LONDON STMicroelectronics has become the latest chip company to take a license for MIPS Technologies' 64-bit architecture core. ST will initially use the core as part of a project in cooperation with the Chinese Institute of Computing Technologies.
"We are delighted that ST has joined our exclusive network of architectural licensees, and look forward to teaming with them as they continue building out their global strategy for innovative computing solutions," said John Bourgoin, president and CEO of MIPS.
MIPS also announced Wednesday (March 28) during an event celebrating the second anniversary of its R&D centre in Shanghai, China, that it plans to extend the facility. The country already represents the company's fastest growing region worldwide.
"China’s rapid growth has resulted in unprecedented consumer demand for home entertainment, broadband access and portable media devices – all markets where MIPS holds a prominent position," said Bourgoin. "In just two years, we’re pleased that MIPS solutions are helping customers like Actions Semiconductor, Fangtek, and Huaya Microelectronics."