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CY meaning in Business ?

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Answer: What is Cypress Semiconductor Corporation mean?

Cypress Semiconductor Corporation is an American semiconductor design and manufacturing company, and is now a subsidiary of Infineon Technologies. It offered NOR flash memories, F-RAM and SRAM Traveo microcontrollers, the industry's only PSoC programmable system-on-chip solutions, analog and PMIC Power Management ICs, CapSense capacitive touch-sensing controllers, Wireless BLE Bluetooth Low-Energy and USB connectivity solutions.

Its headquarters are in San Jose, California, and it has operations in the United States, Ireland, India and the Philippines.

In April 2016, Cypress Semiconductors announced the acquisition of Broadcom's Wireless Internet of Things Business. The deal was closed in July 2016. In June 2019, Infineon Technologies announced it would acquire Cypress for $9.4 billion. The deal closed in April 2020, making Infineon one of the world's top 10 semiconductor manufacturers.

Some of its main competitors include Microchip Technology, NXP, Renesas and Micron.

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