NASDAQ: CRUS

Stock Quote: NASD

Last Price: 78.67

Change: +0.11 (+0.14%)

Open: 78.55

Previous Close: 78.56

Jun 22, 2021 04:00 PM Pricing delayed 20 minutes

Ask the CEO

Questions for our CEO can be submitted through the form at the bottom of this page.

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(May 20, 2020)Given the recent news on China and Huawei, can you provide an update on Cirrus Logic’s relationship with Chinese OEMs?

Answer:
Though sales to our end customers in China make up a relatively small proportion of the company’s overall revenues, we currently supply components to numerous OEMs in China, including Huawei. We continue to have strong relationships with these customers, and are focused on providing outstanding support and targeting new opportunities while complying with all applicable government regulations and restrictions.



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(February 13, 2020)Any chance your technology can be useful for the hearing impaired?

Answer:
Yes, we have previously provided low power components in hearing aids and there are a few products shipping today that have incorporated our technology into consumer personal sound amplification products (PSAPs). However, the hearing aid market is currently not a target given its size and fragmentation. We continue to see exciting innovation in other wearable consumer devices, such as PSAPs and truly wireless headsets that are bringing more features to enhance user experiences around hearing augmentation, ambient awareness and overall hearing health related applications.



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(January 30, 2020)Is there any possibility for significant monetization of the microphone business through selling its IP?

Answer:
At this time we do not expect to monetize any of the intangible assets (including intellectual property) associated with our discontinued MEMS product line, but will continue to explore potential options for those and other assets. We would note, that as a rule Cirrus Logic is cautious about patent sales given they can potentially end up in the hands of patent trolls, which we view as a negative for the industry in general, and occasionally for our customers.

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