News Release from: MoSys
Edited by the Electronicstalk Editorial Team on 11 July 2003
Memory IP growth leads the market
MoSys has been named as the fastest growing top 10 semiconductor intellectual property vendor by IP revenue, according to a report by leading independent market research company, Gartner Dataquest.
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MoSys has been named as the fastest growing top 10 semiconductor intellectual property vendor by IP revenue, according to a report by leading independent market research company, Gartner Dataquest. The survey, conducted by Jim Tully, Chief Analyst at Gartner Dataquest, notes that MoSys' revenues from semiconductor IP leapt from $9.5 million in 2001 to $24.9 million in 2002, representing a growth of 162%, more than five times the industry average. The 2002 position builds on an equally strong showing in a similar survey last year, when MoSys was ranked fastest growing top 20 semiconductor IP company.
MoSys also ranked highly in growth of royalties derived from semiconductor IP, rising from $3.4 million in 2001 to $14.4 million in 2002, placing it in the top four IP vendors worldwide by royalty revenue.
These royalties represented 58% of MoSys' revenues from IP, more than double than the industry average of 21%.
The 2002 Gartner Dataquest report shows that memory is the fastest growing revenue generator by function, and MoSys is the only specialist memory IP supplier to be noted by Tully as among the "leaders that made a strong contribution in 2002".
"We're very satisfied with our worldwide number one ranking in IP revenue growth", said Mark-Eric Jones, Vice President and General Manager of Intellectual Property for MoSys, "and we're particularly pleased that we have achieved such impressive growth figures for the second year running.
In particular, it is very encouraging that we have maintained our momentum in royalty growth.
This shows the increasing adoption of our technology for volume production by our customers - our most recent success is in production in a latest-generation cell phone in Asia - and the continuing value that our customers receive.
It's good to see that Gartner Dataquest concurs on the importance of royalties: the recommendation Jim Tully makes on page one of the report comments: 'Vendors must develop business models that will build royalty revenue for the benefit of vendors and users'.
At MoSys, we have been following such a model since starting our IP business".
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