Seven Years of Uninterrupted Growth 237 0 Kommentare Andes Technology Achieves Milestone Annual Revenue Exceeding NT$1 Billion

Andes Technology Is the Number One Provider of RISC-V CPU IP According to the SHD Marketing Report

Hsinchu, Taiwan , March 20, 2024 (GLOBE NEWSWIRE) -- Since its IPO in 2017, Andes Technology (TWSE:6533) has established itself as a leader in the CPU IP sector, achieving a fivefold increase in sales over the past seven years. Andes has invested capital and R&D manpower to accelerate the launch of high-end products to ensure long-term competitiveness and maintain market leadership. It is expected that a competitive product portfolio will create the next wave of revenue peaks.

With close monitoring of market dynamics and technology trends and decisive decision-making, Andes has strategically positioned the company to adeptly navigate challenges and seize emerging opportunities, such as bringing innovations in its proprietary AndeStar V3 ISA to the RISC-V based AndeStar V5 ISA in 2016. In 2023, even when the whole industry was still under inventory pressure, Andes surpassed a significant total shipment milestone of 14 billion Andes-Embedded SoCs. According to the SHD marketing report released on Jan 2024, Andes has secured an impressive 30% market share of RISC-V based chip shipping volume through its worldwide customers and is the number one provider of RISC-V CPU IP.

In 2023, the diverse product portfolio offered by Andes has resonated exceptionally well with the market and enabled its sustained growth. Andes has successfully launched the groundbreaking vector processor-AX45MPV, and the industry-revolutionizing automotive ISO 26262 fully certified core N25F-SE. More recently, Andes ventured into the application processor market with the launch of its cutting-edge out-of-order (OOO) processor AX65. AndesCore D23 and N225 are also released for the compact, performant, and secure applications. Besides the CPU IPs, Andes has also established a new product line, AndesAIRE or Andes AI Runs Everywhere, which offers a comprehensive hardware and software solution designed for edge and end-point inference.

Andes's unwavering commitment to customer satisfaction has fostered robust relationships with its customers and fortified its market position. The addressable market segments of Andes products span a wide spectrum, encompassing AI/ML, 5G communications, FPGAs, image processing, IoT, MCU/MPU, sensors, storage, TDDI, and wireless connectivity.