MEMSIC, Inc. provides semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS) technology and mixed signal circuit design. The company has integrated its MEMS technology-based inertial sensor, known as an accelerometer, with mixed signal processing circuitry onto a single chip using a standard complementary metal-oxide-semiconductor process. Its accelerometer products are used to measure tilt, shock, vibration, and acceleration. These products have a range of applications for consumer electronics, including mobile phones and automotive, such as airbags, rollover detection, electronic stability control, and navigation systems, as well as for business, industrial, and medical applications. The company sells its products worldwide through distributors, who then resell to original equipment manufacturers (OEM) and original design manufacturers (ODM) or to OEM and ODM customers directly. MEMSIC, Inc. was founded in 1999 and is headquartered in Andover, Massachusetts Analysts'  Recommendation: Buy       30 Days Ago: Buy     Analysts' Target: $6 Analysts' Targets  Jefferies & Co. $4      Buy     Tuesday, July 15, 2008  Needham & Co. $9      Buy     Friday, February 29, 2008 Memsic Inc Market Data Currency US Dollars Share Price $2.21   Change Today -$0.10 52 Week High $10.63 52 Week Low $2.20 Volume 49,850 RiskGrade 316 <!--- END secondColHolder --> Trades for 22-Aug-2008 Time Volume / Share Price 15:54 600 @ $2.21 15:54 600 @ $2.21 15:54 562 @ $2.21 15:54 1,838 @ $2.21 15:54 2,050 @ $2.21