Entering text into the input field will update the search result below

Cypress Semiconductor Corp. (CY) CEO Hassane El-Khoury Presents at Barclays Capital Global Technology, Media and Telecommunications Conference (Transcript)

Dec. 06, 2018 7:17 PM ETCypress Semiconductor Corporation (CY)
SA Transcripts profile picture
SA Transcripts

Cypress Semiconductor Corp. (NASDAQ:CY) Barclays Capital Global Technology, Media and Telecommunications Conference December 6, 2018 1:30 PM ET


Hassane El-Khoury - President and CEO

Thad Trent - CFO


Tom O'Malley - Citi

Tom O'Malley

Great. So good morning, everyone. I'm Tom O'Malley on the Barclays semiconductor team. I'm here with Hassane El-Khoury, the President and CEO; and Thad Trent, the CFO of Cypress. Thanks for being here, guys. We really appreciate it. I guess, to kick things off, we obviously saw pretty cool announcement this morning with Cirrent and that's going to be in your IOT segment. Could you just maybe elaborate on what that is and maybe explain to some people what your plans are with that?

Hassane El-Khoury

Sure. So if you think about Cypress 3.0 strategy and being able to provide customers with the complete and comprehensive solution, you've heard me talk about a [bump] overlap, a [bump] coverage approach to the market and software being a very important component of it. Now if you take that and you move software up to the stack and up the chain where more and more value gets created that's where Cirrent comes in.

If you think about what problem we are trying to solve and why I talk about it as value added software? If you think about connectivity, connectivity is brought, connectivity will go over deployment, when it's easy to use, when it you buy a widget and it gets connected. Think of a washing machine, there's a lot of loss in connectivity because people like a lot of us here are now going to connect to washing machine because I'm not going to start the washing machine when I'm not home, but that's not really where the value comes.

The value comes in from the

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.