Microchip Technology, Inc. develops and manufactures specialized semiconductor products. It engages primarily in the design, development, manufacture and marketing of semiconductor products as well as the licensing of Flash intellectual property. It operates through the Semiconductor Products and Technology Licensing segments. Its product portfolio comprises 8-bit, 16-bit, and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers, which feature on-board Flash memory technology. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.