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InvenSense (INVN +6.3%) is sharply higher after announcing its motion sensor chips are shipping...
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Monday, December 10, 2012, 1:26 PM ETInvenSense (INVN +6.3%) is sharply higher after announcing its motion sensor chips are shipping in large volumes for use in Windows 8 and RT tablets and ultrabooks from tier-1 OEMs. InvenSense noted in its calendar Q3 earnings call STMicroelectronics (STM) has a "dominant position" when it comes to Intel-based Windows motion sensor design wins, thanks to its inclusion in an Intel reference design.
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This news story has 4 comments:
Do INVN make the chips that STM put in their more complex tiny machines, namely, motion sensors?
I presume INVN and STM are not in competition here.