Tag Archives: IDT

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IDT Announces World's Lowest Jitter MEMS Oscillators With Integrated Frequency Margining Capability

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By Business Wirevia The Motley Fool

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IDT Announces World’s Lowest Jitter MEMS Oscillators With Integrated Frequency Margining Capability

IDT’s 4H LVDS / LVPECL MEMS Oscillators with 100 Femtoseconds Typical Phase Jitter and Adaptable Output Frequency Reduces BER in High-performance 10GbE and Networking Applications

SAN JOSE, Calif.–(BUSINESS WIRE)– Integrated Device Technology, Inc. (IDT®) (NAS: IDTI) , the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced the industry’s first differential MEMS oscillators with 100 femtosecond (fs) typical phase jitter performance and integrated frequency margining capability. The extremely low phase jitter and adaptable output frequency of IDT‘s high-performance oscillators significantly reduce bit error rate (BER) in 10 gigabit Ethernet (10GbE) switches, routers, and other related networking equipment.

The IDT 4H performance MEMS oscillators feature a differential LVDS / LVPECL output and the lowest phase jitter in their product class (100 fs @ 1.875 – 20 MHz and sub-300 fs @ 12kHz – 20 MHz), satisfying the low-jitter chipset requirements of high-performance networking applications. Integrated frequency margining capability enables customers to fine-tune the oscillator frequency during operation in the application by up to ±1000 ppm, minimizing BER and facilitating margin testing. IDT‘s 4H MEMS oscillators are available in multiple package sizes including the smaller 3225 (3.2 x 2.5 mm) to save board space and cost in densely populated applications. IDT is the only supplier to offer this combination of MEMS oscillator performance, features, and small package size.

“IDT‘s latest series of MEMS oscillators build upon the standard 4M and enhanced 4E oscillator series’ to address the demanding performance requirements of 10GbE and networking applications,” said Christian Kermarrec, vice president and general manager of the Timing and Synchronization Division at IDT. “As the leader in timing solutions, we equip our customers with the highest performance parts and innovative features to facilitate the development of their next-generation products. We are pleased to see many OEMs choosing IDT over MEMS start-up suppliers for the experience and technical innovation that IDT provides.”

“Cloud computing and storage infrastructure is growing rapidly with almost 50% of servers and storage clusters shipping with 10GbE. High performance MEMS oscillators enable a lower bit error rate in enterprise computing and storage infrastructure and offer much better reliability at the same time,” said Jérémie Bouchaud, director and principal analyst for MEMS and sensors at IHS.

IDT‘s integrated frequency margining capability enables customers to employ a technique known in the industry as ‘plus-PPM clocking’. This technique clocks systems …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

IDT MEMS Oscillators Selected as Finalist for 2013 EE Times and EDN ACE Awards

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By Business Wirevia The Motley Fool

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IDT MEMS Oscillators Selected as Finalist for 2013 EE Times and EDN ACE Awards

IDT’s Leading 4M and 4E MEMS Oscillators and CEO Ted Tewksbury, Ph.D. Garner Recognition from Prestigious Electronics Industry Publications

SAN JOSE, Calif.–(BUSINESS WIRE)– Integrated Device Technology, Inc. (IDT®) (NAS: IDTI) , the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced that its 4M- and 4E-series MEMS Oscillators were selected as a finalist for UBM Tech’s EE Times and EDN 2013 Annual Creativity in Electronics (ACE) Award in the ‘Ultimate Products’ category. In addition, IDT‘s president and CEO, Dr. Ted Tewksbury, Ph.D., was named finalist in the Executive of the Year category.

IDT‘s 4M and 4E MEMS oscillators were selected for their broad appeal to electronics engineers looking to overcome the performance and reliability concerns that have accompanied quartz-based oscillators for decades. IDT‘s patented piezoelectric MEMS (pMEMS™) resonator technology combines the strong electromechanical coupling of the piezoelectric material with the stability and low damping of single-crystal silicon to create a passive frequency source of unparalleled performance and reliability. The devices are ideal for cloud computing and network infrastructure requiring sub-picosecond jitter and high reliability at elevated operating temperatures.

“This year’s ACE Awards finalists mark a shift in the industry, as the electronics industry becomes more focused on creating technologies attractive to consumers,” said Alexander Wolfe, Brand Director, EE Times. “The 2013 finalists represent the execution of forward-thinking technologies and creativity that captures the imagination of consumers, illustrating the influence that electronics and embedded design professionals have on today’s culture.”

“IDT‘s MEMS oscillators meet the accuracy and jitter requirements for high-performance applications with the added benefit of excellent reliability and short lead times,” said Christian Kermarrec, vice president and general manager of the Timing and Synchronization Division at IDT. “Our MEMS oscillator portfolio includes a range of products optimized for different applications; from standard six-pin oscillators with less than 1 picosecond of phase jitter to our multi-output oscillators with pre-configured selectable frequencies on a single chip. Our ICs empower customers to drive the performance standard for next generation products while consolidating the BOM and simplifying the circuit.”

In addition to becoming a finalist for the ‘Ultimate Product‘ award, IDT‘s very own president and CEO, Dr. Ted Tewksbury, Ph.D., was named finalist for the Executive of the Year category.

The ACE Awards celebrate the creators of …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Is IDT Earning Enough for You?

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By Seth Jayson, The Motley Fool

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Margins matter. The more IDT (NYS: IDT) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That’s why we check up on margins at least once a quarter in this series. I’m looking for the absolute numbers, so I can compare them to current and potential competitors, and any trend that may tell me how strong IDT‘s competitive position could be.

Here’s the current margin snapshot for IDT over the trailing 12 months: Gross margin is 16.1%, while operating margin is 1.1% and net margin is 3.0%.

Unfortunately, a look at the most recent numbers doesn’t tell us much about where IDT has been, or where it’s going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can’t make up for this problem by cutting costs — and most companies can’t — then both the business and its shares face a decidedly bleak outlook.

Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company’s profitability. That’s why I like to look at five fiscal years’ worth of margins, along with the results for the trailing 12 months, the last fiscal year, and last fiscal quarter (LFQ). You can’t always reach a hard conclusion about your company’s health, but you can better understand what to expect, and what to watch.

Here’s the margin picture for IDT over the past few years.

Source: S&P Capital IQ. Dollar amounts in millions. FY = fiscal year. TTM = trailing 12 months.

Because of seasonality in some businesses, the numbers for the last period on the right — the TTM figures — aren’t always comparable to the FY results preceding them. To compare quarterly margins to their prior-year levels, consult this chart.

Source: S&P Capital IQ. Dollar amounts in millions. FQ = fiscal quarter.

Here’s how the stats break down:

  • Over the past five years, gross margin peaked at 23.1% and averaged 19.3%. Operating margin peaked at 0.6% and averaged -1.3%. Net margin peaked at 2.6% and averaged -3.4%.
  • TTM gross margin is 16.1%, 320 basis points worse than the five-year average. TTM operating margin is 1.1%, 240 basis points better than the five-year average. …read more
    Source: FULL ARTICLE at DailyFinance
Business, Finance, Occupation & Industry

Has IDT Made You Any Real Money?

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By Seth Jayson, The Motley Fool

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Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company’s economic output. That’s because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.

Earnings’ unreliability is one of the reasons Foolish investors often flip straight past the income statement to check the cash flow statement. In general, by taking a close look at the cash moving in and out of the business, you can better understand whether the last batch of earnings brought money into the company, or merely disguised a cash gusher with a pretty headline.

Calling all cash flows

When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on IDT (NYS: IDT) , whose recent revenue and earnings are plotted below.

Source: S&P Capital IQ. Data is current as of last fully reported fiscal quarter. Dollar values in millions. FCF = free cash flow. FY = fiscal year. TTM = trailing 12 months.

Over the past 12 months, IDT generated $59.0 million cash while it booked net income of $46.9 million. That means it turned 3.7% of its revenue into FCF. That sounds OK.

All cash is not equal
Unfortunately, the cash flow statement isn’t immune from nonsense, either. That’s why it pays to take a close look at the components of cash flow from operations, to make sure that the cash flows are of high quality. What does that mean? To me, it means they need to be real and replicable in the upcoming quarters, rather than being offset by continual cash outflows that don’t appear on the income statement (such as major capital expenditures).

For instance, cash flow based on cash net income and adjustments for non-cash income-statement expenses (like depreciation) is generally favorable. An increase in cash flow based on stiffing your suppliers (by increasing accounts payable for the short term) or shortchanging Uncle Sam on taxes will come back to bite investors later. The same goes for decreasing accounts receivable; this is good to see, but it’s ordinary in recessionary times, and you can only increase collections so much. Finally, adding stock-based compensation expense back to cash flows is questionable when a company hands out a lot of equity to employees and uses cash in later periods to buy back those shares.

So how does the cash flow at IDT look? Take a peek at the chart below, which …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

IDT Beats on Both Top and Bottom Lines

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By Seth Jayson, The Motley Fool

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IDT (NYS: IDT) reported earnings on March 7. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Jan. 31 (Q2), IDT beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share expanded significantly. GAAP earnings per share expanded.

Gross margins grew, operating margins grew, net margins were steady.

Revenue details
 IDT chalked up revenue of $411.7 million. The two analysts polled by S&P Capital IQ anticipated revenue of $399.0 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter’s $365.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.41. The two earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. Non-GAAP EPS of $0.41 for Q2 were much higher than the prior-year quarter’s $0.04 per share. GAAP EPS of $0.13 for Q2 were 8.3% higher than the prior-year quarter’s $0.12 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 16.3%, 10 basis points better than the prior-year quarter. Operating margin was 1.3%, 70 basis points better than the prior-year quarter. Net margin was 0.7%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter’s average estimate for revenue is $401.6 million. On the bottom line, the average EPS estimate is $0.30.

Next year’s average estimate for revenue is $1.61 billion. The average EPS estimate is $1.33.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 103 members out of 130 rating the stock outperform, and 27 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give IDT a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IDT is buy, with an average price target of $16.00.

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The article IDT Beats on Both Top and Bottom Lines originally appeared on Fool.com.


Seth …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

IDT Wireless Power Solution Wins Prestigious 2013 China ACE Award

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By Business Wirevia The Motley Fool

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IDT Wireless Power Solution Wins Prestigious 2013 China ACE Award

IDT Captures Power Management Product of the Year Award for Its Innovative Wireless Power Transmitter and Receiver Solutions

SAN JOSE, Calif.–(BUSINESS WIRE)– Integrated Device Technology, Inc. (IDT®) (NAS: IDTI) , the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions, today announced that it received the 2013 China ACE Award for its IDTP9030 and IDTP9020wireless power transmitter and receiver solution. Presented by the prestigious EE Times China publication, IDT‘s solution was voted Product of the Year in the Power Management category by electronics engineers for its innovative features and strong market potential.

“We are honored to be selected by electronics engineers as the 2013 China ACE Award winner,” said Arman Naghavi, vice president and general manager of the Analog and Power Division at IDT. “This is one of several major awards that our wireless power products have won since their introduction less than one year ago. IDT has quickly established itself as the leader in this market, garnering strong customer demand and establishing partnerships with critical players such as Intel and Qualcomm.”

The IDTP9030 is the world’s most highly integrated single-chip wireless power transmitter available, integrating dozens of discrete components into a simplified, cost-effective, and highly efficient solution. With the IDTP9030, customers can develop World Power Consortium (WPC) Qi-compliant, proprietary, or multi-mode charging stations for deployment in a myriad of locations, including homes, offices, libraries, stores, public waiting areas, airports and airplanes.

The IDTP9020 high-efficiency single-chip wireless power receiver complements the IDTP9030 with “multi-mode” operation. It features built-in protocol detection and supports dynamic switching between Qi and proprietary modes, adding to the solution’s compelling value proposition.

In addition, IDT also offers the IDTP9035 and IDTP9036 wireless power transmitters, designed to meet the WPC Tx-A5, Tx-A6, and Tx-A11 configurations. These devices expand IDT‘s portfolio of WPC Qi-compliant transmitters to address single-coil 5 V and three-coil 12 V applications.

IDT‘s wireless power ICs are currently sampling to qualified customers. For more information about these products as well as other products in IDT‘s wireless power portfolio, visit www.wirelesspowerbyidt.com.


About IDT

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Source: FULL ARTICLE at DailyFinance