Market Trends

• SiTime’s Automotive MEMS Oscillators Deliver 30 Times Better Robustness

  2017/01/23SiTime  Automotive

• SiTime Transforms $1.5B Telecom and Networking Timing Market with High-Precision MEMS Oscillators

  2016/09/26SiTime  Analog

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