Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. Its development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering time to market. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. Its solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
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