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CEVA Inc. (NASDAQ: CEVA) is a global leader in the licensing of signal processing IPs, focusing on creating power-efficient, intelligent, and connected devices for a smarter, connected world. Their partnerships with semiconductor companies and original equipment manufacturers (OEMs) globally enable the production of advanced devices catering to various end markets, including mobile, consumer, automotive, industrial, and IoT sectors.
CEVA’s comprehensive portfolio includes ultra-low-power IPs for vision, audio, communications, and connectivity. Their DSP-based platforms support LTE/LTE-A/5G baseband processing, computer vision, computational photography, and always-on sensing applications. Notably, their connectivity solutions encompass widely adopted IPs for Bluetooth (low energy and dual mode), Wi-Fi (802.11 a/b/g/n/ac up to 4x4), and serial storage (SATA and SAS).
Recent achievements highlight CEVA's robust market performance. In Q4 2023, they reported a total revenue of $24.2 million, with royalty revenue of $12.3 million, marking a 13% year-over-year increase. Strategic license agreements with leading semiconductor firms for Wi-Fi 6 and AI-enabling software underscore their market relevance. The full year saw a shipment of 1.6 billion CEVA-powered smart edge devices and record cellular IoT royalty revenues.
CEVA is committed to innovation, providing IP that enables devices to connect, sense, and infer data more reliably and efficiently. They continue to expand their portfolio with AI-related offerings and have made significant strides in wireless communications, sensing, and Edge AI technologies. CEVA's leading-edge IPs power over 17 billion smart edge products globally, from AI-infused smartwatches and IoT devices to autonomous vehicles and 5G mobile networks.
CEVA's financial health remains strong, with a focus on profitable growth and operational efficiency. Their continuous effort in developing new technologies and expanding market reach positions them as a trusted partner in the semiconductor industry.
CEVA, Inc. (NASDAQ: CEVA) has launched the Fortrix™ SecureD2D IP solution, enhancing secure data exchange between chiplets in heterogeneous systems on a chip (HSoC). With the semiconductor market projected to reach $50.5 billion by 2024, the Fortrix SecureD2D provides secured communication to ensure security and assurance in HSoCs. The solution has already been adopted by the Department of Defense and Lockheed Martin, integrating cryptographic functions for enhanced security. The Fortrix SecureD2D IP is now available for licensing, supporting various semiconductor processes.
CEVA, Inc. (NASDAQ: CEVA) will announce its fourth quarter and full year 2021 results on February 15, 2022, before the market opens. Following this, management will host a conference call at 8:30 a.m. ET to discuss performance. Investors can join via dial-in or listen to the live webcast. A replay of the call will be available until February 22, 2022. CEVA specializes in wireless connectivity and smart sensing technologies, providing integrated IP solutions essential for various industries including automotive, IoT, and robotics.
CEVA, Inc. (NASDAQ: CEVA) announced that its RivieraWaves Bluetooth® Dual Mode 5.3 Platform has achieved Bluetooth SIG Qualification. This makes CEVA the first IP company to receive this qualification, enhancing Bluetooth connectivity and LE Audio for manufacturers. Key improvements include stronger security, better robustness, and lower power consumption. CEVA has shipped over 1 billion Bluetooth devices in 2021. The new platform is designed to expedite time-to-market for semiconductors and OEMs targeting innovative audio applications, anticipating significant user benefits in the coming years.
CEVA announced the launch of NeuPro-M, its new processor architecture designed for AI and machine learning tasks, during the Consumer Electronics Show on Jan. 6, 2022. NeuPro-M delivers a performance boost of 5-15X compared to its predecessor, supporting up to 1,200 TOPS. The architecture includes specialized co-processors, customizable hardware accelerators, and features like secure boot and data privacy. It complies with automotive safety standards and is available for licensing to customers, enhancing AI performance and efficiency in edge devices.
CEVA, Inc. (NASDAQ: CEVA) has announced a licensing agreement with Beijing Winner Microelectronics Co. for its RivieraWaves BLE5 and Wi-Fi 6 IP platforms. This partnership aims to enhance Winner Micro's next-generation SoCs for IoT applications, including smart homes and industrial uses. CEVA's platforms offer comprehensive solutions for integrating Bluetooth and Wi-Fi into SoC designs, with over 3 billion devices shipped globally. This collaboration highlights CEVA's strong position in wireless connectivity technology, meeting the growing demand for IoT connectivity chips.
CEVA, Inc. has enhanced its Bluebud wireless audio platform by introducing Bluebud-HD, a software package that integrates audio and voice software for premium TWS earbuds and other audio products. The updates streamline development processes and reduce power consumption. According to Yole Développement, the market for TWS earbuds and smart audio devices is predicted to reach over 1.3 billion shipments annually by 2026. CEVA aims to simplify the integration of wireless and audio technologies for semiconductor companies and OEMs, enabling a cost-effective solution to meet rising audio demands.
CEVA, Inc. (NASDAQ: CEVA) and ASPEED Technology have partnered to enhance video conferencing systems using the CEVA-BX1 audio/voice DSP. ASPEED has integrated this DSP into its 2nd generation Cupola360 SoC, AST1230, designed for smart cameras. The collaboration also focuses on the ClearVox software for improved audio processing. The AST1230 features advanced processing for real-time multi-image stitching and high-quality audio with noise suppression, making it suitable for IoT applications. CEVA's technology promises to elevate voice experience in various conferencing environments.
CEVA, Inc. has partnered with Mimi Hearing Technologies to integrate advanced hearing technology into CEVA's Bluebud wireless audio platform. This collaboration aims to make assistive hearing devices more accessible, addressing the increasing demand for hearing solutions. The partnership will be showcased at CES 2022 in Las Vegas, promising growth in the market, which is projected to see shipments of over 92 million assistive hearables by 2024, representing a 46% CAGR from 2020 to 2024.
CEVA, Inc. (NASDAQ: CEVA) announced that its SensPro™ sensor hub DSP IP has achieved Automotive Safety Integrity Level B and ASIL D certification. This milestone reflects CEVA's commitment to safety in automotive applications, particularly in systems-on-chip (SoCs) used for autonomous driving and advanced driver assistance systems (ADAS). The certification ensures compliance with the ISO 26262 standard, enabling customers to create compliant automotive SoCs. SensPro is designed for efficient data fusion from sensors such as cameras and radar, supporting performance in critical applications.
CEVA, a leading licensor of wireless connectivity and smart sensing technologies, announced participation in several upcoming virtual conferences. Key events include the 10th Annual ROTH Technology Event on November 17-18, the 5th Annual Wells Fargo TMT Summit from November 30 to December 2, and the Barclays Global TMT Conference on December 7-8. Presentations will be available via audio webcast on their investor relations website. CEVA provides integrated solutions for various markets, emphasizing sustainability and social responsibility.
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