Investment enhances design readiness of value-added solutions
The two companies will collaborate on developing and optimizing design services while extending GSI's expertise to leverage Chartered's portfolio of value-added solutions (VAS). The VAS offering consists of plug-in modules based on Chartered's proven CMOS process technologies, on its cost-effective wafer fab production capacity.
"GSI has a strong regional presence and a proven expertise in key application areas that will make them a valuable part of our ability to provide customers with a total solution for leveraging our value-added solution offerings. As a large target market for this part of our manufacturing capabilities is based in the Asia Pacific region, their location is ideal as well," said Bo Cheng, president of the Asia Region for Chartered. "Investing in GSI is consistent with our philosophy of openness and flexibility for the design enablement ecosystem our customers are requiring. It allows us to work closely together to optimize GSI's resources to support our solutions, and provide customers with a faster path to silicon."
"We are pleased to become an important part of the Chartered ecosystem of support, and expand Chartered's presence throughout our region," said Jieh-Ping "JP" Peng, president of GSI. "We are confident our skills will be useful in helping product designers leverage the benefits of Chartered's VAS offering, and this agreement will create long-term value for Chartered and its customer base."
