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Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards

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Arteris (Nasdaq: AIP) announced that GigaDevice has licensed its FlexNoC 5 interconnect IP to enhance product performance in next-generation automotive SoC development. The technology aims to improve place and route efficiency while reducing interconnect area and power consumption. The solution offers integrated hardware reliability and functional safety features for automotive-grade applications. GigaDevice selected Arteris for its proven track record in interconnect technology and experienced support team, particularly valuable for managing functional safety standards compliance.

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Positive

  • Licensed FlexNoC 5 interconnect IP to major automotive chip manufacturer GigaDevice
  • Technology improves efficiency and reduces power consumption in SoC development
  • Strengthens position in automotive semiconductor market

Negative

  • None.

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+3.19% News Effect

On the day this news was published, AIP gained 3.19%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

FlexNoC 5 interconnect IP with physical awareness improves place and route efficiency and reduces interconnect area and power consumption

CAMPBELL, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced GigaDevice has licensed FlexNoC 5 interconnect IP to enhance product performance, reduce power consumption and shorten time to market. These solutions offer flexibility and cost-efficiency, supporting companies in developing advanced technologies.

GigaDevice provides industry-proven product families. These products offer high performance and reliability for applications requiring automotive-grade solutions. Committed to meeting the stringent standards of the automotive industry, the company focuses on innovation and quality. Its products incorporate functional safety to address the demands of modern automotive technology.

“We chose Arteris because of its proven track record in interconnect technology and experienced support team,” said Sherry Jia, Senior Director of MCU Department, GigaDevice. “FlexNoC 5 is especially valuable when managing the complexities of functional safety standards.”

“We are thrilled to bring our advanced interconnect IP to GigaDevice’s automotive products,” said K. Charles Janac, president and CEO of Arteris. “We are dedicated to supporting our customer’s mission of creating cutting-edge automotive solutions that meet the highest standards of safety and performance.”

Arteris' FlexNoC 5 interconnect IP delivers high performance, flexibility and scalability. It integrates hardware reliability and functional safety features, ensuring compliance with industry standards. The NoC’s physical awareness allows SoC architects to anticipate design challenges early on, significantly reducing iteration cycles.

About Arteris

Arteris is a leading provider of system IP for the acceleration of system-on-chip (SoC) development across today's electronic systems. Arteris network-on-chip (NoC) interconnect IP and SoC integration automation technology enable higher product performance with lower power consumption and faster time to market, delivering better SoC economics so its customers can focus on dreaming up what comes next. Learn more at arteris.com.

About GigaDevice

GigaDevice Semiconductor Inc. (SSE Stock Code 603986) is a leading global fabless supplier. The company was founded in April 2005 with branch offices in many countries and regions worldwide, providing local support at customers' fingertips. Committed to building a complete ecosystem with major product lines – Flash memory, MCU, sensor, and power as the core driving force, GigaDevice can provide a wide range of solutions and services in the fields of industrial, automotive, computing, consumer electronics, IoT, mobile, networking, and communications. GigaDevice management system has achieved ISO 9001:2015 and ISO 14001:2015 certifications. Constantly looking to expand the technology offering to customers, GigaDevice has also formed multiple strategic alliances with leading foundries, assembly, and test plants to streamline supply chain management. For more details, please visit: www.gigadevice.com.

© 2004-2024 Arteris, Inc. All rights reserved worldwide. Arteris, Arteris IP, the Arteris IP logo, and the other Arteris marks found at https://www.arteris.com/trademarks are trademarks or registered trademarks of Arteris, Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

Media Contact:
Gina Jacobs
Arteris
+1 408 560 3044
newsroom@arteris.com

This press release was published by a CLEAR® Verified individual.


FAQ

What technology did GigaDevice license from Arteris (AIP) in November 2024?

GigaDevice licensed Arteris' FlexNoC 5 interconnect IP technology for next-generation automotive SoC development.

What are the main benefits of Arteris' (AIP) FlexNoC 5 interconnect IP?

FlexNoC 5 improves place and route efficiency, reduces interconnect area and power consumption, and provides integrated hardware reliability and functional safety features.

Why did GigaDevice choose Arteris (AIP) for their automotive SoC development?

GigaDevice selected Arteris for its proven track record in interconnect technology, experienced support team, and capabilities in managing functional safety standards.
Arteris, Inc.

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