SiTime releases new chip geared toward wearable devices  — TradingView Information

SiTime SITM on Wednesday launched a brand new chip geared toward serving to it enter a $4 billion market and land prospects in wearable digital units.

The small Santa Clara, California-based chip firm, which had simply over $200 million in gross sales final yr, is likely one of the few that focus particularly on what are referred to as timing chips.

The job of timing chips is to maintain the entire different chips in a fancy digital machine in sync, like a conductor on the entrance of an orchestra. While SiTime doesn’t disclose its prospects, analysts have discovered its chips in teardowns of Apple AAPL iPhones and a few of Nvidia’s NVDA networking switches.

The chip is dubbed “Titan,” partly as a play on the actual fact it shrinks a part that was beforehand the dimensions of a grain of rice to the dimensions of a pinhead. It replaces earlier applied sciences based mostly on quartz crystals with a silicon-based machine, which SiTime says will make it much less fragile than older applied sciences.

“It’s basically highly ruggedized, super-low power and super small in size,” SiTime CEO Rajesh Vashist advised Reuters in an interview.

Bob O’Donnell, chief analyst at TECHnalysis Research, stated the Titan chip may very well be utilized in units similar to wi-fi earbuds, good glasses and different devices the place dimension and battery life are of paramount significance to engineers.

“These are all things that sip on power as it is, but if you sip on it a little bit less, it’s all part of that general trend of miniaturization,” O’Donnell advised Reuters. “It’s one of these core ingredients – it’s way down in there, and you’re never going to see it in the dish, but it’s part of what makes it all work.”