MEMSIC, Inc. (Nasdaq: MEMS) announced financial results for the first quarter ended March 31, 2012: Revenues rose to $20.0 million from $13.0 million in the 2011 quarter. Total shipments of our sensor products grew to 32.1 million units from 12.6 million units in the prior-year period. Gross margin was 37.1% compared to 38.1% in the […]