Nantero made the list? Really? They have been around for more than 10 years and there has been little to watch. Why start now? :-) And since when did IMEC become this authority in technology trends. They mostly seem to be a touch behind the leading edge.
An 11 year old company with no income is not a startup, just a money sink. Sorry, but the VCs have probably diluted all the employees shares by now so there's not much motivation for the working stiffs. Good luck anyway.
SiTime is not alone in MEMS timing devices, many others including IDT are catching up fast. These devices are NOT replacements for more accurate TCXO's/OCXO's so the Silicon timing market (pegged at $1.2B total, a subset of frequency control components market at $4B). Of this, the MEMS oscillator market is projected to be at ~$440M by 2017... so the market is starting to get crowded.
Hi MP, you are referring to a forward-looking forecast from Yole, which also gives SiTime 80% share of MEMS Timing. As with most technologies, once adoption accelerates, most forecasts are revised significantly upwards.
Along the same lines, here is a report of actual data published on the QIAJ (Quartz Industry Association of Japan) website.
Translation of key points:
1) Orders in Nov 2012 for QIAJ member companies are 25% lower in units and 23% lower in revenue compared to 1 year ago. Compared to October 2012 (1 month), they are 11.2% and 8.5% lower respectively.
2) 19th consecutive month of production decline of quartz crystal devices. Production decreased 27.6% on an annual basis. It's unclear if capacity was reduced.
Exec VP, Marketing, SiTime Corp.
Piyush, I appreciate the follow up. The link above went to a Kanji-font website so I reposted it below thru Google translate:
The TAM for MEMS may increase this year but we are already seeing rumblings about component price increases in 2013. I don't know how this is going to manifest itself...
You guys are missing the point....start-ups are considered young, bold, attractive. The heavy hitters only look at the VC ones. There are, for example, small beverage companies slowly climbing the cliff. Triple-S Michelada (Brownsville), for example, is a small company causing quite a stir in the beverage world and is virtually unknown at this point still. Zimbio, Technorati, Orkut are other ones that should be up and coming pretty soon. No matter the company---the class product they represent is the difference between $$ and $$$$$$$$$$$$.
I would strongly recommend, based on experience on both sides, that the advice notice to be read state that the most risky investment are where external shareholder have less than 50% of the voting rights and/or there are any loans from controlling directors however small (for they can put the company into receivership by calling in the websites like http://britainloans.co.uk/ and refusing as directors to pay and then simultaneously asset strip to their benefit).
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Each year, the temperature of NYCís start-up scene seems to get turned up another five degrees, with 2013 yielding by far the largest number and widest spectrum of companies. I think http://www.gfa.si is the most prominent company among all of those in list.
Blog That A-Ha Moment Larry Desjardin 12 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...