Cadence Inks Long-Term Pact With Samsung Foundry To Expand Design IP Portfolio
Portfolio Pulse from Nabaparna Bhattacharya
Cadence Design Systems (CDNS) has signed a multi-year agreement with Samsung Electronics' Samsung Foundry to expand the availability of its design IP portfolio on Samsung's SF5A process technology. The collaboration will enable joint customers to access a complete design IP solution from Cadence, a Samsung Advanced Foundry Ecosystem partner.
June 14, 2023 | 11:21 am
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Cadence Design Systems (CDNS) enters a multi-year partnership with Samsung Foundry to expand its design IP portfolio, potentially attracting more customers.
The partnership with Samsung Foundry will expand Cadence Design Systems' design IP portfolio on Samsung's SF5A process technology. This collaboration will enable joint customers to access a complete design IP solution from Cadence, potentially attracting more customers and increasing revenue for the company. As a result, the stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Samsung Electronics' Samsung Foundry partners with Cadence Design Systems (CDNS) to expand the availability of design IP portfolio on its SF5A process technology.
The partnership with Cadence Design Systems will expand the availability of design IP portfolio on Samsung Foundry's SF5A process technology. This collaboration will enable joint customers to access a complete design IP solution from Cadence, potentially attracting more customers and increasing revenue for Samsung Foundry. As a result, the stock price of Samsung Electronics (SSNLF) is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100