Until recently, all MEMS oscillators used compensation circuitry to stabilize the output frequency over temperature. SiTime's TempFlat MEMS oscillators eliminate temperature compensation, resulting in dramatically higher performance in a smaller size, with lower power consumption and cost. "The silicon MEMS oscillator market is expected to grow at a CAGR of 60% to $467M in 2018 and is one of the top three growth areas in the MEMS industry," said Laurent Robin, activity leader and principal analyst at Yole Developpement. "SiTime's TempFlat MEMS is an exciting development that enables SiTime to target any precision timing application, without exception. The unbeatable combination of SiTime's TempFlat MEMS technology and semiconductor infrastructure will permanently change the timing market, and accelerate the adoption of silicon MEMS timing solutions." "SiTime was founded with the vision of revolutionizing the timing market with game-changing MEMS and analog technology. In 2006, our semiconductor process enabled the first production MEMS oscillator. Since then, we have had many firsts - we introduced a MEMS TCXO, a MEMS oscillator with 500 femtoseconds of jitter, and a clock generator with integrated MEMS - all of which are used in consumer, industrial and cloud applications. Most recently, we entered the fast-growing smartphone market with our TempFlat MEMS-based 32 kHz oscillators," said Rajesh Vashist, CEO of SiTime. "In 2011, SiTime demonstrated 100 PPB (parts per billion) stability with our high-performance temperature compensation. With TempFlat MEMS, which is 30 times better than SiTime's prior resonators, we can get to 5 PPB oscillators for Stratum 3E timing in base stations, small cells and optical networking. SiTime is now uniquely able to service all segments of the electronics industry." SiTime