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Openedges sees revenue from TSMC foundry jump
Samsung IP partner aiming to join Taiwanese chip giant's alliance
thelec.net/, Feb. 19, 2024 –
South Korean chip IP firm Openedges said on Monday that it saw around a third of its revenue last year from Taiwanese chip giant TSMC's value chain.
The company, a Samsung IP partner, said it recorded 6.3 billion won in revenue from its dealings with the Taiwanese foundry __ an increase of 82.5% from a year earlier. It also saw revenue from Samsung Foundry increase to 10.9 billion won, a jump of 67.6% over the same
period. Openedges was founded in 2017 and the very next year became an IP partner to Samsung Foundry's SAFE program, or Samsung Advanced Foundry Ecosystem program. Openedges began supplying its IP to TSMC in 2022.
These IPs usually deal with specific functions on a chip, or circuit block. As chip designs become more sophisticated, chipmakers like Samsung and TSMC are outsourcing these IPs from partners. Chipmakers now usually design the core IPs and use secondary IPs from chip IP companies such as Synopsys, Cadence,Openedges, andQualitas Semiconductors.
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