China's StarFive Technology to invest RM250m to set up design centre in Penang

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www.theedgemarkets.com, Feb. 19, 2022 – 

GEORGE TOWN (Feb 19): StarFive Technology, a leader in RISC-V technology and ecosystem development in China, will invest RM250 million over the next five years to set up its first design centre in Southeast Asia at GBS@Mayang, Penang.

Ong Chin Hu, the vice-president and general manager of StarFive Technology Malaysia, said Penang is chosen as StarFive's destination for expansion due to its talent availability and the state being the "Silicon Valley" with the most concentrated integrated circuit design in Asia.

He said StarFive Technology was set up in Penang in May last year and the group will continue to expand its design centre as a world-class innnovation hub in the next five years.

"Moving forward, StarFive Technology will invest an additional RM250 million for expansion over the next five years to create numerous high-value and high-income jobs and aspire to be a world-class innovation centre," he told reporters here on Saturday (Feb 19).

Ong said StarFive Technology had a complete and silicon-proven portfolio of the RISC-V CPU IP series and platform-based software and hardware full-stack system-on-chip solutions.

He said StarFive Technology is committed to working together with government agencies and local universities to promote RISC-V open-source instruction set architecture.

"More and more world-leading semiconductor companies are joining the RISC-V community and StarFive Technology's long-term vision is to promote and deliver a new level of open, extensible software and hardware platform on computing architecture for enabling green computing, green energy and smart cities," he said.

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