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Microchip Launches 10 Multi-Channel Remote Temperature Sensors

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Microchip Technology (Nasdaq: MCHP) has launched the MCP998x family of automotive-qualified remote temperature sensors, offering 10 devices with 1°C accuracy at a wide operational temperature range. These sensors integrate resistance error correction and beta compensation, reducing board complexity and size. The MCP998x family provides customers with a broad range of automotive multi-channel temperature sensors to choose from, with features designed for high temperature applications in automotive functions including HID lamps, ADAS, automotive servers, video processing, infotainment systems, engine control, telematics, and body electronics such as seat control, lighting systems, mirror control, and power windows.
Positive
  • Microchip Technology has launched the MCP998x family of automotive-qualified remote temperature sensors
  • The MCP998x family offers 10 devices with 1°C accuracy at a wide operational temperature range
  • The sensors integrate resistance error correction and beta compensation, reducing board complexity and size
  • The MCP998x family provides customers with a broad range of automotive multi-channel temperature sensors to choose from
  • The sensors are designed for high temperature applications in various automotive functions
Negative
  • None.

Microchip Technology's introduction of the MCP998x family of temperature sensors addresses a significant need in the automotive industry for reliable, multi-channel temperature monitoring. This innovation is likely to be well-received by automotive manufacturers, given the increasing complexity and thermal management requirements of modern vehicles. The sensors' ability to provide 1°C accuracy and operate at a wide temperature range is particularly important for electric vehicles (EVs) and advanced driver-assistance systems (ADAS), where precise temperature control can impact both performance and safety.

From a supply chain perspective, the availability of a large portfolio from a single vendor simplifies procurement and potentially reduces lead times. This strategic move could position Microchip Technology as a preferred vendor in the automotive sensor market, potentially increasing their market share and positively impacting their financial performance.

The launch of the MCP998x family by Microchip Technology represents a strategic expansion into a niche market with limited competition. Given the broad application potential across various automotive systems, this product line could lead to increased revenue streams for Microchip. The emphasis on security features, such as non-overwritable shutdown temperature setpoints, aligns with the industry's growing focus on cybersecurity, which could give Microchip a competitive edge.

Investors should monitor Microchip's future earnings reports for increases in revenue attributed to the MCP998x family. Additionally, market adoption rates and partnerships with automotive manufacturers will be key indicators of the long-term financial impact of this product launch.

The automotive sensor market is projected to grow substantially, driven by the proliferation of EVs and the integration of ADAS in modern vehicles. Microchip's MCP998x family directly caters to these trends. The differentiation in terms of accuracy and high-temperature performance could enable Microchip to capture a larger share of the market.

Furthermore, the reduction in board complexity and BOM costs for manufacturers could lead to broader adoption of Microchip's sensors. The company's ability to offer a diverse range of sensors within the same family allows for customization based on specific manufacturer needs, which is a significant advantage in a market where flexibility and precision are highly valued.

MCP998x family represents one of the largest automotive-grade remote temperature sensor portfolios available from a single vendor

CHANDLER, Ariz., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Thermal management is a critical aspect of automotive design, yet compared to many other components, there is a noted lack of options when it comes to multi-channel remote temperature sensors. To fill this gap, Microchip Technology (Nasdaq: MCHP) has launched the MCP998x family of 10 automotive-qualified remote temperature sensors. The MCP998x family is one of the largest portfolios of automotive-grade multi-channel temperature sensors in the industry and is designed for 1°C accuracy at a wide operational temperature range. The device family includes five sensors with shutdown temperature setpoints that are designed not to be overwritten by software or maliciously disabled.

With up to five channels of monitoring and several alert and shutdown options for security, this product family can support systems that supervise more than one thermal element. The remote sensors also integrate resistance error correction and beta compensation, eliminating the need for additional configuration for improved accuracy. Monitoring temperatures at multiple locations with a single, integrated temperature sensor reduces board complexity and size and simplifies design for a lowered bill of material (BOM).

“This new family of remote temperature sensors is expanding customer choice in a product category that, historically, has offered limited options,” said Fanie Duvenhage, vice president of Microchip’s mixed-signal and linear unit. “With 10 devices to choose from, each offering better accuracy in very high temperature applications and five with shutdown safety features, the MCP998x family gives customers a broad range of automotive multi-channel temperature sensors to choose from.”

More accurate where it counts, designed for 2.5°C accuracy up to 125°C, the MCP998x device family can be used at the high end of the traditional temperature range where many competitors are challenged. This high temperature tolerance makes them well-suited for automotive applications where operating temperatures for electronics is a major factor. The MCP998x sensors are designed to support vehicle functions including HID lamps, advanced driver-assistance system (ADAS), automotive servers, video processing, infotainment systems, engine control, telematics and body electronics such as seat control, lighting systems, mirror control and power windows. Visit the website to learn more about Microchip’s full portfolio of temperature sensors.

Development Tools
To enable easier design and development, the MCP998x family is supported by the new EV23P16A evaluation board.  

Pricing and Availability
The MCP998x family of multi-channel temperature sensors is available starting at $0.63 each in 10,000-unit quantities. For additional information and to purchase, contact a Microchip sales representative, authorized worldwide distributor or visit Microchip’s Purchasing and Client Services website, www.microchipdirect.com.

Resources
High-res images available through Flickr or editorial contact (feel free to publish): https://www.flickr.com/photos/microchiptechnology/53437974711/sizes/l/

About Microchip Technology:
Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 124,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

Disclaimers and Notices
Performance varies by use, configuration and other factors. No product or component can be absolutely secure. Your costs and results may vary.

Note: The Microchip name and logo, the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

Editorial Contact:Reader Inquiries:
Name: Amber Liptai1-888-624-7435
Phone: 480-792-5047 
amber.liptai@microchip.com 


FAQ

What is the ticker symbol for Microchip Technology?

The ticker symbol for Microchip Technology is MCHP

How many devices are offered in the MCP998x family of remote temperature sensors?

The MCP998x family offers 10 devices

What is the accuracy of the MCP998x sensors?

The MCP998x sensors offer 1°C accuracy at a wide operational temperature range

What automotive functions are the MCP998x sensors designed to support?

The MCP998x sensors are designed to support various automotive functions including HID lamps, ADAS, automotive servers, video processing, infotainment systems, engine control, telematics, and body electronics such as seat control, lighting systems, mirror control, and power windows

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About MCHP

microchip technology inc. (nasdaq: mchp) is a leading provider of microcontroller, mixed-signal, analog and flash-ip solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. microchip serves over 70,000 customers in more than 65 countries who are designing high-volume embedded control applications in the consumer, automotive, office-automation, communications and industrial-control markets worldwide. headquartered in chandler, arizona, microchip offers outstanding technical support along with dependable delivery and quality.