High Growth for Semiconductor Intellectual Property (IP) Market Predicted in the Coming Years

Albany, NY -- (SBWIRE) -- 08/23/2017 -- Semiconductor IP (Intellectual Property) is a reusable unit of architectural layout of semiconductor logic, chip or cell in electronics and semiconductor sector. It allows manufacturers to design chips faster using existing blocks. IP cores manufactured by third parties are licensed to semiconductor chip manufacturers or they can be developed and owned by a single chip manufacturer alone. Semiconductor IP is used as elementary unit within semiconductor chips such as application specific integrated chips (ASIC) designs or field programmable gate array (FPGA) logic to add various features as per the required design. Various IP customers are foundries, fabless firms and integrated device manufacturers (IDM). Different type of integrated chips such as system-on-chips and advanced ICs integrate a great variety of advanced functionality into a single device to offer superior performance, with ever more IP cores on a single chip. Semiconductor companies are dynamically subcontracting the IP design and development activities not core to the product. Semiconductor IPs are mostly used in all semiconductor application, including consumer sector, telecommunication, medical, automotive and defense sectors.