Alchip has taken a big step again in global business expansion

Taipei, Taiwan, June 21, 2018

Alchip Technologies Ltd. (TWSE: 3661), a leading fabless ASIC company, announces the opening of Guangzhou office today. To optimize the performance and continuously create value for customers in China, Alchip has decided to expand its business to Pearl River Delta.

China’s semiconductor industry is growing with a rapid pace. According to the recent report published by TrendForce, China’s semiconductor industry is expected to have 20% growth rate in 2018, higher than global semiconductor industry. Following by the effect of agglomeration economies, China’s government is aggressively building new technology centers. Guangzhou is one of the most important central cities in China–also known as the Eastern Silicon Valley. It holds huge population and has great potential business opportunities, China see it as one of the critical expandable technology centers. The mature development of Pearl River Delta is China’s great achievement in trying to create the most prosperous and integrated coastal area. With its rich resources and availability of talent, it is undoubtedly the best place for technology companies to lay foundations.

“Guangzhou is one of the major transit hubs in China, and has long been hailed the home of semiconductor companies.” said Johnny Shen, CEO of Alchip Technologies, Ltd. “We hope Alchip Guangzhou office could provide China customers more efficient service and build closer relationship with our customers. Moreover, we are looking forward to working with local support to facilitate faster expansion of integrated circuit industry.”

About Alchip

Alchip Technologies Ltd, headquartered in Taipei, Taiwan, is a global leading provider of silicon design and production services for system companies developing complex and high-volume ASIC/SoC. Alchip was founded by semiconductor veterans from Silicon Valley and Japan in 2003. Alchip provides faster time-to-market and cost effective solutions for SoC design with 28/16/12nm and 7nm advanced processes. Our customers include the global leaders in AI, HPC/supercomputer, mobile phones, entertainment devices, networking equipment and other electronic products. Alchip has a proven track record of delivering first time silicon success which is based on our unique SoC design methodology and solutions. Alchip is committed to exceeding our customers’ expectations in terms of product quality, reliable and predictable service. Alchip is a public traded company listed on the Taiwan Stock Exchange with the stock ticker number 3661.

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Corporate Marketing, Alchip Technologies

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