Integrated Silicon Solution Inc. (NASDAQ:ISSI) is a fabless semiconductor company that designs high performance integrated circuits. Its main products are low and medium density dynamic random-access memory (NASDAQ:DRAM) and high speed and low power static random-access memory (SRAM). ISSI's memory products are intended for specialty end markets including automotive, communications, industrial, medical, military and consumer. In September 2012, ISSI had acquired Chingis, a Taiwanese semiconductor company, which provides NOR flash memory. The NOR memory market is fast growing, and is complementary to ISSI's existing specialty memory products as it expands the company's product offerings and enables increased cross-selling.
However, these specialty memory products are cyclical. Many intended end markets, especially the automotive sector, are very dependent...
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