To increase its ASIC design services, Taiwan’s QBit Semiconductor acquires 60 percent share in Singapore’s SinChip

In an effort to broaden its application-specific integrated circuits (ASIC) design services into the Edge AI, high-performance computing, optical communications, and automotive industries, Taiwan’s QBit Semiconductor has purchased a 60% share in Singapore-based SinChip Technology.

The Taiwanese company announced on Wednesday that it will create a global network for research and development that would include Taiwan, Japan, Singapore, Vietnam, and the United States. QBit’s current products are used in commercial imaging equipment, high-end multipurpose printers, and associated printing application areas. According to QBit, the company has been growing its ASIC design services in response to the increasing demand for customized chips around the world.

The acquisition can combine QBit’s SoC platform technology with SinChip’s expertise in advanced technologies, artificial intelligence, optical communications, and automotive chip development, according to Simon Shen, chairman of QBit. This action may hasten QBit’s entry into the market for ASIC design services.

Shen pointed out that QBit is the first and only IC design business in Taiwan to receive direct investment from Arm, and that the demand for highly integrated ASICs is rising in tandem with the growing need for Edge AI, Physical AI, high-speed data transfer, and intelligent endpoint applications.

With a staff of about 130 engineers with development experience in advanced nodes, including 3nm, 5nm, and 7nm processes, SinChip is a Singapore-based company that specializes in IC logic verification, physical design, and advanced technology adoption services.