Upcoming AWS Coverage on Amkor Technology Post-Earnings Results
LONDON, UK / ACCESSWIRE / November 7, 2016 / Active Wall St. blog coverage looks at the headline from QuickLogic Corp. (NASDAQ: QUIK) as the company announced on November 4, 2016, its partnership with motion technology industry leader CyWeeMotion Inc. This collaboration will see CyweeMotion deliver Android CTS compliant software and smartphone algorithms. QuickLogic plans to integrate its EOS S3 sensor processing platform, reportedly, the most advanced sensor processing system, in the latest venture. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
QuickLogic reported its fiscal Q3 ended October 2, 2016, results on November 02, 2016. One of its competitors within the Semiconductor - Integrated Circuits space, Amkor Technology, Inc. (NASDAQ: AMKR), announced on October 31 its financial results for Q3 ended September 30, 2016. AWS will be initiating a research report on Amkor Technology in the coming days.
Today, AWS is promoting its blog coverage on QUIK; touching on AMKR. Get all of our free blog coverage and more by clicking on the link below:
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QuickLogic is a developer of display bridge, programmable logic solutions, and is a developer of ultra-low power programmable sensor processing devices. CyweeMotion Inc. is the world leader in developing motion sensing technology. They launched the first sensor fusion solution across the world and innovate constantly to develop innovative algorithms. The Sensor Fusion Hub Solution helps the clients and firms to enable motion sensing and fast time-to-market capability with exceptional features for product's uniqueness.
According to the press release, the solutions developed under this partnership would provide always-on user activity detection, context and gesture identification along with voice recognition at ultra-low power levels. This development would give way to a new generation of smartphone applications.
Integration of Sensor Fusion Hub technology and EOS S3 Sensor Processing
This new under-development platform will probably deliver more robust solutions than the conventional Google Android platform. It will offer smartphone OEMs a new array of solutions where they can choose specific algorithms, add features, and modify it as per their convenience. For example, the Sensor Fusion Hub technology from CyweeMotion is sensor independent and offers sensing solutions quite important to always-on smart devices. The primary features are really diversified and provide motion sensing, pedestrian navigation (PDR), gesture recognition, and contextual awareness across different channels.
Bob Schoenfield, VP of worldwide sales and marketing at QuickLogic Corp., stated in a recent statement:
"CyWeeMotion's algorithms deliver motion and gesture support with full Android compliance to smartphone OEMs worldwide."
The EOS S3 sensor processing platform, from QuickLogic, is equally exceptional. This multi-core system enables MIPS-intensive sensor applications and MIPS-intensive algorithms on smartphones, wearable devices, and IoT devices. The wide-scale implementation of this ultra-low power, processing-efficient systems would enable the OEMs to extend battery life while designing futuristic devices.
The repercussions of such a partnership were visible almost a year before, when on, December 15, 2015, CyweeMotion collaborated with Cadence Design Systems, Inc., (NASDAQ: CDNS) announcing optimization of Sensor Fusion Hub software for Cadence® Tensilica® Fusion digital signal processors (DSPs). This solution would deliver a completely optimized, low-power sensor fusion platform for robust integration into smartphones and wearable devices.
Stock Performance
At the close of trading session on November 04, 2016, QuickLogic's stock price rose 2.63% to end the day at $0.80. A total volume of 423.96 thousand shares were exchanged during the session, which was above the 3-month average volume of 146.72 thousand shares. The stock currently has a market cap of $55 million.
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