ST, Bosch in dead heat for MEMS market lead
PORTLAND, Ore.—InvenSense Inc. grew sales by 30 percent in 2012 to $186 million, prompting IHS iSuppli to declare the Sunnyvale, Calif.-based company "the most successful MEMS startup ever." But despite the firm's rapid growth, InvenSense ranked 13th in the world in MEMS sales in 2012 as the market once again grew at a healthy clip, according to IHS's latest report on the MEMS market.InvenSense's success originated with its 2009 invention of its Nasiri Process, which uses wafer bonding of an application-specific integrated circuit (ASIC) wafer onto its MEMS wafer, thus protecting it from contamination while reducing the overall cost of its package. Named after InvenSense's founder, Steve Nasiri (now at Nasiri Ventures LLC), the Nasiri process enabled InvenSense to create accurate, low power MEMS devices that nevertheless were inexpensive to manufacture for consumer applications.
The total market for MEMS chips grew about 5 percent in 2012 to reach $8.3 billion, according to IHS iSuppli's annual MEMS Competitive Analysis Report. Bosch and STMicroelectronics were neck-and-neck at $793 million for 2012, giving them both claims to No. 1 in MEMS, with STMicrolectronics growing 23 percent while Bosch grew 8 percent, IHS said.
Earlier this month, InvenSense announced that it would expand its MEMS offerings from the low-precision low-price consumer markets to the high-precision high-priced industrial markets, offering two initial entries—its ITG-31Nx three-axis gyroscope and its MPU-61Nx six-axis combo accelerometer/gyroscope. Both offer industrial-grade performance in the harsh industrial environments where extreme temperature ranges and severe shocks are commonplace. Gyroscope drift for the industrial grade parts is just 25 degrees per hour and accelerometer noise is 25 percent lower than consumer parts, with bias instability of just 0.01 milligrams.
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