Alchip’s big step again in its global expansion
Taipei, Taiwan, November 16th, 2018
Alchip Technologies Ltd. (TWSE: 3661), a leading fabless ASIC company, has been aggressively expanding for its global business recently. In addition to its China branches in Shanghai, Wuxi and Hefei, today Alchip announces that it has set up a subsidiary in Jinan, China. For the future operation scope, this global leading company will not only keep the dedication and efforts for its China market to receive more business needs from each overseas site, but also devote to develop advanced process design technology with superior solutions to the customers.
As one of the major cities in the Northeast Asia economic area and Bohai Economic Rim, Jinan is represented a big city within the economic zone in the east coast of China. The Qilu Software Park in Jinan High-Tech Zone has industries such as cloud computing, big data, IoT, information security, IC design (integrated circuit design), software application and other related industries. For the current era of big data, there are many new ventures will enter Jinan to start their business, therefore Jinan High-Tech Zone has undoubtedly become a hot spot for the investment development.
“The excellent location and the high-profile infrastructure of Jinan are the main reasons we chose it as a Alchip subsidiary in North China. Our Jinan office will mainly develop high-end design chips mainly for the markets in Japan and Northern China. We expect that the cooperation with Jinan High-Tech Zone will successfully establish a bridge for the win-win future.” said Johnny Shen, President & CEO of Alchip.