We serve a broad range of markets including: telecommunications, data processing, automotive, consumer, and medical sectors. The telecommunication and data processing sectors have traditionally been our most significant markets. Breakthroughs in consumer electronics (the Play Station II, MP3 Players, digital cameras, digital TV's and recordable DVD's) have provided increased demand in this sector. AVX advanced components are part of the cutting edge in medical research. AVXÆs products are advancing the development of devices that improve the quality of life for millions of people with a wide range of impairments. Our devices are key components in hearing aids using cochlea implants, pacemakers and neuro-stimulating implants for quadriplegics and Parkinson's disease and diabetes sufferers.
AVX continues to invest heavily in R&D, bringing many new products to market during the past year and holding over 175 active patents worldwide. AVX is set apart from the competition by our broad array of specialty product offerings that include ceramic and tantalum capacitors, connectors, thick and thin film capacitors, resistors, ferrites and integrated passive components. AVX also has the advantage of the partnership with Kyocera Corporation of Japan and the wide breadth of products, as well as technology, that they offer. AVX enjoys a balance between high volume commodity products and the increasingly innovative Advanced Products offerings.