4 hours Ago
RRP Semiconductor has entered the fabless semiconductor market by securing the complete intellectual property (IP) transfer of ASIC (Application-Specific Integrated Circuit) design from its technology partners in Europe. The development follows a series of engagements between company officials and international technology leaders, ensuring the seamless adoption of advanced semiconductor design capabilities. ASICs are specialised integrated circuit chips customised for specific applications, such as digital voice recorders and high-efficiency video codecs.
Modern ASICs integrate entire microprocessors, including ROM, RAM, EEPROM and flash memory, forming System-on-Chip (SoC) solutions crucial for strategic applications. Already equipped with OSAT (Outsourced Semiconductor Assembly and Test) packaging facilities and Fab prototyping, RRP Semiconductor has now positioned itself as a comprehensive, end-to-end semiconductor solutions provider. The newly acquired ASIC design competence enables RRP Semiconductor to manufacture various automotive components and chips at scale.
Many of these components are currently being imported, presenting a substantial business opportunity. The estimated market potential is expected to grow from $25 million to over $100 million in two years of deployment, said the company. With the ASIC market projected to exceed $30 billion by 2031 and grow at a CAGR of 7 per cent from 2031 to 2034, this technology acquisition positions RRP Semiconductor for strong growth.
By leveraging its in-house ASIC design expertise, the company can now offer tailor-made chip layout solutions to fabrication units for wafer production, enhancing its value proposition in the semiconductor ecosystem. The comprehensive IP transfer includes expertise in ASIC development workflow, specifications and requirements gathering, front-end design encompassing RTL coding, verification, and synthesis, as well as back-end design covering DRC, LVS, extraction, and tape-out procedures. Additionally, it includes tools and infrastructure such as the selection of EDA tools, licensing requirements, computing infrastructure setup, and lab and testing facilities.
The transfer also covers project management aspects like documentation standards, risk management, and timeline management. Comments.
