HSINCHU, TAIWAN--(Marketwired - May 03, 2017) - Andes Technology Corporation (TPE: 6533), the leading Asia-based supplier of small, low-power, high performance 32-bit embedded CPU cores, today announced that up to the end of 2016, the company has recorded a total of 1.9 billion SoCs containing its CPU IP. As of today, this number has already grown to above 2.0 billion. In 2016, the company reported 430 million SoCs shipped worldwide containing its CPU IP. The 2016 shipments alone represented over 20 percent of the total SoCs shipped. From 2013 to 2016, the company has enjoyed a 10 fold growth in shipment volume of IP cores in SoC devices.

Andes President, Frankwell Jyh-Ming Lin declared "After several years of steadily increasing unit shipments growth, our customers are now in large volume production. More importantly, they continue to license our IP for next generation versions of their designs. The result is that Andes is seeing steadily increasing growth in royalty income and expect this trend to continue going forward. Andes' customers' SoCs are shipping in a wide range of very high volume applications including WiFi, Bluetooth, touch screen controller, sensor hub, MCU, SSD controller, USB3.0 storage, and more."

Andes is also making inroads into the next generation of high volume designs now coming onto the market. These include automotive IoT and Innovative ADAS (Advanced Driver Assistance Systems). The company is targeting other markets including robotics, augmented/virtual reality (AR/VR), voice recognition and deep learning, where the company reported last year a design win with innovative deep-learning start-up Wave Computing of Campbell, California.

Since 2005, Andes Technology has steadily developed highly efficient, low-power 32-bit embedded processors and associated SoC development platforms to shorten its customers time to market. In addition, the company continues to innovate next generation CPU architectures driven by existing and new customers' requirements and functionality demanded by rapidly evolving applications such as AR/VR, ADAS, and deep learning.

About Andes

Andes Technology Corporation was founded in Hsinchu Science Park, Taiwan in 2005 to develop innovative high-performance/low-power 32-bit processor cores and associated development environment to serve worldwide rapidly growing embedded system applications. The company delivers the best super low power CPU cores with integrated development environment and associated software and hardware solutions for efficient SoC design.

To meet the demanding requirements of today's electronic devices, Andes Technology delivers configurable software/hardware IP and scalable platforms to respond to customers' needs for quality products and faster time-to-market. Andes Technology's comprehensive CPU includes entry-level, mid-range, high-end, extensible and security families to address the full range of embedded electronics products, especially for connected, smart and green applications.

For more information about Andes Technology, please visit http://www.andestech.com/.

Media Contact:
Jonah McLeod
Andes Technology Corporation
510 449 8634

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