Efinix Expands Executive Leadership Team and Board of Directors

SANTA CLARA, Calif.—July 25, 2018—Efinix®, an innovator in programmable product platforms and technology, today announced the expansion of its executive leadership team and board of directors. Joining Efinix as SVP Operations and Applications is Ming Ng, and named to the board are industry leaders, Richard Sevcik and Christopher Norris.

“The response to our Trion™ FPGA platform and Quantum™ eFPGA licensing have been a resounding success leading to a strong pipeline of customers and licensing deals,” said Sammy Cheung, co-founder, CEO, and president of Efinix. “We are expecting explosive growth in business, investment interests and company resources. It is a perfect time adding Ming, who is a proven leader in operations and customer support, to our executive team. Richard and Christopher also joined our board at the right moment while we will be facing important business decisions at the board level during this fast-growing period.”

About Ming Ng

Ng brings to Efinix more than 25 years of operations and customer support experience in the semiconductor industry.

He has in-depth knowledge of semiconductor manufacturing from wafer fabrication, to assembly, to testing and logistics. Ng also built from the ground-up multiple fully multi-functional operations.

He has held various leadership positions from product engineering, quality, testing and overall operations during his career. Most recently, Ng was managing director for nearly a decade at Microsemi Corporation. Previously, he was director of Asia manufacturing at PMC-Sierra and general manager at Supertex.

Ng began his career in the semiconductor industry at Telecom Semiconductor, Mitel Semiconductors and LSI Logic, where he held operations and engineering roles.

“Ming, who is also leading Efinix’s Hong Kong company, is an essential addition when FPGA and eFPGA markets in China are booming, especially with the rise of the AI and data center segments,” added Professor GuanHua Chen of The University of Hong Kong, and co-founder of Hong Kong X Technology Fund, an Efinix investor. “Trion FPGAs and Quantum eFPGAs complement each other in market places worldwide and offer differentiating solutions to customers for both system design and ASIC/SoC development.”

About Richard Sevcik

Sevcik, who has served as an advisor to Efinix, spent nearly a decade as executive vice president and board member at Xilinx where he was instrumental in driving quarterly revenue from $135 million to more than $450 million.

After Xilinx, he started Sevcik Consulting, which provides consulting services to semiconductor companies. He served on the board of directors at SiliconBlue Technologies until its acquisition by Lattice Semiconductor in 2011. Currently, Sevcik serves on the board of directors of AnDapt and the strategic board at DSP Concepts.

About Christopher Norris

Norris is an entrepreneur with a proven track record of building companies and leading organizations.

He was president and CEO of Alta Devices where he led the company through multiple rounds of financing, raising over $100M, ultimately leading the company to a successful acquisition in 2014.

Prior to Alta Devices, Norris was a Venture Partner at Blue Run Ventures. He was also president and CEO at MicroDisplay Corporation and spent 17 years at Cypress Semiconductor as vice president and general manager. Today, he is founder at his executive consulting firm, Aurinko Group, where he sources deals, manages diligence and coaches entrepreneurs through the process of refining their business plans and raising funds.

About Efinix

Efinix is an innovator in programmable products platforms and technologies. The company’s Quantum programmable technology enables advanced programmable silicon products in the ASIC, ASSP, and FPGA segments. With Quantum’s Power-Performance-Area advantage, Efinix products address the needs of high-volume, low-power, and small form-factor products for applications in custom logic, compute acceleration, and deep learning. Efinix’s joint development activities, which focus on infrastructure, data centers, and advanced silicon processes, further amplify the company’s leadership in the programmable industry.

For more information, visit http://www.efinixinc.com.