Still ‘a Lot of Runway’ Before USB-C Becomes Commoditized, Says Cypress CEO

USB-C adoption has grown four times faster in the four years since its inception than any of the three previous generations of USB connectors, Hassane El-Khoury, CEO of USB components supplier Cypress Semiconductor, told a Barclays investors conference Thursday. “The acceleration is there,” but the USB-C market is “still in the early stages of hyper-growth, because now the ecosystem is starting to catch up,” said El-Khoury. “Now you see more printers” with USB-C, as well as more power adapters, he said. Market commoditization “has not happened yet” with USB-C, he said. “We have still got a lot of runway for us to keep going, but ultimately, it will happen.”