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Microip's Successful Debut on Taiwan's Stock Market

On December 9, Microip (Ticker: 7796) made its much-anticipated debut on Taiwan's Emerging Stock Market, capturing the attention of investors and industry analysts alike. Opening at a reference price of NT$60, the stock quickly rose to NT$74.5, before hitting a peak of NT$103, marking an impressive increase of nearly 72% from its initial reference price.

Microip is a dynamic player in the field of integrated circuit (IC) design services. The company has positioned itself at the forefront of innovation by harnessing its proprietary technologies. At the core of its offerings lies the ultra-fast IC design research and development (R&D) platform, which accelerates the IC design process, aiding in the creation of cutting-edge semiconductor solutions.

This debut is not just about numbers; it represents a milestone for the semiconductor industry in Taiwan. The initial public offering (IPO) comes at a time when the demand for semiconductors, especially in sectors like artificial intelligence (AI) and the Internet of Things (IoT), is skyrocketing. Microip's commitment to innovation is further emphasized by its CUDA-like ASIC software platform, designed to optimize the efficiency of application-specific integrated circuits for AI applications.

The company has reported capitalization of NT$229.63 million, indicating strong initial investor confidence. Microip’s strategy of offering designless solutions allows clients to develop customized ASICs while minimizing costs and time-to-market. This approach has attracted substantial interest from global corporations, including MediaTek, WT Microelectronics, and Qualcomm.

As part of its expansion strategy, Microip has gained several non-recurring engineering (NRE) projects from leading global firms. The revenue from these initiatives has significantly boosted its gross profits in 2024, already surpassing the figures reported for the entire year of 2023. According to recent reports, November's cumulative revenues reached NT$64.93 million, showcasing a remarkable year-on-year growth of 183%, with the monthly increase alone soaring by 1,312.40%.

The AIoT market is a focal point for the company, projected to grow from US$7.52 billion in 2023 to US$31.05 billion by 2028, driven by advancements in 5G, edge computing, smart healthcare, and intelligent urbanization. Microip aims to capitalize on this trend with its innovative technologies, focusing on areas such as wireless charging, industrial automation, and smart city solutions.

Moving forward, Microip intends to leverage its ultra-fast IC design platform to further shorten development timelines and enhance its competitive edge within the semiconductor industry. With a clear vision and a strong foundation, the company is poised for growth as it seeks to broaden its influence across the semiconductor and AIoT sectors.

Founded in Taiwan, Microip stands out by specializing in IC design services and AI solutions. Its platform not only aids its clients in utilizing dormant intellectual properties but also significantly reduces costs and accelerates the design cycles, affirming its commitment to driving innovation in the technology landscape. To learn more about Microip and its groundbreaking initiatives, visit www.micro-ip.com.



For further updates and news regarding Microip’s activities, stay tuned as they continue to pave the way for next-generation chip design and innovation.