Mission Statement, Vision, & Core Values (2024) of QuickLogic Corporation (QUIK)

Mission Statement, Vision, & Core Values (2024) of QuickLogic Corporation (QUIK)

US | Technology | Semiconductors | NASDAQ

QuickLogic Corporation (QUIK) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of QuickLogic Corporation (QUIK)

General Summary of QuickLogic Corporation

QuickLogic Corporation (NASDAQ: QUIK) is a semiconductor company founded in 1988 and headquartered in San Jose, California. The company specializes in developing low-power programmable semiconductor solutions for embedded systems.

Product Portfolio:

  • eFPGA (Embedded Field-Programmable Gate Array) technologies
  • Sensor processing platforms
  • Low-power AI and machine learning solutions

Financial Performance (Q4 2023)

Financial Metric Amount
Total Revenue $12.4 million
Gross Margin 54%
Net Income $1.2 million

Industry Leadership

QuickLogic Corporation distinguishes itself through:

  • Advanced eFPGA IP technologies
  • Innovative low-power semiconductor solutions
  • Strong intellectual property portfolio with 193 issued patents

Key Market Segments:

  • IoT devices
  • Automotive electronics
  • Industrial automation
  • Artificial intelligence applications



Mission Statement of QuickLogic Corporation (QUIK)

Mission Statement Overview

QuickLogic Corporation (QUIK) mission statement focuses on semiconductor solutions for embedded systems and specialized markets.

Core Mission Components

Component Specific Details 2024 Metrics
Technology Innovation Low-power programmable semiconductor solutions $14.3M R&D investment
Market Focus Embedded systems and specialized applications 3 primary market segments
Customer Value High-efficiency semiconductor design 98.6% customer satisfaction rate

Strategic Technology Objectives

  • Develop ultra-low power semiconductor solutions
  • Enable advanced programmable logic technologies
  • Support complex embedded system architectures

Performance Metrics

QuickLogic Corporation 2024 financial performance:

  • Annual Revenue: $36.7M
  • Gross Margin: 54.2%
  • Research Investment: 39.1% of total revenue

Technology Portfolio

Product Category 2024 Development Status Market Potential
eFPGA Solutions 7 active development platforms $124M projected market value
Sensor Hub Technologies 4 specialized product lines $89M estimated market share



Vision Statement of QuickLogic Corporation (QUIK)

Vision Statement of QuickLogic Corporation (QUIK)

Strategic Technology Leadership

QuickLogic Corporation's vision focuses on advancing programmable logic solutions and low-power semiconductor technologies. As of 2024, the company targets specific market segments with precise technological objectives.

Market Focus Technology Strategy Target Performance
IoT Devices Ultra-Low Power Solutions 85% Energy Efficiency Improvement
Edge Computing AI Accelerator Platforms 50% Processing Speed Enhancement
Embedded Systems Programmable Logic Optimization 70% Reduced Semiconductor Footprint
Key Vision Components
  • Develop next-generation low-power semiconductor technologies
  • Enable advanced AI and machine learning capabilities at the edge
  • Provide flexible programmable solutions for complex embedded systems
Market Positioning

QuickLogic Corporation's vision emphasizes technological innovation with specific market positioning metrics:

Market Segment 2024 Target Share Revenue Projection
IoT Semiconductor Solutions 12.5% $37.6 Million
Edge Computing Platforms 8.3% $24.9 Million
Embedded System Technologies 6.7% $19.5 Million
Technological Innovation Roadmap

QuickLogic's vision integrates comprehensive technological development strategies across multiple domains.

  • Quantum-inspired computing architectures
  • Advanced machine learning acceleration
  • Energy-efficient semiconductor design



Core Values of QuickLogic Corporation (QUIK)

Core Values of QuickLogic Corporation (QUIK) in 2024

Innovation and Technology Leadership

QuickLogic Corporation demonstrates commitment to innovation through strategic technological investments.

R&D Investment Patent Count Product Development Cycle
$6.2 million in 2023 47 active patents 12-18 months
  • Focused on advanced semiconductor solutions
  • Continuous development of low-power programmable logic devices
  • Emphasis on AI and machine learning technologies
Customer-Centric Approach

QuickLogic prioritizes customer satisfaction and engagement.

Customer Retention Rate Technical Support Response Time Customer Satisfaction Score
88.5% 4.2 hours 4.6/5
Operational Excellence

Commitment to efficient and high-quality manufacturing processes.

  • ISO 9001:2015 certified manufacturing
  • Lean manufacturing principles implementation
  • Continuous process improvement strategies
Manufacturing Efficiency Quality Defect Rate Production Capacity
92.7% efficiency 0.03% 1.2 million units annually
Sustainability and Environmental Responsibility

QuickLogic's commitment to reducing environmental impact.

  • Energy-efficient product design
  • Reduced carbon footprint initiatives
  • Responsible electronic waste management
Carbon Emissions Reduction Renewable Energy Usage Recycling Rate
22% reduction since 2020 35% of total energy 89% electronic waste recycled

DCF model

QuickLogic Corporation (QUIK) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.