ASICLAND Signs New RF Chip Contract with U.S. Company... Embarking on Full-Scale Global Market Expansion
▶ Entering the U.S., which accounts for about 70% of the global fabless semiconductor design market
▶ Expanding global presence through business expansion based on spec-in service demand in the U.S.
[2024-06-21] ASICLAND is succeeding in entering the U.S. market, launching its global business in full force.
Through this contract with PHYTunes Inc., ASICLAND will begin developing RFICs starting in June 2024. ASICLAND will provide turn-key services, participating from the initial design stage, including spec consultation and architecture design.
PHYTunes Inc. is a global leader in indoor connectivity, offering seamless 5G and WiFi transmission using high-frequency wireless signal transmission technology that leverages existing wired infrastructure. This technology improves the stability of wireless networks in homes and businesses, expands the application of IoT solutions for enterprises, and enables business digital transformation.
Lee Jong-min, CEO of ASICLAND, stated, "This contract marks our first agreement in the U.S., a semiconductor design powerhouse that accounts for about 70% of the global fabless market. It will be a crucial opportunity to accelerate our business expansion in the global market. We aim to strengthen our global presence and promote growth in various industrial fields based on this foundation."
A company representative added, "Our market research has shown high demand for spec-in (level-0) services in the U.S., indicating a significant need for design partners to fulfill this demand. We believe this will enable us to successfully establish a foothold in the U.S. market."
Meanwhile, ASICLAND is the only TSMC VCA (Value Chain Alliance) in Korea, possessing various references based on an in-depth understanding of TSMC processes. The company aims to design high-performance, low-power devices through the latest technologies and innovative approaches. Additionally, ASICLAND provides turn-key services supporting the entire process from chip design to packaging and testing. This approach strengthens its position in the AI semiconductor market, expands its business in the U.S., and enhances its global presence.
ASICLAND Signs New RF Chip Contract with U.S. Company... Embarking on Full-Scale Global Market Expansion
▶ Entering the U.S., which accounts for about 70% of the global fabless semiconductor design market
▶ Expanding global presence through business expansion based on spec-in service demand in the U.S.
[2024-06-21] ASICLAND is succeeding in entering the U.S. market, launching its global business in full force.
Through this contract with PHYTunes Inc., ASICLAND will begin developing RFICs starting in June 2024. ASICLAND will provide turn-key services, participating from the initial design stage, including spec consultation and architecture design.
PHYTunes Inc. is a global leader in indoor connectivity, offering seamless 5G and WiFi transmission using high-frequency wireless signal transmission technology that leverages existing wired infrastructure. This technology improves the stability of wireless networks in homes and businesses, expands the application of IoT solutions for enterprises, and enables business digital transformation.
Lee Jong-min, CEO of ASICLAND, stated, "This contract marks our first agreement in the U.S., a semiconductor design powerhouse that accounts for about 70% of the global fabless market. It will be a crucial opportunity to accelerate our business expansion in the global market. We aim to strengthen our global presence and promote growth in various industrial fields based on this foundation."
A company representative added, "Our market research has shown high demand for spec-in (level-0) services in the U.S., indicating a significant need for design partners to fulfill this demand. We believe this will enable us to successfully establish a foothold in the U.S. market."
Meanwhile, ASICLAND is the only TSMC VCA (Value Chain Alliance) in Korea, possessing various references based on an in-depth understanding of TSMC processes. The company aims to design high-performance, low-power devices through the latest technologies and innovative approaches. Additionally, ASICLAND provides turn-key services supporting the entire process from chip design to packaging and testing. This approach strengthens its position in the AI semiconductor market, expands its business in the U.S., and enhances its global presence.