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TAIPEI, Jan. 2, 2025 /PRNewswire/ -- MICROIP is redefining IC design by integrating AI software services and pioneering a "Designless" approach, earning recognition from leading global semiconductor companies. Fresh off its successful listing on the Taiwan Emerging Stock Market in 2024, the company will debut at CES 2025 in Las Vegas. MICROIP will unveil its industrial-grade Genio AI IoT platform, developed in collaboration with MediaTek, and highlight its "Rapid IC Design Development Platform," reflecting its commitment to bridging design and manufacturing gaps. MICROIP Chairman Dr. James Yang officially debuts the industrial-grade Genio AI IoT platform, developed in collaboration with MediaTek. Rapid IC Design PlatformA key CES 2025 centerpiece, the Rapid IC Design Development Platform trims the NFC chip timeline—from co-specification to mass production—to just 12 months. Its newly launched NFC controller chip supports contactless payments, device pairing, wireless charging, and brand protection, showcasing high integration and competitive pricing. AI Software Service LeadershipIn partnership with MediaTek—maker of the wide-temperature Genio AI IoT platform—MICROIP leverages TSMC's 6nm NPU process and its own AI optimization technology, delivering an optimal balance of high performance and low power consumption to meet rising demands in industrial automation. Cutting-Edge EDA Tools and Development EfficiencyMICROIP employs Arculus System's iProfiler, an advanced EDA tool that uses AI-driven algorithms to automate repetitive tasks, detect design issues early, and reduce development cycles by 6–9 months. This efficiency empowers consumer electronics producers to bring high-performance products to market faster. Strategic Vision"CES 2025 is the perfect stage to showcase our ASIC design expertise and AI software capabilities," said Dr. James Yang, Chairman of MICROIP. "From Rapid IC Design Services to our AI Software Service Platform, we're elevating industry standards and delivering unique value globally." Looking ahead, MICROIP will focus on Rapid IC Design Development Platforms, Smart Applications, and Efficiency Enhancement as it expands into Europe, the Americas, and Asia, aiming to become a global leader in IC design services. Visit MICROIP at CES 2025 Date: January 7–10, 2025 Location: Las Vegas Convention Center, South Hall 3 Booth: #41608 About MICROIPHeadquartered in Taiwan, MICROIP specializes in IC design services, AI design services, and IP licensing platforms. Its solutions help clients develop custom chips faster and at lower cost, while its IP licensing platform facilitates the purchase and reuse of idle IPs, maximizing value.
TAIPEI, Dec. 11, 2024 /PRNewswire/ -- Microip (Ticker: 7796) debuted on Taiwan's Emerging Stock Market on December 9 at a reference price of NT$60 per share. The stock opened at NT$74.5 and climbed to a high of NT$103, an increase of nearly 72%. With Concord Securities as the underwriter, this listing brings fresh momentum to the semiconductor sector. At the heart of its business is the "Ultra-Fast IC Design Platform," enabling Microip to expand into semiconductor design, AI, and IoT. The company has secured multiple NRE projects from major global enterprises—covering NFC, security modules, and wireless charging modules—and is extending into AI fields like smart healthcare, industrial automation, and smart cities. It has also introduced a "CUDA-like Software Platform" to boost ASIC chip efficiency for AI applications. Microip (Ticker: 7796) officially debuted on Taiwan's Emerging Stock Market on December 9 at a reference price of NT$60 per share. The stock opened at NT$74.5 and reached a high of NT$103, reflecting a maximum increase of nearly 72% from the reference price. Pictured on the left is Chairman Dr. James Yang, and on the right is Deputy CEO Gavin Liu. Microip's paid-in capital is NT$229.63 million. Benefiting from growing AI and AIoT markets, the company's "IC Design Services" and "AI Software Service Platform" are attracting more global clients. NFC and AI software solutions are generating NRE revenue, contributing NT$15.04 million in gross profit in the first half of 2024, surpassing the full-year 2023 figure. As of November, cumulative revenue reached NT$64.93 million, up 183% year-on-year, with November's revenue alone increasing 1,312.40%. According to The Business Research Company, the AIoT market will rise from US$7.52 billion in 2023 to US$9.98 billion in 2024, and to US$31.05 billion by 2028, driven by 5G, edge computing, healthcare, and smart cities. Microip's "designless" approach helps clients develop customized ASICs through efficient design and open-foundry selection, earning trust from industry leaders including MediaTek, WT Microelectronics, and Qualcomm. Looking ahead, Microip will continue leveraging its "Ultra-Fast IC Design Platform" to shorten development time and enhance competitiveness. The company plans to broaden its influence in semiconductor design and AIoT, investing more in wireless charging, industrial automation, and smart city technologies. This approach will help clients rapidly bring next-generation products to market. About Microip Founded in Taiwan, Microip specializes in IC and AI design services, as well as IP licensing. Its platform allows businesses to utilize idle IP, reducing costs and accelerating design cycles. For more information, visit: www.micro-ip.com
HYDERABAD, India, Oct. 28, 2024 /PRNewswire/ -- Cyient, a global Intelligent Engineering services company, announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company known for its expertise in intelligent energy and power solutions. This strategic investment marks a significant milestone in Cyient's semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry. Krishna Bodanapu, Executive Vice-Chairman & Managing Director of Cyient, said, "Driven by the Indian Government's initiatives to boost domestic innovation in semiconductors, India is emerging as a hub for chip development, especially in power and energy-efficient systems. In July this year, we announced the strategic expansion of our Semiconductor business with the establishment of a fully owned subsidiary. Investing in Azimuth AI strengthens our focus on building cutting-edge ASIC chips designed and developed in India — for the world. It further enhances our capabilities in this critical space while reinforcing our commitment to next-gen power and energy solutions. We look forward to this partnership." Praveen Yasarapu, Founder and CEO of Azimuth AI, said, "We are pleased to embark on this journey with Cyient. The synergies between our companies are clear, and we are eager to leverage Cyient's deep expertise in ASIC design, coupled with their proven ability to deliver high-quality, innovative solutions across multiple industries. Together, we aim to deliver groundbreaking solutions that will push the boundaries of semiconductor technology for the global as well as Indian market." This strategic investment marks another significant step in Cyient's ongoing efforts to expand its capabilities and drive innovation across the semiconductor industry. About Cyient Cyient (Estd: 1991, NSE: CYIENT) delivers Intelligent Engineering solutions for creating a digital, autonomous, and sustainable future for over 300 customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable tomorrow together with our stakeholders. For more information, please visit www.cyient.com About Azimuth AI Azimuth AI is an Embedded Silicon Product company developing highly differentiated ASICs for Edge Computing Applications. Gowtham Uyalla Kaizzen PR gowtham.uyalla@kaizzencomm.com Phalguna Hari Jandhyala Cyient phalguna.harijandhyala@cyient.com
SINGAPORE - Media OutReach Newswire - 2 September 2024 - Ontech Group, a global leader in electromagnetic field sensor technology, today announced a significant breakthrough with the launch of a new family of 128-channel Application-Specific Integrated Circuits (ASICs), designed to significantly enhance the technical capabilities and commercial benefits of its revolutionary Controlled Electromagnetic Field (CEMF) sensor. Designed to meet market demands in growth industries such as health technology, wearable devices, and personal computing, the new ASICs deliver unprecedented precision and flexibility. Featuring enhanced resolution, reliability, and accuracy, the new ASICs also provide a larger sensing area per chip and a smaller form to simplify integration. These advancements enable CEMF sensors to offer up to double the resolution and accuracy in a wider range of devices and applications, when compared to the leading short-range sensor technologies in this segment. "The requests for new ways to overcome existing sensor limitations was the key driver in developing this new family of ASICs," said Dr. Juan Aponte, CTO and co-founder of Ontech. "Our customers need to meet surging demand for features like high-resolution and high precision 3D physicality sensing, low power consumption and easier integration. We have transformed our CEMF sensor technology to empower innovations that could redefine sectors such as health technology and personal electronics." Expanding Market Applications Ontech's new 128-channel ASIC builds on CEMF's abilities to simultaneously detect, track, map, and measure both external and internal features. It significantly boosts the existing commercial benefits of CEMF in a wide array of industries, including health technology, consumer electronics, robotics, wearables, power tools and IoT/ IIoT. Ontech has secured confidential collaborations with leading consumer, industrial, and technology companies to use the new ASICs. These partnerships pave the way for a leap forward in human-machine interaction. "We are excited to see how our customers will leverage these chips to create innovative solutions that will shape the future of human-machine interaction." said Martin Wikstroem, CEO and co-founder of Ontech. "One customer is creating a novel gesture-controlled personal device that demands spatial sensing in high-definition at very close range, works in any light, through obstructions, and complies with strict biometric privacy rules." Specifications The new 128-channel ASIC family builds on the high standards set by Ontech's previous 32 channel ASIC. Improved capabilities of the 128-channel family include a compact 1.5 mm2 form factor, HV-CMOS technology with 0.13μm, voltage up to 3.3V, flexible scan sequences of up to 32 steps, and an acquisition frequency of up to 2GHz. Additionally, peripheral blocks such as LDOs, clocks, and references have been integrated to minimise the PCB space required for customers to incorporate the CEMF sensor, while the new ASIC core itself is designed for a high degree of application-specific customisation. Hashtag: #ontechhttp://www.ontechgroup.com/The issuer is solely responsible for the content of this announcement.About Ontech Ontech Group is the pioneer of Controlled Electromagnetic Field (CEMF) sensing, a unique technology that revolutionises interactions between humans, machines, and technology. With offices and R&D centres worldwide, Ontech is a leader in electromagnetic field technology and a disruptor in near-field detection. Our mission is to empower the world's most innovative leaders and engineers to create safer, more functional, and energy-efficient technologies. Protected by over 100 international patents, Ontech's proprietary CEMF sensors drive change across multiple industries, including health tech, automotive, consumer devices, and more.
Federal Court of Australia judgment delivered in Australian regulator ASIC's case vs Crypto Startup Block Earner. SYDNEY, Feb. 12, 2024 /PRNewswire/ -- The Federal Court of Australia delivered judgment in proceedings brought by the Australian Securities and Investment Commission (ASIC) against Block Earner, a Sydney-based crypto start-up. The Court's decision carries nuanced implications for Block Earner. The judgment of Justice Ian Jackman dismissed ASIC's allegations relating to Block Earner's DeFi "Access" service. The judgment found that Block Earner did not breach financial services laws by providing Access. The Court found that the Access service is not a financial product and did not involve unlicensed financial services conduct, allowing Block Earner to continue offering this key component of its services. The result reinforces Block Earner's standing in the industry as a provider of decentralised finance (DeFi) solutions. The Court found that Block Earner's fixed-yield "Earner" service, which Block Earner voluntarily withdrew in November 2022, was an unregistered managed investment scheme and an investment facility, and accordingly the company engaged in unlicensed financial services conduct for this product. Block Earner no longer provides Earner. Maintaining Regulatory Compliance: Block Earner, in its official statement, emphasised its commitment to complying with regulatory obligations while providing everyday Australians with access to the benefits of DeFi. This commitment reflects the delicate balance that innovative companies must strike between pushing boundaries and operating within established legal frameworks. Conclusion: Block Earner can continue offering Access, and the case provides guidance for other crypto businesses seeking to comply with the Australian financial services regulatory landscape. As the industry grapples with the need for clear guidelines, this case highlights a positive step forward. The Court's findings that Block Earner's Access service did not breach relevant financial services laws provides a glimpse into a future where DeFi can thrive within the existing regulatory landscape, fostering further innovation and positive change in the crypto space. About Block Earner: Block Earner is an Australian based FinTech powered by blockchain technology. We're on a mission to provide a user-friendly interface for everyday Australians to access the benefits of decentralised finance. Providing more freedom for how their money is stored, moves, and grows. Block Earner is a digital asset provider, with digital vaults secured with Fireblocks, an ISO and SOC2 certified asset custodian.
New York, May 17, 2023 /PRNewswire/ -- Despite several blows that the crypto mining industry recently received, an interesting revival is noted as of late, thanks to Bitmanu's revolutionary miners. The crypto startup that has taken the world by storm is once again raising the bar with three new 3nm ASIC mining rigs, posting unprecedented hash rates and impressive profitability potential. The new Bitmanu miners - BM1, BM2 and BM Pro - can be used to mine Bitcoin, Litecoin, Dash and Monero - all with the same utensils and technology and with very limited power consumption. This is a big change for the industry, since for the first time, a crypto miner is introduced that has the potential to return the initial investment within less than a month. Following are the hash rates of the recently launched miners: BM1: Bitcoin 760 TH/s, Litecoin 80 GH/s, Dash 15 TH/s, Monero 6 MH/s BM2: Bitcoin 1220 TH/s, Litecoin 128 GH/s, Dash 25 TH/s, Monero 10 MH/s BM Pro: Bitcoin 3900 TH/s, Litecoin 400 GH/s, Dash 75 TH/s, Monero 32 MH/s However, that is not the only innovation introduced with the BM miner series. As a result of these hash rates, the new miners are also able to achieve low power consumption figures, thereby avoiding the high electricity costs once associated with crypto mining. Power consumption gets as low as 650W for the BM1, 850W for the BM2 and 2200W for the BM Pro. Simple, fast, secure The real cherry on top, though, is the simplicity and user-friendliness of these miners. Even people with no experience in crypto can use them, since all that is needed is a power source and a connection to the internet. This combination of speed, power efficiency and intuitiveness - aligned with the most stringent security protocols - creates conditions for profitability not witnessed before in the crypto mining industry. To find out more about Bitmanu, please visit https://bitmanu.com/ Bitmanu is a manufacturing company created, owned, and managed by a team of investors and noted crypto industry experts, dedicated to bringing the benefits of the latest technological innovations to the public. The company offers a stunning range of crypto miners with super-fast return on investment, that can be set up and used by all, regardless of their experience and knowledge.
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ASIC
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