Maxim's New SoC for Smart Grid - Analyst Blog
11 Ottobre 2012 - 4:00PM
Zacks
Maxim Integrated Products
Inc. (MXIM) recently launched a complete smart-meter
system-on-a-chip (SoC) called Zeus for the smart grid. The new
smart meter SoC will provide reliability, accuracy, faster
processing power and advanced security for communication
protocols.
A smart meter keeps a record of the
power consumed, provides information about usage and helps utility
companies for billing purposes.
Maxim’s Zeus is superior because it
allows greater precision in the measurement of power within the
smart grid and the efficient communication of the information as
required. It also takes care of security, which is becoming more of
a concern because smart meters are increasingly getting
connected.
In the present day, there is a
growing imbalance between demand and supply of energy, due to a
rise in the world population, greater industrialization and
depleting natural resources to feed this demand. This is leading to
energy efficient structures such as the smart grid. Global energy
consumption is expected to reach 20-trillion kilowatt-hours in 2012
and to grow another 10 trillion hours by 2035. Business market
researcher marketsandmarkets.com states that the global smart grid
market is expected to reach $80.6 billion from $22.8 billion at a
CAGR of 28.7% from 2011 to 2016.
Thus, this is a good time for Maxim
to build capabilities in the space that could help it tap this
immense growth opportunity. Maxim’s product portfolio also boasts
other smart-meter SoCs like Newport, Metrology SoCs, G3-PLC
powerline modem, Secure microcontroller, Power-management
controller, 24-bit sigma-delta ADC and the latest being Zeus.
Maxim is facing competition from
other analog makers such as Linear Technology
Corp. (LLTC), STMicroelectronics (STM),
Analog Devices (ADI) and Texas Instruments
Inc. (TXN) among others.
In the fourth quarter of 2012 (the
last-reported quarter), Maxim posted revenue of $605.0 million, up
5.9% sequentially, down 3.4% year over year and within management’s
guidance range of $590.0-620.0 million. Revenue was down across all
end-markets in the last quarter.
Currently, Maxim Integrated
Products Inc. has a Zacks #3 Rank, implying a short-term ‘Hold’
rating.
ANALOG DEVICES (ADI): Free Stock Analysis Report
LINEAR TEC CORP (LLTC): Free Stock Analysis Report
MAXIM INTG PDTS (MXIM): Free Stock Analysis Report
STMICROELECTRON (STM): Free Stock Analysis Report
TEXAS INSTRS (TXN): Free Stock Analysis Report
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