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M31 records double-digit growth despite headwinds, ramps up R&D to support advanced node IPs

Monica Chen, Hsinchu; Jingyue Hsiao, DIGITIMES Asia Wednesday 6 March 2024 0

Credit: DIGITIMES

Despite headwinds in the chip industry, M31 Technology achieved a consolidated revenue growth of 18.5% year-on-year in 2023, reaching a historical high of NTD1.612 billion. The silicon IP provider will increase R&D spending in advanced node IPs.

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