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HONG KONG, Feb 29, 2016 - (ACN Newswire) - Hua Hong Semiconductor Limited ("Hua Hong Semiconductor" or the "Company", together with its subsidiaries, the "Group"; stock code: 1347.HK), a global leading pure-play 200mm foundry, announced today that the company has expanded close cooperation with the domestic leading customization and application solution service provider of Smart Hardware Chips, Shanghai MindMotion Microelectronics Co., Ltd. ("MindMotion"; stock code: 833448), over the IP platform development targeting IoT smart hardware, to help customers to simplify design procedures and accelerate time-to-market.
According to the cooperation plan, Hua Hong Semiconductor and MindMotion will develop the IoT smart hardware IP platform together and commit to the promotion and application of the platform as well. Meanwhile, MindMotion will provide versatile IP solution services for the platform customers. Based on different process nodes of Hua Hong Semiconductor, the two companies will also deliver complete solution of multiple analog IP and MCU over customers' application.
Mr. Fan Heng, Executive Vice President of Hua Hong Semiconductor indicated: "We are glad to achieve a partnership relation with MindMotion, Hua Hong Semiconductor possesses plenty amount of leading technologies in embedded non-volatile memory, and has been highly recognized and valued by our clients both in domestic and overseas market. MindMotion is a well-known design company in China, and we believe this cooperation will make great contribution to the development of domestic IoT chip industry, and generate new dynamic to the entire industry."
Dr. Wu Zhongjie, CEO of MindMotion, said: "Based on the close cooperation of our two IC enterprises in the industrial chain, MindMotion can provide better one-stop customization and application solution service of Smart Hardware Chips for domestic and international customers."
Topic: Press release summary
Source: Hua Hong Semiconductor
Sectors: Electronics, Daily News
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From the Asia Corporate News Network
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