Company Description
SiTime Corporation (Nasdaq: SITM) is described in its public communications as the Precision Timing company. Operating in the semiconductor and related device manufacturing industry, SiTime focuses on semiconductor MEMS programmable timing solutions that are used to generate precise timing signals in electronic systems. These solutions are positioned as an alternative to legacy quartz-based timing components.
According to multiple company press releases, SiTime’s semiconductor MEMS programmable solutions offer a feature set that is intended to help customers differentiate their products with higher performance, smaller size, lower power, and better reliability. The company states that it has shipped more than 3.5 billion devices (and in one release, more than 4 billion devices), and that it is "changing the timing industry" by redefining how timing components are designed and used.
Business focus and product areas
SiTime’s business centers on precision timing components built on MEMS (micro-electro-mechanical systems) technology and semiconductor processes. Its offerings, as described in available materials, include oscillators, clocks, and resonators that provide timing references for a wide range of electronics. The company highlights that its programmable timing devices are used where precise, stable, and reliable timing is important.
In a product announcement, SiTime introduced the Endura Super‑TCXO (temperature compensated oscillator), ENDR‑TTT, designed for position, navigation and timing (PNT) applications. This device is described as an ultra‑stable, low‑power product for GNSS receivers in aerospace, defense, and industrial markets, with characteristics such as extended holdover when GNSS signals are unavailable and resistance to jamming and spoofing. The company states that this product can provide significantly longer holdover and improved PNT accuracy compared to quartz alternatives, along with enhanced shock resistance, wide operating temperature range, and low g‑sensitivity.
In another announcement, SiTime launched the Titan Platform™, a family of MEMS resonators that the company describes as much smaller than legacy quartz resonators. Titan is built on SiTime’s sixth‑generation MEMS technology, FujiMEMS™. The company positions Titan as enabling miniaturization and integration in small, battery‑powered, connected devices. SiTime notes that Titan can be implemented as a PCB‑mounted component or as a bare die co‑packaged with SoCs or MCUs, which can reduce board area and support more integrated designs.
End markets and applications
SiTime’s communications emphasize that its Precision Timing solutions are used across multiple end markets. In its financial results and product releases, the company references demand from communications, enterprise, and data center markets, particularly where AI‑related workloads drive the need for high‑performance and resilient timing. It also highlights applications in aerospace, defense, industrial, wearables, medical devices, smart home, and industrial IoT, especially for products that benefit from small size, low power consumption, and robust operation.
For example, the Titan resonator platform is described as being engineered for edge applications such as wearables (including smartwatches, fitness bands, continuous glucose monitors, smart eyewear, and fitness rings), certain medical devices (such as hearing aids and biosensors), and smart home and industrial IoT sensors and asset trackers. The Endura Super‑TCXO is described for use in GNSS receivers that require precise timing even when satellite signals are degraded or unavailable.
Technology approach
Across its communications, SiTime emphasizes the use of MEMS‑based timing technology combined with semiconductor manufacturing and programmable architectures. The company describes its technology as providing advantages in size, power, stability, and environmental robustness versus traditional quartz‑based timing components. Features cited in product literature include:
- Ultra‑stable frequency performance over wide temperature ranges.
- Extended holdover capability for PNT applications when GNSS is unavailable.
- High resistance to shock and vibration.
- Low g‑sensitivity and long‑term aging characteristics that are intended to reduce or eliminate field recalibration.
- Optional digital interfaces (such as I2C/SPI) for system‑level frequency fine‑tuning on certain devices.
The company also notes that its programmable timing solutions are designed to support integration into complex systems, including co‑packaging with SoCs or MCUs, which can help system designers manage board space and power budgets while maintaining precise timing.
Capital markets and corporate profile
SiTime’s common stock, with a par value of $0.0001 per share, is listed on The Nasdaq Stock Market LLC under the trading symbol SITM, as disclosed in an 8‑K filing. The company has used SEC‑registered offerings to raise capital; for example, an 8‑K describes an underwriting agreement for an offering of common stock under an effective shelf registration statement on Form S‑3, with several investment banks acting as underwriters and book‑running managers.
SiTime files periodic and current reports with the U.S. Securities and Exchange Commission (SEC), including Forms 10‑K, 10‑Q, and 8‑K. These filings provide details on its financial condition, results of operations, risk factors, corporate governance, and material events such as board changes and capital raises. In its earnings releases, the company also presents non‑GAAP financial measures and provides reconciliations to GAAP metrics, explaining adjustments such as stock‑based compensation, amortization of acquired intangibles, and acquisition‑related costs.
Governance and board developments
SiTime’s 8‑K filings and press releases document changes in its Board of Directors. One filing describes the resignation of a director, Tom Yiu, and the appointment of Ganesh Moorthy as a Class I director for a term expiring at the company’s 2026 annual meeting of stockholders. The filing notes that Mr. Moorthy’s appointment filled the vacancy created by the resignation and that his resignation predecessor’s departure was not due to any disagreement on company matters. The company also discloses that Mr. Moorthy is compensated under its Independent Director Compensation Policy and has entered into a standard indemnity agreement.
These governance disclosures, along with periodic financial reporting, are part of SiTime’s regulatory obligations as a Nasdaq‑listed issuer and provide investors with information about board composition and oversight.
Use of non‑GAAP metrics
In its quarterly earnings press releases, which are furnished as exhibits to 8‑K filings, SiTime explains its use of non‑GAAP financial measures. The company states that it believes these measures provide additional insight into ongoing performance and core operational activities, and it reconciles them to the most directly comparable GAAP figures. Adjustments typically include stock‑based compensation, amortization of acquired intangibles, and acquisition‑related costs, and the company notes that these non‑GAAP metrics should be considered alongside, not as a substitute for, GAAP results.
Stock and investor communications
SiTime regularly announces the timing of its quarterly financial results and associated conference calls via press releases. These announcements typically include the date and time of the call, references to a live audio webcast, and information about registration for dial‑in access. The company also participates in investor conferences, where management hosts fireside chats and meets with investors, as described in its news releases.
Overall, SiTime presents itself as a semiconductor company focused on Precision Timing through MEMS‑based, programmable timing components such as oscillators, clocks, and resonators. Its public disclosures emphasize performance, programmability, and reliability as key attributes of its products, and highlight the use of these devices in communications, data center, aerospace, defense, industrial, wearable, medical, and IoT applications.