Microchip Announces its Best Quarter Ever
Aug 6, 2010
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Microchip reported record net sales of 8-bit, 16-bit, and 32-bit microcontrollers as well as record net sales of analog products. Consolidated sales for the three months ended June 30, 2010, including the sales of newly acquired Silicon Storage Technology, Inc. (SST) as of April 9, 2010, were $320.8 million. Microchip net sales, excluding SST, were $302.4 million, up 8.8% sequentially.

The company reported record shipments of 49,710 development tools.

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