M31 Technology - AI-Powered Automotive Dual Engines and 2nm Technology Boost Revenue to Record Highs
March 24, 2025 -- M31 Technology (M31), a leading global IP provider, held an investor conference (March 19) and announced consolidated revenue of NT$1.48 billion for the full year 2024, representing a YoY decrease of 8.15%. Earnings per share (EPS) were NT$3.05, marking the first revenue decline since the company’s founding. Although significant investments have been made in advanced R&D and market expansion, the progress of foundry projects has fallen short of expectations, compressing profit margins for 2024. Despite short-term operational challenges, growth opportunities are anticipated in 2025. With the launch of 2nm IP development, steady demand for sub-6nm IPs from foundries, active project initiations by U.S.-based cloud service providers (CSPs), and the growth in the advanced process IP market sub-4nm driven by automotive ADAS applications, revenue for the first quarter of this year is still projected to achieve both YoY and QoQ growth—even with fewer working days. High per-unit licensing fees from advanced process technologies, along with royalties with mass production potential, are expected to provide strong momentum for business growth in 2025.
The demand for advanced process IP from IC design companies remains strong. In 2024, overall revenue from fabless new licensing projects grew by more than 30%, while sub-16nm nodes surged by 70%, demonstrating strong momentum in advanced processes. As edge computing accelerates the adoption of AI chips in end devices, M31 is expected to further expand its influence in the high-speed data transmission sector. Looking ahead to 2025, demand from leading companies for upgraded high-speed interface IP remains robust in key areas such as high-end smartphones, ADAS, AI inference, image recognition, and server storage interfaces. Licensing revenue from IC design firms for sub-4nm processes is expected to continue expanding.
Despite a decline of over 50% in new projects from foundry customers last year, M31 has continued to deepen its collaboration with leading foundries. This year, the company is not only expanding its R&D efforts for sub-6nm Foundation IP, but also expects the 12/16nm FinFET platform to enter mass production, further increasing royalty revenue. In addition, M31 continues to strengthen its cross-regional foundry ecosystem, having successfully secured a 5nm technology platform project with a South Korean foundry and advancing collaborations with China’s top three foundry groups on 22/28nm platforms with mass production potential. The onboarding of new overseas foundry partners is expected to drive strong growth in royalty income and lay a more solid foundation for the company’s long-term development.
M31 CEO Scott Chang stated that, given the shift in customer structure and the rising technical barriers to advanced process projects, increased R&D investment is imperative. Deep regret was expressed over the operational results for 2024. Looking ahead, project momentum from both foundries and chip design companies is expected to advance in parallel, with advanced process technologies remaining a key driver of revenue. M31 will take a more prudent approach in evaluating R&D resource allocation and, through solid market positioning and strategic adjustments, aims to emerge from the lows of 2024 and move toward recovery and growth.
|
M31 Technology Corp. Hot IP
USB 3.2 Gen2/Gen1 PHY IP in TSMC(5nm, 6nm, 7nm,12nm/16nm, 22nm, 28nm, 40nm, 55nm ...
PCIe 4.0 PHY in TSMC(6nm,7nm,12nm,16nm)
MIPI M-PHY v4.1/v3.1 IP in TSMC(5nm, 6nm, 7nm, 12nm,16nm, 22nm, 28nm, 40nm, and ...
MIPI D-PHY RX/TX v1.1 / v1.2 IP in TSMC (12/16nm, 28nm, 40nm, and 55nm process)
SerDes PHY IP(12nm, 14nm, 22nm, 28nm)
Related News
- Andes Technology Achieves Record Annual Revenue Amid Strong AI Demand
- M31 hit a record high of revenue and profit in last year, and it expects to sustain a double digit growth throughout the year
- Advanced Processes and Chinese Policies Drive 3Q24 Global Top 10 Foundry Revenue to Record Highs, Says TrendForce
- TSMC August 2024 Revenue Report
- Urgent Orders Boost Wafer Foundry Utilization in Q2; Global Top 10 Foundry Revenue Grows 9.6% while VIS Climbs Two Spots, Says TrendForce
Breaking News
- Arteris Joins Intel Foundry Accelerator Ecosystem Alliance Program to Support Advanced Semiconductor Designs
- SkyeChip Joins Intel Foundry Accelerator IP Alliance
- Siemens and Intel Foundry advance their collaboration to enable cutting-edge integrated circuits and advanced packaging solutions for 2D and 3D IC
- Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
- Synopsys and Intel Foundry Propel Angstrom-Scale Chip Designs on Intel 18A and Intel 18A-P Technologies
Most Popular
- QuickLogic Delivers eFPGA Hard IP for Intel 18A Based Test Chip
- Siemens collaborates with TSMC to drive further innovation in semiconductor design and integration
- Aion Silicon Joins Intel Foundry Accelerator Design Services Alliance to Deliver Next-Generation Custom SoCs at Scale
- TSMC Unveils Next-Generation A14 Process at North America Technology Symposium
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |