Automotive sector drives double digit growth at ZMDI
2012-02-03 itersnews
“ZMDI is making good progress in the implementation of its growth strategy and we are very satisfied with the company’s performance in financial year 2011. Just like the case in 2010, we exceeded our original targets significantly and also took some important strategic steps in 2011. In the coming year, we will work intensively to permanently secure the progress we have made, “ Thilo vo Selchow, management board chairman.
“Above all, therefore, we will focus on securing the growth of our business in 2012. As expected, the business climate has gotten rougher in the last few months. It is still too early, however, to offer a detailed estimate for the full year. It remains to be seen whether and to what extent the semiconductor industry can escape the repercussions of the debt crisis in Europe. Based on the information available to us today, we anticipate revenue growth of around five percent in 2012. To be even closer to our customers, we will continue to expand capacities in our application laboratories in Munich, Silicon Valley, Boston and Seoul. Also, we will strengthen our product pipeline by making substantial investments in research and development, so we can continue on the same course of dynamic growth that we have followed in the last few years. With regard to products, we will place particular emphasis on power management products in 2012,” added he.
Focus on power management
With a total of 36 new products planned in 2012, ZMDI has set itself the goal of exceeding the record of 24 new products introduced in 2011, when they celebrated their 50th anniversary. In expanding the portfolio of products for customers, particular emphasis will be placed on “smart power management.” Late in the third quarter of 2011, ZMDI introduced its first power management products, which are considered to be one of the most important future growth fields for energy-efficient semiconductors. ZMDI circuits represent a real solution to the significant reduction of CO2 emissions, particularly in data centers. Due to the large amounts of electricity consumed in the cooling process data centers rank as one of the primary producers of CO2 emissions. ZMDI expects its energy efficient power management products to make a significant revenue contribution in 2013.
About ZMDI
Zentrum Mikroelektronik Dresden AG (ZMDI) is a premier supplier of innovative energy efficient analog and mixed-signal semiconductors for the automotive, mobile medical, industrial automation, and consumer markets. The Company’s application-specific standard products (ASSPs) and application-specific integrated circuits (ASICs) are known for their robust, cost-effective performance in demanding environments characterized by high temperature, high voltage, and the need for ultra-low power. Headquartered in Dresden, Germany, ZMDI has 300 employees worldwide and serves customers from its offices in Dresden, Stuttgart, Germany; Milan, Italy; Pocatello, ID; Milpitas, CA, Phoenix, AZ, US, Tokyo, Japan, Seoul, Korea and Taipei, Taiwan. ZMDI has design centers in Dresden, Stuttgart, Munich, Germany; Varna, Bulgaria; and Limerick, Ireland. See more at www.zmdi.com.