IN BRIEF: EnSilica grows chip supply pipeline with USD18 million win
EnSilica PLC - Oxford, England-based maker of mixed-signal application-specific integrated circuits - Secures design and supply contract from an unnamed "leading" European supplier of electromechanical products, for an Arm chip-based mixed signal interface Asic. The intended use is across automotive and industrial applications. Contract value includes non-recurring engineering payments and supply revenue, says EnSilica, estimated to exceed USD18 million over seven years. The contract starts in April, with supply revenue forecast to commence in 2027. The deal "materially increases" EnSilica's chip supply pipeline, it says, now valued in excess of USD250 million. Notes that this pipeline total refers to the total expected lifetime chip supply revenue secured under customer contracts. Read More