IDB Director General Jang-Hwa Leu pointed out that IC design startups often suffer from insufficient capital or resources, inhibiting their ability to access critical IP and preventing innovative designs from progressing to the commercialization stage due to challenges around things like technology, patents, legal issues and capital. This new initiative will enable startups to better navigate these challenges by providing a platform through which they can access chip design support from ITRI (including system design and optimization, chip integration solutions, and advanced manufacturing processes), alongside no-cost access to more than 80 Arm products via Arm Flexible Access for Startups. Chih-I Wu, Vice President and General Director of Electronic and Optoelectronic System Research Laboratories of ITRI, stated that the collaboration between ITRI and Arm is expected to achieve three objectives. First, it invites global IC design innovators to come to Taiwan. Arm's global network and resources could assist foreign startups anchoring in Taiwan to speed up chip development. Second, ITRI will contribute extensive industrial resources and experience to engage in IP conversion through its Nankang IC Design Incubation Center. In conjunction with Arm's diverse IP portfolio, this joint effort will provide startups with inclusive chip design and wafer roll-off services, quickly deploying niche chips to fulfill market demand. This arrangement should greatly improve the cash flow of startups and accelerate their time-to-market. Lastly, by connecting Arm's global ecosystem of more than 1,000 technology partners with Taiwan's unique semiconductor cluster, in addition to electronic OEM/ODM, software developers and the end application ecosystem, this initiative will be critical to further positioning Taiwan at the center of the Asia-Pacific semiconductor ecosystem. Arm Taiwan President CK Tseng commented that helping startup teams to innovate and go to market quickly and successfully is fundamental to promoting continued technological advancement. More than forty partners worldwide, covering IoT, autonomous vehicles, terminal device AI, wearable medical devices, have taken the advantage of Arm Flexible Access for Startups since its launch. Any startup with less than USD $5 million in capital can join this program; by gaining no-cost access to a wide portfolio of more than 80 Arm products, these startups have the freedom to experiment, evaluate and innovate in chip design, as well as access to Arm's global resources and ecosystem of other chip designers, software developers, technical support, training and tools. With no fees for prototyping or test tape-outs, the company then only pays a licensing fee at commercial rollout for the IP it uses. This allows startups to make better use of their funds, while shortening their product development cycle by an average of 6-12 months. ITRI, offering extensive expertise in IP management and multi-disciplinary innovative technology, and Arm, providing broad access to leading technology through its Flexible Access for Startups program, are committed to helping IC startups take root in Taiwan. The cooperation is expected to combine enormous resources, providing global startup companies with comprehensive services from product development to worldwide marketing. About ITRI Industrial Technology Research Institute (ITRI) is one of the world's leading technology R&D institutions aiming to innovate a better future for society. Founded in 1973, ITRI has played a vital role in transforming Taiwan's industries from labor-intensive into innovation-driven. To address market needs and global trends, it has launched its 2030 Technology Strategy & Roadmap and focuses on innovation development in Smart Living, Quality Health, and Sustainable Environment. It also strives to strengthen Intelligentization Enabling Technology to support diversified applications. Over the years, ITRI has been dedicated to incubating startups and spinoffs, including well-known names such as UMC and TSMC. In addition to its headquarters in Taiwan, ITRI has branch offices in the U.S., Europe, and Japan in an effort to extend its R&D scope and promote international cooperation across the globe. For more information, please visit https://www.itri.org/eng . View original content to download multimedia: https://www.prnewswire.com/news-releases/itri-provides-resources-for-innovative-ic-design-startups-in-taiwan-with-arm-301374885.html SOURCE Industrial Technology Research Institute |Contact:| |Company Name: Industrial Technology Research Institute| Vivian Chen, Office of Marketing Communications, ITRI Phone: +886-3-591-9154 [Email Contact] Web: