Faraday Signs Satris Group as Its Israeli Distributor

Strengthening the ASIC business network in Middle East

Hsinchu, Taiwan -- Jan. 02 2018 -- Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today announced the appointment of Satris Group, Ltd., a leading distributor in Israel for semiconductor related tools and IP, as its distributor in Israel. Founded in 1993, Faraday provides ASIC and IPs in full process nodes from 28nm to 0.5μm, targeting at a wide range of application including IoT, automotive, AI, and networking.

With more than two decades of ASIC experience, Faraday has established a comprehensive design infrastructure, design flow, and automation system. Faraday also provides valued added platform-based design service including hardware integration and software system bring-up. In addition, Faraday possesses more than 3000 self-developed IPs with capability of IP customization service for ASIC projects.

“Israel is known worldwide as a leader in algorithm development and semiconductor design, where productivity and quality are emphasized”, said Flash Lin, COO of Faraday Technology. “Satris is acquainted with in-depth knowledge of Israel market and wide-ranging technical expertise. It is an ideal partner to support Faraday’s IC fabrication in Israel market, bridging Faraday to the local customers.”

“The semiconductor market in Israel is changing; we see the demand for IoT, automotive, and AI applications is growing, as well as FPGAs to ASICs conversion for performance improvement”, said Coby Hanoch, President and CEO of Satris Group. “Faraday’s services, tools and IPs are a perfect match for those customers who are looking for a strong, well-known partner they can hand their designs to and get a high-quality result at an affordable price.“

About Faraday Technology Corporation

Faraday Technology Corporation (TWSE: 3035) is a leading ASIC design service and IP provider, certified to ISO 9001 and ISO 26262. The broad silicon IP portfolio includes I/O, Cell Library, Memory Compiler, ARM-compliant CPUs, DDR2/3/4, low-power DDR1/2/3, MIPI, V-by-One, USB 2.0/3.1 Gen 1, 10/100/1000 Ethernet, Serial ATA, PCI Express, and programmable SerDes, etc. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, Europe, and China. For more information, visit www.faraday-tech.com or follow Faraday on LinkedIn.

About Satris Group

Satris Group is a leading semiconductor, tools and IP representative in Israel, recently expanding to additional domains such as SW development and IOT. Satris’ goal is to bring advanced technologies to the Israeli users, enabling them to keep their leading-edge in the markets. Such technologies require close and cooperative relationships between vendors and users, and the Satris team is the catalyst and enabler of such relationships, resulting in joint success of both customers and vendors. Satris was set up by a group of EDA veterans with a deep knowledge of the Israeli market, its customers and its needs. For additional information, please see www.satrisgroup.com.

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