JARFALLA, Sweden, April 24, 2012 /PRNewswire/ -- For the second consecutive year, Silex Microsystems today announced that Yole Developpement (Yole) has ranked Silex as the world's largest pure-play MEMS foundry in their Annual Top 30 MEMS Report. Silex has been able to maintain this leadership position by continually leveraging its deep MEMS expertise, innovative technologies and proven, high-volume production capabilities that enable customers to rapidly, cost-effectively and reliably commercialize products and ramp them to high volume.
According to Yole's MEMS market & technology analysis, the Top 30 MEMS foundries increased revenues by 5% in 2011 to more than $600 million. Silex Microsystems' revenues grew 27% in 2011, to reach $47 million, outpacing other independent pure-play foundries and the company is the first to break through the $40 million revenue mark.
"This top ranking by Yole demonstrates the ongoing success of our strategy to enable customers to rapidly commercialize the MEMS products that are changing the world today," said Gary Johnson, CEO of Silex Microsystems. "When customers partner with Silex, they not only benefit from working with the industry's most knowledgeable and creative MEMS manufacturing experts, but also from our global ecosystem of development partners that can help take MEMS to market faster than the competition."
"Silex has once again risen to the top of our annual MEMS foundry list," said Jean-Christophe Eloy, President & CEO, Yole Developpement. "MEMS are quickly appearing in every aspect of the world today and when a company like Silex can simplify and speed the process of getting to market with these complex devices, customers gain a significant competitive advantage in the fast-growing MEMS market."
About Silex Microsystems
As the world's largest pure-play MEMS foundry, Silex Microsystems is driving the sensory system revolution by partnering with the world's most innovative companies to commercialize MEMS technologies that are changing the world. Our unique expertise in providing cutting-edge MEMS foundry services, innovative process technologies and proven high volume production capabilities enable MEMS innovators to rapidly, cost-effectively and reliably commercialize and ramp products to high volume. At Silex, customers work closely with the industry's most knowledgeable and creative MEMS manufacturing experts and benefit from our global ecosystem of development partners to take MEMS to market faster. www.silexmicrosystems.com.
About Yole Developpement
Beginning in 1998 with Yole Developpement, we have grown to become a group of companies providing market research, technology analysis, strategy consulting, media in addition to finance services. With a solid focus on emerging applications using silicon and/or micro manufacturing, Yole Developpement group has expanded to include more than 50 associates worldwide covering MEMS, MedTech, Advanced Packaging, Compound Semiconductors, Power Electronics, LED, and Photovoltaics. The group supports companies, investors and R&D organizations worldwide to help them understand markets and follow technology trends to develop their business.
SOURCE Silex Microsystems