Foxconn plans to acquire Socle – IC Design House

5th February 2014 | By Mouseworld Now Correspondent |

New Delhi, India, February 05, 2014: Foxconn, world’s leading manufacturer of computer components and systems, has announced its plans to takeover Socle Technology, an Integrated circuit design house. Foxconn will take up 100% share of the IC design service company.

Socle Technology will continue to operate independently after being acquired by Foxconn, which will appoint Young Liu, currently general manager of its Innovation Digital System Business Group to head the new Socle. The Foxconn-Socle merger deal is scheduled for completion in mid-May 2014 or earlier.

Socle has completed development of IP for 28nm processes, but it has been restricted from using other foundry houses to enable production of 28nm chips using its IP, affecting its business development. Foxconn is looking forward to build up its own design and technology capability for the production of application processors used in mobile devices, commented the sources.

 

© Mouseworld Now News Service

Tags: , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 10 + 12 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • Rashi Peripherals Conducts Multi-City Enterprise Partner Meet more...
  • Second Edition of Annual 4.5G & 5G Innovation Summit concludes on a successful note more...
  • Wydr launches India Wholesale E-Fair more...
  • Snapdeal clocks record 3x growth in Kids Category more...
  • Paytm ensures 100% security for users’ identity in Money transfers more...
Subscribe via email

Enter your email address:

Follow us on Facebook
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration