Changes for page Microchip Technology Inc
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... ... @@ -2,31 +2,160 @@ 2 2 {{toc/}} 3 3 {{/box}} 4 4 5 -= Paragraph1=5 += Summary = 6 6 7 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 7 +* Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. 8 +* The company's microcontroller product line represents the largest component of its total net sales. 9 +* The company's synergistic product portfolio includs 5G, data centers, artificial intelligence and machine learning, Internet of Things (IoT) and edge computing, advanced driver assist systems (ADAS) and autonomous driving 8 8 9 -== Sub-paragraph == 10 10 11 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 12 12 13 - == Sub-paragraph ==13 +[[image:MCHP0.png||alt="MCHP0.jpg" height="227" width="718"]] 14 14 15 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 16 16 17 - ===Sub-sub paragraph===16 +Microchip Technology (Nasdaq: MCHP, LSE:0K19) Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduces risk while lowering total system cost and time to market. The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. 18 18 19 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 20 20 19 += Financial Highlights = 21 21 22 - = Paragraph=21 +Financial results for Third Quarter ended December 31, 2022 of fiscal year 2023{{footnote}}https://ww1.microchip.com/downloads/aemDocuments/documents/investor/press-release/MCHP_Announces_Record_Financial_Results_for_Q3FY23.020223.pdf{{/footnote}} 23 23 24 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 25 25 26 - ==Sub-paragraph==24 +Net sales for the third quarter of fiscal 2023 were a record $2.169 billion, up 23.4%from net sales of $1.758 billionin the prior year's third fiscal quarter. 27 27 28 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 29 29 30 - ==Sub-paragraph==27 +GAAP net income for the third quarter of fiscal 2023 was $580.3 million, or $1.04 per diluted share, up from GAAP net income of $352.8 million, or $0.62per diluted share, in the prior year's third fiscal quarter. For the third quarters of fiscal 2023 and fiscal 2022, GAAP net income was adversely impacted by amortization of acquired intangible assets associated with its previous acquisitions. 31 31 32 -Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 29 + 30 +Non-GAAP net income for the third quarter of fiscal 2023was a record at $863.7 million, or $1.56per diluted share, up from non-GAAP net income of $681.7 million, or $1.20per diluted share, in the prior year's third fiscal quarter. 31 + 32 + 33 +Microchip announced today that its Board of Directors declared a record quarterly cash dividend on its common stock of 35.8 cents per share, up 9.1% from the cash dividend paid last quarter and up 41.5% from the year ago quarter. The quarterly dividend is payable on March 7, 2023to stockholders of record on February 21, 2023. 34 + 35 + 36 +Net sales for the fiscal year ended March 31, 2022 were a record $6.821 billion, an increase of 25.4% from net sales of $5.438 billion in the prior fiscal year. 37 + 38 + 39 +GAAP net income for the fiscal year ended March 31, 2022 was $1.286 billion, or $2.27 per diluted share, an increase of 267.9% from net income of $349.4 million, or $0.65 per diluted share in the prior fiscal year. Fiscal 2022 and fiscal 2021 GAAP net income were significantly adversely impacted by amortization of acquired intangible assets associated with its previous acquisitions and loss on debt settlement associated with its debt refinancing activities. 40 + 41 + 42 + 43 +[[image:MCHP1.jpg]] 44 + 45 + 46 += Business Segments = 47 + 48 +**Microcontrollers** 49 + 50 +The company's microcontroller product line represents the largest component of its total net sales. Microcontrollers and associated application development systems accounted for approximately 56.0% and 54.5% of its net sales in fiscal 2022 and fiscal 2021, respectively.{{footnote}}https://fintel.io/doc/sec-microchip-technology-inc-827054-10k-2022-may-20-19132-7260{{/footnote}} 51 + 52 + 53 +Net sales of its microcontroller products increased approximately 28.8% in fiscal 2022 compared to fiscal 2021. The increase in net sales was due primarily to strength in demand for its microcontroller products in end markets that the company serve and its price increases. 54 + 55 + 56 +**Analog** 57 + 58 +The company's analog product line includes analog, interface, mixed signal and timing products. The company's analog product line accounted for approximately 28.4% and 27.9% of its net sales in fiscal 2022 and fiscal 2021, respectively. 59 + 60 + 61 +Net sales from its analog product line increased approximately 27.6% in fiscal 2022 compared to fiscal 2021. The increase in net sales was primarily due to strength in demand for its analog products in end markets that the company serve and its price increases. 62 + 63 + 64 +**Other** 65 + 66 +The company's other product line includes FPGA products, royalties associated with licenses for the use of its SuperFlash and other technologies, sales of its intellectual property, fees for engineering services, memory products, timing systems, manufacturing services (wafer foundry and assembly and test subcontracting), legacy application specific integrated circuits, and certain products for aerospace applications. Revenue from these services and products accounted for approximately 15.6% and 17.6% of its net sales in fiscal 2022 and fiscal 2021, respectively. 67 + 68 + 69 +Net sales related to these products and services increased approximately 11.4% in fiscal 2022 compared to fiscal 2021. The increase in net sales was primarily due to strength in demand for its products in end markets that the company serve and its price increases. 70 + 71 + 72 + 73 +[[image:MCHP2.jpg]] 74 + 75 + 76 += Company Overview = 77 + 78 +Microchip Technology develop, manufacture and sell smart, connected and secure embedded control solutions used by its customers for a wide variety of applications. With over 30 years of technology leadership, its broad product portfolio is a Total System Solution (TSS) for its customers that can provide a large portion of the silicon requirements in their applications. TSS is a combination of hardware, software and services which help its customers increase their revenue, reduce their costs and manage their risks compared to other solutions. 79 + 80 + 81 +The company's synergistic product portfolio empowers disruptive growth trends, including 5G, data centers, artificial intelligence and machine learning, Internet of Things (IoT) and edge computing, advanced driver assist systems (ADAS) and autonomous driving, and electric vehicles, in key end markets such as automotive, aerospace and defense, communications, consumer appliances, data centers and computing, and industrial. 82 + 83 + 84 +== Products == 85 + 86 +Microchip Technology is a leading provider of smart, connected and secure embedded control solutions.{{footnote}}https://www.microchip.com/en-us/products{{/footnote}} 87 + 88 +* Microcontrollers and Microprocessors 89 +* Analog 90 +* Amplifiers and Linear ICs 91 +* Clock and Timing 92 +* Data Converters 93 +* Embedded Controllers and Super I/O 94 +* FPGAs and PLDs 95 +* High-Speed Networking and Video 96 +* Interface and Connectivity 97 +* LED Drivers and Backlighting 98 +* Memory Products 99 +* Power Discretes 100 +* Power Management 101 +* Power over Ethernet 102 +* RF and Microwave 103 +* Security Products 104 +* Sensors and Motor Drive 105 +* Services 106 +* Smart Energy/Metering 107 +* Storage 108 +* Touch and Gesture 109 +* Wireless Connectivity 110 + 111 + 112 +== Manufacturing == 113 + 114 +The company's manufacturing operations include wafer fabrication, wafer probe, assembly and test. 115 + 116 + 117 +(% style="width:1176px" %) 118 +(% class="info" %)|**Location**|**Approx Sq. Ft**|(% style="width:776px" %)**Principal Operations** 119 +|Gresham, Oregon|826,500|(% style="width:776px" %)Wafer fabrication (Fab 4), R&D center, warehousing and administrative offices 120 +|Chandler, Arizona|687000|(% style="width:776px" %)((( 121 +Executive and administrative offices, wafer probe, R&D center, sales and marketing, and computer and service functions 122 +))) 123 +|((( 124 +Lamesa, Calamba, Philippines 125 +)))|610,300|(% style="width:776px" %)Assembly and test, warehousing and administrative offices 126 +|Chacherngsao, Thailand|498,100|(% style="width:776px" %)((( 127 +Assembly and test, wafer probe, sample center, warehousing and administrative offices 128 +))) 129 +|Colorado Springs, Colorado|480,000|(% style="width:776px" %)Wafer fabrication (Fab 5), test and R&D 130 +|((( 131 +Canlubang, Calamba, Philippines 132 +)))|460,000|(% style="width:776px" %)Wafer probe, test, warehousing and administrative offices 133 +|Tempe, Arizona|388,100|(% style="width:776px" %)Wafer fabrication (Fab 2), R&D center, warehousing and administrative offices 134 +|Bangalore, India|294,000|(% style="width:776px" %)R&D center, sales and marketing support and administrative offices 135 +|Chacherngsao, Thailand|267,100|(% style="width:776px" %)Assembly and test, warehousing and administrative offices 136 +|Chennai, India|187,000|(% style="width:776px" %)R&D center 137 +|Lawrence, Massachusetts|160,000|(% style="width:776px" %)Manufacturing and administrative offices 138 +|Rousset, France|144,500|(% style="width:776px" %)Test, R&D and administrative offices 139 +|((( 140 +Mount Holly Springs, Pennsylvania 141 +)))|100,000|(% style="width:776px" %)Manufacturing, R&D and administrative offices 142 +|Garden Grove, California|98,100|(% style="width:776px" %)Manufacturing, R&D and administrative offices 143 +|San Jose, California|98,000|(% style="width:776px" %)R&D and administrative offices 144 +|((( 145 +Neckarbischofsheim, Germany 146 +)))|83,800|(% style="width:776px" %)Manufacturing and administrative offices 147 +|Nantes, France|77,000|(% style="width:776px" %)Wafer probe, test, R&D, warehousing and administrative offices 148 +|San Jose, California|71,000|(% style="width:776px" %)R&D and administrative offices 149 +|San Jose, California|57,000|(% style="width:776px" %)R&D and administrative offices 150 +|Beverly, Massachusetts|52,100|(% style="width:776px" %)Manufacturing 151 +|Heilbronn, Germany|48,000|(% style="width:776px" %)R&D and administrative offices 152 +|Karlsruhe, Germany|46,000|(% style="width:776px" %)R&D and administrative offices 153 +|Ennis County, Ireland|40,000|(% style="width:776px" %)Manufacturing, R&D and administrative offices 154 +|Simsbury, Connecticut|32,500|(% style="width:776px" %)Manufacturing, R&D and administrative offices 155 +|Shanghai, China|21,000|(% style="width:776px" %)R&D, sales and marketing support and administrative offices 156 +|Hsinchu, Taiwan|15,000|(% style="width:776px" %)R&D and administrative offices 157 + 158 + 159 += References = 160 + 161 +{{putFootnotes/}}