INTRODUCING | The 18SCT005A, a high-voltage monitor capable of 1200V at 0.7% accuracy.
INTRODUCING
The 18SCT005A, a high-voltage monitor capable of 1200V at 0.7% accuracy
Averaging nearly 40% annual growth over the last 5 years
TEMECULA, Calif. — Jan. 20, 2024 — SimpleChips, a privately held California corporation, is pleased to announce that the company has tripled its revenue in fiscal year 2023. The company’s revenue is a diversified mix of ASIC non-recurring engineering (NRE) service agreements and product sales. The revenue growth was paired with healthy gross margins and disciplined operational management.
“2023 was a strong year for SimpleChips, highlighting the success of our business model,” said Alain Comeau, CEO and CTO at SimpleChips, “Not only did we more than triple our year-over-year revenue, but we added several Tier-1 companies to our client roster and strengthened our position in the defense and medical markets. We are looking forward to building on this momentum in 2024.”
SimpleChips is a global provider of analog and mixed-signal integrated circuits for medical, industrial and military applications. Our mission is to provide simple and cost-effective semiconductor solutions for complex real-world applications ranging from tailor-made custom solutions to off-the-shelf application specific standard solutions. Additional information can be found by visiting www.simplechips.com and on LinkedIn.