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HONG KONG, Aug 5, 2015 - (ACN Newswire) - Hua Hong Semiconductor Limited ("Hua Hong Semiconductor" or the "Company", together with its subsidiaries, the "Group"; stock code: 1347), a global leading pure-play 200mm foundry, announced that the total shipment of its smart meter ICs, including Security, MCU, SoC, PLC and Metering chips, amounted to 130 million, a record high figure, in the first half of 2015, and grew by 50 percent year-on-year. This is mainly attributable to the Company's embedded flash (eFlash) solution that has won recognition and support by its excellent reliability performance from more and more smart meter chip suppliers.
As a leader in the field of embedded non-volatile memory, Hua Hong Semiconductor has been active in the Internet of Things (IoT) sector for years, delivering a full spectrum of solutions including embedded SONOS Flash and SuperFlash technologies, as well as two derivative process platforms: eFlash + high voltage (HV) and eFlash + radio frequency (RF), which combine the advanced embedded flash, low-power digital-analog mixed signal, and low-cost CMOS RF technologies on technology nodes from 0.18um to 0.11um. The Company not only provides customers low-voltage standard cell libraries with high performance and high density, but also customizes embedded flash and EEPROM IP with high-speed, low-power and ultralow static power consumption according to customers' different requirement. This reduces their difficulties for low-power designs and enables them to gain preemptive advantages in the IoT market.
Smart meter is an important medium for massive deployment of IoT. According to the State Grid's Annual Meeting 2015, the yearly target of metering includes the installation of 60.6 million smart meters, which implies a huge market potential of smart meters in China. As an established player with stable production in this area, Hua Hong Semiconductor has become a long-term partner of major smart meter chip suppliers within the nation.
Hua Hong Semiconductor's global leading embedded flash technology integrates all types of ICs in smart meter, including Metering, MCU, Security, Real-Time Clock and PLC chips. Hua Hong Semiconductor's advanced smart meter solution shortens the design cycle of customers' products and enhances its time-to-market, and thus reduces production cost. With these technical and cost advantages, Hua Hong Semiconductor's smart meter solution is highly cost-effective. Leading smart meter chip suppliers worldwide are now introducing new products on the process platform of Hua Hong Semiconductor, leveraging smarter solutions to cater the requirements of future smart meter systems.
Meanwhile, the Company is expanding its MCU foundry portfolio, which includes more leading MCU suppliers in the world, to optimize process technologies for MCU customers and provide ultralow leakage (ULL) and ultralow power (ULP) process solutions, as well as embedded flash and EEPROM IP (low-power IP with power consumption lower than 0.1uA during deep sleep mode and wake-up time shorter than 2us, and high-speed IP with reading access time up to 15ns).
"With the competitive advantages in the technical areas of low-power embedded flash, sensor, power management and RF, Hua Hong Semiconductor is well-positioned to deliver innovative, high-performance, low-power and cost-effective IoT solutions to customers worldwide. Through strengthening the co-operation with first-tier customers, we are able to advance in area of IoT and MCU applications and seize the great prospects and strategic opportunities of loT development," said Dr. Fu Cheng, Executive Vice President of Hua Hong Semiconductor.
Topic: Press release summary
Source: Hua Hong Semiconductor
Sectors: Electronics, Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network
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