Search results for Telechips
Industry
Demand spreads for integrated automotive SoCs combining driving and cockpit functions
Demand is rising for high-performance automotive system-on-chip processors used in domain controllers that handle driver assistance and cockpit functions. As automakers consolidate function-specific electronic control units into domain controllers and central computers, each chip must process more computing workloads. Qualcomm and Nvidia are expanding in a market long led by Renesas and NXP. Korean Tier 1 suppliers are weighing partnerships and in-house chip design as centralised architectures spread.
Industry
Telechips posts Q2 operating profit of 3.18 billion won, third straight quarter in the black
Telechips said on Wednesday it posted second-quarter revenue of 59.2 billion won and operating profit of 3.18 billion won. Revenue rose 33.6 percent from a year earlier, and operating profit swung to black from a year-ago loss. The operating margin improved to 5.4 percent. Net loss widened to 4.1 billion won, reversing from a first-quarter profit. The results are preliminary consolidated figures.
Industry
Telechips posts Q1 operating profit of 6.12 billion won, returns to profit on year
Telechips said on May 7 it posted first-quarter revenue of 66.0 billion won and an operating profit of 6.12 billion won, returning to profit from a year earlier. Revenue rose 46.2 percent from a year earlier and increased 24.6 percent from the previous quarter to a record high for the company, marking a second consecutive quarterly record. It attributed the turnaround mainly to higher system-on-chip development service revenue and synergies with its existing products business.