IPhone 4 Sensors Highlight a Bright Spot for VCs

It's a great time to be a manufacturer of microelectromechanical systems (MEMS), as smartphones are increasingly filled with them—Apple's (AAPL) fourth-generation iPhone being just the latest example.The device, which was unveiled June 7, contains several new MEMS including a gyroscope, dual microphones for noise cancellation, a proximity sensor, and a light sensor.Indeed, MEMS are becoming integral as they translate the physical world into the digital one, which is great for not only a variety of old-school semiconductor manufacturers, but later-stage startups as well.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.