According to the semiconductor industry observation, recently, Gexin and Chengdu partners signed an amendment to the investment cooperation agreement. Based on changes in market conditions, the recent re-focus on differentiated solutions and the negotiation with potential customers will eliminate the first phase investment in mature process technology (180nm/130nm). At the same time, the project schedule will be revised to better adjust production capacity to meet China‘s demand for differentiated products, including the industry-leading 22FDX technology.
With over $2 billion in design winning revenue and more than 50 customer designs, the core 22FDX technology demonstrates industry-leading power consumption in a variety of high-growth applications such as automotive, 5G connectivity and the Internet of Things (IoT). Optimized for the appeal of the chip platform. Grid’s Chinese customers have begun to use this technology in the advanced production base of the company in Dresden, Germany, including 7 customers with more than 8 products entering the different stages of production ramp. .
Ruixin Microelectronics CEO Limin said: “We have been working with grid core for a long time. The low power consumption of 22FDX makes it very suitable for our different products, such as security, AI, etc. We also expect 22FDX landing in China, this Will bring us more convenience.”
The partners are still planning to continue to promote the construction of the FDSOI ecosystem, including the creation of local technology infrastructure, the introduction of more IP suppliers and EDA partners, making Chengdu an important center of FDX technology and enabling the adoption of local markets and demand.
Chengdu shareholders also believe that: “The adjustment of the grid core Chengdu project will allow the partners to allow sufficient time for evaluation to more accurately grasp the needs of the Chinese market and prepare for the future new capacity planning and substantive start-up of the project. “.
Tom Caulfield, CEO of Georgian, said: “As one of the largest and fastest growing semiconductor markets in the world, China is a high priority market for grid. FDX technology is particularly suitable for the Chinese market, and we will continue to witness it at 5G. The huge potential of attractive market segments such as IoT and edge computing. We will continue to deepen pragmatic cooperation with the Chengdu government, firmly promote the implementation of the Chengdu project, and jointly accelerate the development of China’s FDX technology ecosystem and customer base.”
This is another heavy decision by Gexin to cancel the 7nm advanced process investment, which will help the company optimize its existing business.