Altair Named Samsung Advanced Foundry Ecosystem Partner

Rhea-AI Summary

Altair (Nasdaq: ALTR) has been chosen as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™). This collaboration aims to integrate Altair's comprehensive EDA technology with Samsung Foundry's manufacturing capabilities, enhancing semiconductor design and production efficiency. Altair will provide various design and verification solutions, including chip design, analog circuit verification, production process simulation, and rapid debugging technology. Their FlowTracer™ visualization platform and integrated solutions like high-performance computing resource management, AI-based meta-scheduling, and data analytics will support market responsiveness and product development competitiveness.

Positive

• Altair's partnership with Samsung Foundry enhances its credibility and market position in the semiconductor industry.
• Integration of Altair's EDA solutions with Samsung's manufacturing capabilities can lead to more efficient semiconductor design and production processes.
• Offering of various design and verification solutions, including chip design and analog circuit verification, addresses comprehensive design requirements.
• Introduction of Altair FlowTracer™ for digital circuit design flow can improve problem resolution and standardize complex design flows.

Negative

• None.

Insights

Tech Expert

Altair’s partnership with Samsung Electronics in the Samsung Advanced Foundry Ecosystem (SAFE™) is a significant move in the semiconductor industry. The integration of Altair's EDA solutions with Samsung Foundry’s manufacturing capabilities promises to streamline the design and verification process for semiconductor production. This can lead to quicker turnaround times and higher quality in chip production.

Key to this partnership is Altair's FlowTracer, a platform that visualizes the digital circuit design flow. This tool is especially useful for problem identification and resolution. By standardizing complex multi-structure design flows, it simplifies the management of semiconductor design processes, which is important in a field where precision and efficiency are paramount.

Altair’s plans to incorporate AI-based meta-scheduling and data analytics further enhance this collaboration. These technologies will enable better resource management and faster data processing, giving Samsung a competitive edge in the market.

For a retail investor, understanding the importance of these technological capabilities is key. The efficiencies gained through this partnership could lead to lower production costs and faster time-to-market for new chips, potentially boosting both companies' market positions.

Financial Analyst

From a financial perspective, Altair’s selection as a SAFE EDA partner by Samsung is a positive development. The partnership could drive revenue growth for Altair as its solutions become integral to Samsung’s foundry operations. This collaboration not only strengthens Altair’s market position but also enhances its visibility in the competitive semiconductor industry.

The emphasis on advanced technologies like AI-based meta-scheduling and data analytics solutions indicates a forward-thinking approach that could result in significant operational efficiencies. These improvements can lead to cost savings and potentially higher profit margins for Samsung Foundry, which in turn benefits Altair through sustained demand for its solutions.

Retail investors should note that such strategic partnerships often signal long-term revenue stability and growth potential. Altair’s involvement in Samsung’s foundry ecosystem could also attract other major semiconductor clients, further solidifying its market presence.

Altair's EDA solutions enable verification from semiconductor design to production in one place, addressing various design requirements

SEOUL, South Korea, July 9, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).

Through this collaboration, Altair and Samsung Electronics will combine Altair's comprehensive EDA technology with Samsung Foundry's manufacturing capabilities to establish a more innovative, more efficient semiconductor design and production process. 

"Integrated design and verification solutions are a key element in the semiconductor industry, which demands fast, high-quality production," said Doha Kim, country manager, Altair Korea. "By providing various design and verification solutions, Altair supports collaboration within the ecosystem, including with Samsung Foundry, design houses, and fabless companies, to enhance productivity and quality."

Altair was selected as a SAFE EDA partner for its diverse technological capabilities in providing various solutions needed for semiconductor design and verification, including silicon debugging tools. These solutions are used to meet and verify various design requirements for foundry customers by providing chip design, analog circuit verification, production process simulation, and rapid debugging technology.

Among these solutions is Altair® FlowTracer™, a visualization platform for digital circuit design flow that facilitates problem identification and resolution for library and process design kit (PDK) users through visualization. Additionally, it standardizes complex multi-structure design flows, enabling efficient management of semiconductor design and verification processes.

Within the partnership, Altair also plans to offer integrated solutions including high-performance computing (HPC) resource management, AI-based meta-scheduling technology, and data analytics solutions. Together, both companies aim to enhance market responsiveness and product development competitiveness to quickly handle large amounts of data. 

For more information, visit https://semiconductor.samsung.com/kr/events/foundry-events/.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com. 

Media contacts
Altair Corporate	Altair Investor Relations
Bridget Hagan	Stephen Palmtag
+1.216.769.2658	+1.669.328.9111
corp-newsroom@altair.com	ir@altair.com
Altair Korea
Iseul Jeong
+82.70.4050.9210
iseul@altair.com

 

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SOURCE Altair

FAQ

What is the stock symbol for Altair?

The stock symbol for Altair is ALTR.

When was Altair selected as a Samsung Advanced Foundry Ecosystem partner?

Altair was selected as a Samsung Advanced Foundry Ecosystem partner on July 9, 2024.

What benefits does Altair bring to the Samsung Advanced Foundry Ecosystem?

Altair provides comprehensive EDA technology, including chip design, analog circuit verification, and production process simulation.

What is Altair FlowTracer™?

Altair FlowTracer™ is a visualization platform for digital circuit design flow that facilitates problem identification and resolution.

How will Altair and Samsung's collaboration impact semiconductor design?

The collaboration aims to enhance semiconductor design and production efficiency by combining Altair's EDA technology with Samsung Foundry's manufacturing capabilities.

What integrated solutions does Altair plan to offer within the partnership?

Altair plans to offer integrated solutions including high-performance computing resource management, AI-based meta-scheduling technology, and data analytics.