Socle Technology Hit Consecutive Record High Revenue

July 6, 2012 -- Socle Technology Corporation, the world's leading-edge provider of platform SoC solution and IC design service, today announced its unaudited Q2 revenue reaching a consecutive record of NT$ 370M, a 47 percent up from last quarter and 28 percent up from the same period last year.

Application specific integrated circuits (ASIC) contribute 70 percent to the Q2 revenue totaling NT$ 260M, 40 percent up from last quarter and earnings per share are NT$ 0.22, according to the company.

In a tighter partnership with its major shareholder GLOBALFOUNDRIES, Socle is placing more focus on 28nm ASIC designs. GLOBALFOUNDRIES' advanced manufacturing processes will enable Socle a faster advanced design service. Socle Technology is now one of the few SoC design houses capable of designs at 28 nm nodes on the market.

Socle Technology Corporation, founded in 2001 and invested by GLOBALFOUNDRIES since December 2009, is well-recognized as a leading-edge provider of SoC design and implementation services as well as an architect for more complicated SoC design technology in advanced process nodes. As a strategic partner, Socle has developed some of the best ARM hardcore and ARM embedded SoC platforms among ARM solution providers worldwide. For the best design service with the one-stop-shop convenience, Socle works closely with GLOBALFOUNDRIES and other world-class partners of IP, EDA, and assembly and testing. www.socle-tech.com

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