Integrated Device Technology Inc (NASDAQ:IDTI) introduced an optical sensor that accurately detects UVB and ambient light. Like the recently announced ZOPT2202, the two-channel ZOPT2201 offers new health and wellness capabilities for wearables and other mobile technology, but also features the ability to measure light for screen controls. Developed by engineers at recently acquired Zentrum Mikroelektronik Dresden AG (ZMDI®), the new device with patented infrared light suppression can deliver ultra-accurate high-performance UVB and ambient light sensing (ALS).
The sensor also supports “contextual awareness” in multi-sensor systems by detecting indoor/outdoor conditions.
The global market for mobile sensing solutions is expected to see strong growth with as many as 2.3 billion optical sensors projected by 2018. IDT’s new UVB/ALS module is the latest product in the company’s portfolio of leading environmental sensing solutions for the mobile industry.
The ZOPT2201 sensor is available in a compact LGA6 (2.0×2.2×0.7mm) package.
Key Features of the ZOPT2201
- High UV sensitivity down to 0.022 µW/cm2 per count
- Ultra-low VIS/IR sensitivity through advanced packaging technology (patent pending)
- Integrated ALS spectrum that closely matches human eye response for high lux accuracy over different light sources
- Very stable spectral response over angle of light incidence
- Absolute sensitivity: 0.008 lux to 157,000 lux
- Linear UV Index measurement (1 to > 11) with an accuracy of ±1 UVI
- Tailored temperature compensation
- 50Hz/60Hz light flicker immunity
- Fluorescent light flicker immunity
Key Applications for Smart Phone and Wearable Platforms
- Detection of overexposure and underexposure to the sun’s UV rays
- Adjustment of display according to the ambient light
- Indoor and outdoor contextual awareness (Original Source)
Shares of Integrated Device Technology closed yesterday at $20.74. IDTI has a 1-year high of $29.04 and a 1-year low of $14.50. The stock’s 50-day moving average is $20.35 and its 200-day moving average is $22.92.
On the ratings front, Integrated Device has been the subject of a number of recent research reports. In a report issued on February 8, Chardan analyst Marc Estigarribia reiterated a Buy rating on IDTI, with a price target of $28, which represents a potential upside of 35.0% from where the stock is currently trading. Separately, on February 2, Topeka’s Sujeeva De Silva reiterated a Buy rating on the stock and has a price target of $26.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Marc Estigarribia and Sujeeva De Silva have a total average return of -6.1% and 17.1% respectively. Estigarribia has a success rate of 20.0% and is ranked #2942 out of 3698 analysts, while Silva has a success rate of 65.3% and is ranked #72.
Overall, 5 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $27.67 which is 33.4% above where the stock closed yesterday.
Integrated Device Technology Inc designs, develops, manufactures and markets low-power, high-performance mixed signal semiconductor solutions for the communications, computing and consumer industries.