Cypress Named Among Best-Performing Global Tech Companies by BusinessWeek | Cypress Semiconductor
Cypress Named Among Best-Performing Global Tech Companies by BusinessWeek
Magazine's InfoTech 100 List Ranks Companies by Combined Total Revenues, Revenue Growth, Return on Equity and Shareholder Return
SAN JOSE, Calif., June 27, 2008 - Cypress Semiconductor Corp. (NYSE: CY) has been named to BusinessWeek magazine's InfoTech 100 list of top-performing global technology companies. Cypress ranked No. 44 on the index, which rated approximately 800 publicly traded technology companies on four areas of financial performance over the past four quarters: total revenues, revenue growth percentage, return on equity and shareholder return.
Cypress is the highest rated U.S.-based semiconductor company on the list, and one of only 33 American companies to make the list this year.
Cypress's revenue for the 12 months ending Q108 grew 43 percent to $1.696 billion, growing faster than five of the top 10 companies in the overall BusinessWeek ranking, including Amazon.com and Apple. Cypress also outperformed nearly half of the top-20 companies in shareholder return.
The InfoTech 100 was published earlier this month in BusinessWeek, and has appeared in the magazine every year since 1998. Further research details and methodology are included in the article.
About CypressCypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the PSoC® Programmable System-on-Chip™, USB controllers, general-purpose programmable clocks and memories. Cypress also offers wired and wireless connectivity solutions ranging from its WirelessUSB™ radio system-on-chip, to West Bridge™ and EZ-USB® FX2LP controllers that enhance connectivity and performance in multimedia handsets. Cypress serves numerous markets including consumer, computation, data communications, automotive, industrial, and solar power. Cypress trades on the NYSE under the ticker symbol CY. Visit Cypress online at www.cypress.com.
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Cypress and the Cypress logo, PSoC and EZ-USB are registered trademarks of Cypress Semiconductor Corporation. Programmable System-on-Chip, WirelessUSB and West Bridge are trademarks of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners