RRP Semiconductor Ltd Enters Fabless World with Complete IP Transfer of ASICS Design

RRP Semiconductor Limited has entered the Fabless world with the ownership of complete IP transfer of ASICS design, which will enable them to independently enter the discrete semiconductor market. This move promises to offer a one-umbrella solution in the field of Semi-Conductor and open up ready market opportunities estimated to be starting from 25 MusD to over 100 MusD within 2 years of deployment. The ASICS design competence allows them to penetrate deeply into design and manufacture of various automotive components and chips. The ASIC market is estimated to reach over USD 30 billion by 2031, and RRP Semiconductor's technology possession promises a ready business opportunity of 25 musd in the forthcoming financial year.