Andes Technology Corporation Records a Cumulative

Hsinchu, Taiwan , May 15, 2018 (GLOBE NEWSWIRE) -- Andes Technology Corporation (TPE: 6533), the leading Asia-based supplier of small, low-power, high performance 32/64-bit embedded CPU cores, today announced that at the end of 2017, the company has recorded a cumulative total of 2.5 billion SoCs containing its CPU IP. In 2017, the company reported 590 million SoCs shipped worldwide containing its CPU IP. The 2017 shipments alone represented nearly 2.4 percent of the cumulative total SoCs shipped.

Andes President, Frankwell Jyh-Ming Lin declared “Andes technology and its CPU IP play an important role in providing convenience and improving the connectivity in the modern world. After several years of steadily increasing unit shipment growth, our customers are now in large volume production. More importantly, they continue to license our IP for next generation versions of their designs. As a result Andes is seeing steadily increasing growth in royalty income and expect this trend to continue going forward. In the foreseable future, the number of SoCs with Andes CPU IP will continue growing in customers' products including gaming, Wi-Fi, Bluetooth, touch screen controller, surveillance, sensor hub, MCU, SSD controller, USB3.0 storage, and more.”

Andes is also making inroads into the next generation of high volume designs now coming onto the market. These include AI applications, automotive IoT and Innovative ADAS (Advanced Driver Assistance Systems). The company is targeting other markets including robotics, augmented/virtual reality (AR/VR), and voice recognition.

Since 2005, Andes Technology has steadily developed highly efficient, low-power 32/64-bit embedded processors and associated SoC development platforms to shorten its customers’ time to market. In addition, the company continues to innovate next generation CPU architectures using its fully compliant RISC-V ISA. With its new AndeStar™ V5 architecture, Andes provides a complete solution for 64-bit embedded SoC designs by bringing RISC-V compliance together with Andes’ successful line of AndeStar™ V3 IP cores, convenient features and architecture extensions, standard Andes IDE software toolchain with comprehensive extended features, SoC peripherals, hardware developing platforms, service and support.

About Andes
Andes Technology Corporation was founded in Hsinchu Science Park, Taiwan in 2005 to develop innovative high-performance/low-power 32/64-bit processor cores and associated development environment to serve worldwide rapidly growing embedded system applications. The company delivers the best super low power CPU cores with integrated development environment and associated software and hardware solutions for efficient SoC design. 

To meet the demanding requirements of today's electronic devices, Andes Technology delivers configurable software/hardware IP and scalable platforms to respond to customers’ needs for quality products and faster time-to-market. Andes Technology’s comprehensive CPU includes entry-level, mid-range, high-end, extensible and security families to address the full range of embedded electronics products, especially for connected, smart and green applications.

For more information about Andes Technology, please visit http://www.andestech.com/

Jonah McLeod Andes Technology Corporation 510 449 8634 jonahm@andestech.com