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InvenSense (INVN +6.3%) is sharply higher after announcing its motion sensor chips are shipping...

InvenSense (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.
Comments (4)
  • Not quite sure what this means.
    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.
    10 Dec 2012, 04:54 PM Reply Like
  • STM is INVN's biggest competitor in the motion sensor market (though far from the only one). An STM sensor is included in an Intel reference design for Windows 8 touchscreen hardware, which has helped it secure design wins with OEMs.
    10 Dec 2012, 05:00 PM Reply Like
  • so, does this mean invn took business away from stm or is this a new type of business. it sounds to me that they're shipping in mass quantity and is a big deal. fill me in on any detail you know. reading the article it sound like the oem for windows base will have a few options by invensense but will they also have an option of stm chip?
    10 Dec 2012, 06:26 PM Reply Like
  • It looks like they won some Windows 8 business at STM's expense. But the PR is sparse on details, so it's hard to know how much.
    10 Dec 2012, 07:06 PM Reply Like
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