Standard Microsystems Corp. (SMSC)

Standard Microsystems Corporation engages in the design and sale of silicon-based integrated circuits (ICs) that utilize analog and mixed-signal technologies. The company offers USB 2.0 hub controllers and combination hub/flash memory card reader products; USB 2.0 flash memory card readers; USB-to-Ethernet controllers; 10 and 100 Mbps Ethernet controllers and transceivers, and software drivers for consumer electronics and industrial applications; physical layer transceiver products designed for smart phones, personal digital assistants, and other handheld mobile devices; network multimedia processing engines that supports audio/video streams, software protocol stack management, and security; and embedded communications products for wireless base stations, copiers, building automation, robotics, gaming machines, and industrial applications. It also provides embedded Ethernet switches; embedded controllers for original equipment manufacturers, original design manufacturers, and PC designers; I/O controllers; and x86-based server solutions. In addition, the company develops analog products, mobile products, and automotive information products. Its products provide connectivity, networking, or input/output control solutions for various communication, computer and related peripheral, consumer electronics, industrial control systems, or automotive information applications. Standard Microsystems sells its products through direct sales force, independent, third party sales representatives, and distributors. It has operations in the United States, Germany, Japan, China, Korea, Singapore, and Taiwan. The company was founded in 1971 and is headquartered in Hauppauge, New York.

For the nine months ended 30 November 2006, Standard Microsystems Corporation's revenues rose 20% to $280.9M. Net income totaled $19.2M, up from $8.4M. Revenues reflect higher sales of Mobile & Desktop PC products, increased sales of intellectual property due to the acquisition with OASIS and increased sales of Consumer Electronics & Infotainment products. Net income also reflects the absence of In-process R&D expenses and higher interest income.