InvenSense, Inc. (INVN) Addressing the Emerging Needs of Mass-Market Consumer Electronic Devices through Persistent Innovation

InvenSense, Inc. (NYSE: INVN) is the world’s leading provider of intelligent sensor system on chip (SoC) for Motion and Sound solutions in consumer electronic devices – including smartphones, tablets, wearables, gaming devices, optical image stabilization and remote controls for Smart TVs. The company’s patented InvenSense Fabrication Platform and patent-pending MotionFusion™ technology address the emerging needs of many mass-market consumer applications via improved performance, accuracy, and intuitive motion-, gesture- and sound-based interfaces.

Beginning with the world’s first dual-axis MEMS gyroscopes for the digital still camera market in 2006, InvenSense has developed a reputation for innovation within the industry by consistently delivering game changing solutions. In 2009, the company released the first integrated 3-axis motion processing solution for smartphones, and, in 2010, it unveiled the world’s first single-chip integrated 6-axis MotionTracking™ device. Among the company’s latest solutions is the ICM-20728, which was recognized as the world’s first integrated 7-axis single-chip platform solution with onboard Digital Motion Processor (DMP™) upon its release in 2014. By remaining on the cutting-edge of the industry, InvenSense is in a formidable position to realize continued growth moving forward.

In March, the company continued to expand its industry presence through the announced availability of its InvenSense Positioning Library (IPL) software, which is designed to provide sensor assisted positioning in places where GPS accuracy isn’t adequate. This announcement further demonstrated the potentially massive reach of the company’s expansive product line.

“With more consumers using their smartphones for turn-by-turn navigation on foot or in vehicle, one of the most frustrating user experience issues is losing your GPS signal in an unfamiliar location or being re-routed erroneously due to multipath errors,” stated Ali Foughi, Vice President of Marketing and Business Development at InvenSense. “With IPL technology, high accuracy location guidance is always available and provides Smartphone OEMs with a differentiated user experience and consumers with a more reliable navigation solution.”

Through continued innovation and the release of a number of new products, InvenSense realized dramatic financial growth in recent months. In the fourth quarter of fiscal year 2015, InvenSense recorded a 68 percent increase in year-over-year net revenue, securing a 47 percent boost in annual net revenue, as compared to fiscal year 2014.

“Fiscal 2015 was a significant year for InvenSense,” stated Behrooz Abdi, President and Chief Executive Officer of InvenSense. “We achieved the highest revenue in company history, driven by strong market share gains and several high-volume customer wins… Our success in mobile in fiscal 2015 laid important groundwork for our continued achievement in the coming year.”

In the months to come, look for InvenSense to continue to build on its established industry presence through a dedication to unrelenting innovation and strategic growth into potentially lucrative new verticals. For prospective investors, the company’s strong financial results could clear the way for sustainable returns into the future.

For more information, visit www.invensense.com

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