Cypress Semiconductor Corporation is a US based semiconductor design and manufacturing company offering NOR flash memories, F-RAM, USB connectivity solutions, captive touch sensing controllers and much more. The company generates revenue through operations in four major geographical regions: Europe, Greater China, Japan and United States. As of Q2 2019, the revenues from the different geographical regions came in at. And let’s look into Cypress Revenue by Region data here.
Revenue by region
(in thousands USD)
*Greater China includes China, Taiwan and Hong Kong ** ROW stands for Rest of the World
Cypress has operations in various countries such as the United States, India, Ireland and the Philippines. The total revenue generated from operations in different geographical regions amounted to $532221 thousand for the quarter ended June30,2019 which represents a 14.7 per cent decline compared to the same period in 2018.
All the regions have reported a significant decline in revenue which could be attributed to several reasons such as demand softening across different businesses such as microcontroller and wireless connectivity products, NAND flash business divestiture and others.
China, Taiwan and Hong Kong which together contribute over 37 per cent of the revenue, reported approximately a 20 per cent decline for the quarter ended June30, 2019 compared to the same period in 2018.
Japan, the second largest revenue contributor, also reported a nearly 10 per cent decline in revenue.
The other regions also reported a declining revenue adding up to the 14.7 per cent overall decline.
Cypress Semiconductor Corporation, headquartered in San Jose, California, manufactures and sells advanced embedded system solutions for automotive, industrial, consumer and enterprise end markets. Cypress’ microcontrollers, analog ICs, wireless and wired connectivity solutions and memories help engineers design differentiated products and help with speed to market.
The company is committed to providing customers with on-demand, high-quality support and engineering resources. The company is publicly listed on NASDAQ Global Select Market under the ticker symbol “CY”. Their business strategies are focused on meeting customer demand, providing a wide range of products through product portfolio expansion and leveraging their market position.
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* Billed annually, local taxes extra.
* Local taxes extra.