DALLAS, Oct. 9, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring technology company Cirrus Logic Inc. (Nasdaq:CRUS). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Cirrus Logic Inc. (Nasdaq:CRUS) should be of particular interest to other technology companies: TranSwitch Corp. (Nasdaq:TXCC), STMicroelectronics N.V (NYSE:STM), Texas Instruments Inc. (NYSE:TXN) and Maxim Integrated Products Inc. (Nasdaq:MXIM).
The full report is available at: http://www.stockpreacher.com/n/CRUS
Cirrus Logic Inc. (CRUS) develops high-precision, analog and mixed-signal integrated circuits for a broad range of innovative customers. Building on its diverse analog and signal-processing patent portfolio, CRUS delivers highly optimized products for a variety of audio and energy-related applications. The Company delivers optimized products for consumer and commercial audio, automotive entertainment and industrial applications. The Company also develops ICs, board-level modules and hybrids for high-power amplifier applications branded as the Apex Precision Power line of products.
In the report, the analyst notes:
"The Company concentrates its research and development efforts on the design and development of new products for each of its principal markets. Expenditures for research and development in fiscal years 2009, 2008 and 2007 were $44.3 million, $48.5 million, and $44.0 million, respectively. As of March 28, 2009, the Company held 1,094 U.S. patents, 136 U.S. pending patent applications and various corresponding international patents and applications.
"Leveraging its model for success in portable audio products, the Company is now developing innovative new energy products to reduce energy consumption for consumer applications, such as laptop chargers, appliances and home electronics. CRUS sees the LED controller chip as one in a family of energy-savings chips involving a number of markets. The Company already has introduced a first chip called a power factor correction device that reduces the energy draw from such things as the internal power supplies in computers and TV set-top boxes. If the Company's recent push into next-generation lighting technology takes off, CRUS could see a new surge of growth."
To read the entire report visit: http://www.stockpreacher.com/n/CRUS
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