From EETimes: Spansion, which began last summer its transformation process from a flash memory specialist to a supplier of "embedded systems solutions," reported Tuesday fourth-quarter revenue of $313.7 million, a 40% increase from the same quarter a year ago, and up 14% sequentially.
Calling the acquisition of Fujitsu Semiconductor's MCU and analog businesses "a nice fit," John Kispert, CEO at Spansion, during a one-on-one interview with EE Times, remained optimistic about integrating two companies with vastly different cultures, geographical markets, and product lines.
The Fujitsu Semiconductor acquisition in August is paving the way for Spansion's development of new SoCs integrating Spansion's embedded flash technology with MCU, analog, and power management ICs.
Spansion plans to home in on the automotive market by launching new SoC products, the first fruits of the merger, in the middle of this year.
Spansion's CEO Kispert told EE Times that the company will fit new SoCs into automotive and the Internet of Things. Spansion's "ability to bring higher performance MCUs with embedded flash" is already getting "great traction" from its customers, he claimed.
A new family of microcontroller products that use our flash technology for automotive applications is scheduled for launch in mid-year, 2014, he said.
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