Semiconductor Start-up Mindgrove Introduces First Indigenous High-Performance Chip

ENA Sectors 2024-05-06 16:49:06 Chennai, May 6 (KNN) Mindgrove Technologies, a fabless semiconductor startup incubated at IIT Madras, has launched the country's first commercial, high-performance System on Chip (SoC). Dubbed 'Secure IoT,' this indigenous chip is based on the open-source RISC-V architecture and aims to empower domestic original equipment manufacturers (OEMs) by providing them with a homegrown chip solution for their devices. Mindgrove's achievement stands out due to its notably rapid turnaround time of merely eight months from the initial design phase to full-fledged manufacturing, a process notably expedited compared to the prevailing industry norm of two to three years. The 'Secure IoT' chip boasts impressive performance, clocking in at 700 MHz, while offering a cost advantage of approximately 30 per cent compared to other chips in the same segment. This competitive pricing could make it an attractive option for OEMs seeking high-performance yet cost-effective solutions. Shashwath TR, CEO and Co-founder of Mindgrove, emphasized the start-ups strategic focus on targeting the middle market with their chip designs. We set out to design chips that target the middle market, he stated, underscoring the company's commitment to addressing a crucial segment within the semiconductor industry. (KNN Bureau) 37690 https://knnindia.co.in/news/newsdetails/sectors/semiconductor-start-up-mindgrove-introduces-first-indigenous-high-performance-chip 2024-05-06 16:49:06 knnindia.co.in Semiconductor Start-up Mindgrove Introduces First Indigenous High-Performance Chip