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Maxim Integrated Products reported net revenue of $628 million for Q2 FY2021, reflecting a 1% increase from the previous quarter and a 14% increase year-over-year. Key drivers included strong demand from automotive and industrial sectors, which constituted 63% of total revenue. Diluted EPS stood at $0.68, impacted by $15 million in pre-tax special items. Cash flow from operations was $210 million, with total cash and equivalents rising to $1.8 billion. The company has suspended dividends and stock repurchase due to its merger with Analog Devices.
Maxim Integrated (NASDAQ: MXIM) has launched the DS28E40 DeepCover® automotive secure authenticator, enhancing safety and security in vehicle systems. This 1-Wire solution simplifies connectivity, ensuring only OEM-certified components are used while reducing complexity and code requirements. Compliant with AEC-Q100 Grade 1 standards, the authenticator features built-in security algorithms for robust protection against unauthorized components. Available for $1.15, it supports a wide temperature range and operates with minimal pins, improving reliability and design integration.
Maxim Integrated has launched the MAX20361 single-/multi-cell solar harvester, enhancing runtime for wearables and IoT applications. It is the industry's smallest solar harvesting solution, enabling power extension by providing supplemental charging. The device boasts a size reduction of over 50% compared to competitors and up to 5% better boost efficiency. Priced at $2.64 for 1000 units, it supports designers in overcoming size and runtime challenges, with expected growth in consumer wearables driving demand.
Maxim Integrated (NASDAQ: MXIM) is showcasing its innovative designs at CES 2021 from January 11-14 with a virtual booth. Attendees can access over 20 interactive demos and webinars covering various sectors, including industrial, healthcare, and AI. Moreover, they can schedule one-on-one meetings with technical experts. The event emphasizes Maxim's commitment to empowering design innovation through its range of analog solutions, aimed at aiding designers in creating smarter and more secure products.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) will announce its fiscal second quarter 2021 results on January 26, 2021, after market close. The details will be accessible via their investor relations website. Notably, there will be no accompanying conference call for this release. Maxim Integrated specializes in providing high-performance semiconductors that cater to various applications, emphasizing design innovation across industries.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) has appointed Sophie Han as the new country manager and managing director for Maxim Korea, effective immediately. With a tenure at Maxim Korea since 2004, Sophie brings significant experience in management and customer operations across Asia. Her previous role involved overseeing a variety of accounts, strengthening customer relationships, and enhancing operational efficiency. Senior VP Jon Imperato praised her leadership skills and dedication to business expansion. Sophie aims to leverage Maxim's innovative products and engineering resources to drive customer success.
Maxim Integrated has launched the MAX17320, a high-accuracy fuel gauge and protection circuit that enhances runtime for 2 to 4 series Lithium-ion batteries. Utilizing the patented ModelGauge™ m5 EZ algorithm, it offers 40% greater accuracy in state-of-charge readings while featuring the industry's lowest quiescent current, 85% lower than competitors. Key safety features include SHA-256 authentication and internal self-discharge detection to prevent hazards associated with damaged batteries. Priced at $1.55 for 1000-up orders, it targets various device categories.
Maxim Integrated has launched the MAX22000, the industry's first true software-configurable universal analog IO solution. This product enables independent 4x 24-bit analog inputs and 1x 18-bit outputs, significantly simplifying installation and reducing costs by eliminating the need for rewiring sensors. The MAX22000 supports bipolar operation and operates with minimal power, requiring less than 200mW. This innovation marks a significant advancement in industrial automation, aligning with Maxim's 'Being Bold' philosophy to foster smarter solutions in the industry.
Maxim Integrated has launched the new PD42-1-1243-IOLINK intelligent actuator, enhancing productivity in smart factories. This actuator integrates the NEMA-17 stepper motor with advanced controller and driver electronics, utilizing the MAX22513 IO-Link transceiver for efficient configuration. It is touted as the industry’s smallest and lowest-power actuator, providing 50% more monitoring parameters for improved predictive maintenance and reduced downtime. It can significantly boost factory throughput while minimizing power consumption and footprint.
Maxim Integrated has launched the MAX77655 SIMO power management IC, achieving a significant 70% reduction in solution size compared to competitors. This innovation supports 700mA across four buck-boost channels and integrates multiple outputs into a single compact device. It enhances power efficiency with up to 90% regulator efficiency and merely 6.9µA quiescent current. The MAX77655 targets ultra-small electronic devices, such as wearables and IoT applications, promising improved battery life and space optimization.
