InvenSense: Leading the Always-On Revolution to Profits
Already a leader in motion sensing and tracking technology used in smartphones and game consoles, InvenSense (NYSE: INVN ) recently released some intriguing chips for the "always-on" revolution. The company has been a promising technology stock for a couple of years, based on speculation that it would add Apple to an already-strong customer base including Samsung (NASDAQOTH: SSNLF ) , LG Electronics, and Nintendo, among others. The latest chip releases suggest InvenSense could leap into the wearable market and unleash years of growth without obtaining Apple as a customer.
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