Insight SIP is classed in place 101 out of 500 in Les Echos "Growth Champions" in France
Press Release (translation to English)
Sophia Antipolis, France, 14 February 2024- Insight SiP, a supplier of advanced miniature RF modules has been placed in position 101 out of 500 in a growth league organised by "Les Echos". Les Echos is a French financial newspaper, which could be considered to be a French equivalent of the Financial Times or Wall Street Journal.
Between 2019 and 2022 Insight SIP achieved a compound growth of 208.66%, making an average of 45.6% annually. The turnover increase from €2,266,202 in 2019 to €6,994,913 in 2022. In 2023, this strong growth record has been maintained with a turnover exceeding $10M, around 90% of which was for export. The number of full time employees has remained stable at 10 in 2019 and 11 in 2022, supplemented by around 10 contractors and specialist consultants in logistics, marketing and administration.
Michel Beghin, President (Chairman) of Insight SIP said "We are proud of our growth in our specialist niche of the electronics industry. We have noted in this league table that we are one of the rare French companies in the electronics sector that has experienced such growth"
About Insight SIP
With its R&D team based in Sophia Antipolis in the south of France, Insight SiP specialises in offering miniaturised RF modules using System-in-Package technology, targeted at Internet of Things (IOT) applications. Its unique offerings include, the world’s first Antenna-in-Package, the smallest complete BLE module in the world the world’s first UWB/BLE and LoRa/BLE combo modules with integrated antennas.
It has seen steady growth over the last 10 years with increasing demand for integrated wireless solutions for IOT solutions.
Created in 2005 by experienced electronic industry executives, Insight SiP has been a global business since 2008 with a subsidiary in the US, a sales office in Japan and a network of over 30 distributors across the globe. https://www.insightsip.com
