Market Overview

InvenSense and Symmetry Electronics Extend Value-Added Distribution Agreement Worldwide

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  • Deal extends worldwide reach
  • Delivers value-added support to MEMS solutions

TDK Corporation (TSE:6762) announces InvenSense Inc., a TDK Group
Company, and leading provider of MEMS sensor platform solutions, has
extended its strategic distribution agreement with Symmetry Electronics,
a leading global distributor of wireless, IoT and video technologies,
increasing the footprint and expanding the InvenSense "Sensing
Everything" platform globally. With the extended agreement, Symmetry
Electronics is now chartered with sales and value-added support for
InvenSense's MEMS sensor platform solutions worldwide. InvenSense
provides industry leading sensor technologies in motion tracking,
optical image stabilization, location tracking and audio microphones;
solutions can be found in the consumer, industrial, automotive and IoT
market sectors.

As a member of the TTI Semiconductor Group, Symmetry Electronics
specializes in wireless, IoT and video solutions, providing OEMs with a
focused and curated line card. TDK, having a long-standing relationship
with the TTI family of companies, now enables Symmetry Electronics to
support and distribute the full product portfolio of InvenSense; the
latest of acquisitions made by TDK.

"The growing market of IoT is increasing the need for high-quality,
low-powered MEMS sensors," said Mark Zack, Vice President and General
Manager at Symmetry Electronics. "We are extremely excited to offer
InvenSense products to our customers. The innovative technology
InvenSense provides will enable our customers to utilize cutting-edge
MEMS sensors in their IoT applications."

"Demand Creation through Distribution is vital to the success of the IoT
marketplace," said Dan Goehl, VP of Worldwide Sales at InvenSense. "We
are very excited to have Symmetry as a partner to help maximize our
success and provide our customers with such support, extending beyond
traditional distributor offerings."

Please visit: www.invensense.com
or contact InvenSense Sales at sales@invensense.com
for more information.

Glossary

  • MEMS: Micro Electrical Mechanical Systems
  • 6-Axis: 3-Axis Gyroscope + 3-Axis Accelerometer
  • IoT: Internet of Things

Main applications

  • Precision IoT devices
  • Premium smartphones
  • High Performance Virtual Reality Headsets
  • High Accuracy Robotics
  • Automotive solutions
  • Wearables

About TDK Corporation

TDK Corporation is a leading electronics company based in Tokyo, Japan.
It was established in 1935 to commercialize ferrite, a key material in
electronic and magnetic products. TDK's comprehensive portfolio features
passive components such as ceramic, aluminum electrolytic and film
capacitors, as well as magnetics, high-frequency, and piezo and
protection devices. The product spectrum also includes sensors and
sensor systems such as temperature and pressure, magnetic, and MEMS
sensors. In addition, TDK provides power supplies and energy devices,
magnetic heads and more. These products are marketed under the product
brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK
focuses on demanding markets in the areas of information and
communication technology and automotive, industrial and consumer
electronics. The company has a network of design and manufacturing
locations and sales offices in Asia, Europe, and in North and South
America. In fiscal 2018, TDK posted total sales of USD 12 billion and
employed about 103,000 people worldwide.

About InvenSense

InvenSense, Inc., a TDK Group company, is a world leading provider of
MEMS sensor platforms. InvenSense's vision of Sensing Everything®
targets the consumer electronics and industrial areas with integrated
Motion and Sound solutions. InvenSense's solutions combine MEMS (micro
electrical mechanical systems) sensors, such as accelerometers,
gyroscopes, compasses, and microphones with proprietary algorithms and
firmware that intelligently process, synthesize, and calibrate the
output of sensors, maximizing performance and accuracy. InvenSense's
motion tracking, audio and location platforms, and services can be found
in Mobile, Wearables, Smart Home, Industrial, Automotive, and IoT
products. In May of 2017, InvenSense became part of the MEMS Sensors
Business Group within the newly formed Sensor Systems Business Company
of TDK Corporation. InvenSense is headquartered in San Jose, California
and has offices worldwide. For more information, go to www.invensense.com.

About Symmetry Electronics

In July 2017, Symmetry Electronics was acquired by TTI, Inc., a
Berkshire Hathaway company. As an authorized global semiconductor
distributor offering technical support, sales and distribution of
wireless and video technologies, Symmetry has been selling electronic
components since 1998. Symmetry serves customers with a worldwide sales
and engineering team delivering technical services alongside an
e-commerce experience. With its focused line card, growing inventory and
unsurpassed technical support, Symmetry strives to support design
engineers and buyers throughout the design cycle and in production. The
company is headquartered in Los Angeles with international offices in
Mexico, Brazil, Canada and China. For more information about Symmetry
Electronics, visit www.symmetryelectronics.com.

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and symmetry electronics extend value-added distribution agreement
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