Welcome to our dedicated page for QuickLogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on QuickLogic stock.
QuickLogic Corporation (NASDAQ: QUIK) is a pioneering fabless semiconductor company specializing in customizable, low-power silicon solutions for mobile and portable electronics. With over three decades of experience, QuickLogic has established itself as an industry leader in providing embedded FPGA (eFPGA) intellectual property (IP), multi-core semiconductor system-on-chips (SoCs), discrete FPGAs, and AI software, enhancing the design and functionality of high-tech devices.
QuickLogic's flagship product offerings include their Customer Specific Standard Products (CSSPs), which allow for rapid development and longer market sustainability, crucial for the fast-paced mobile and portable electronics sectors. These solutions cater to a broad range of industries including Aerospace and Defense, Consumer/Industrial IoT, and Consumer Electronics markets, providing tailored silicon and software platforms.
Recent achievements highlight QuickLogic's innovative edge:
- In March 2024, QuickLogic was selected by a large multi-national company for eFPGA IP targeting the TSMC N12e 12nm process. This partnership will result in ultra-low-power SoCs leveraging AI for commercial and industrial IoT applications.
- QuickLogic announced its participation in the GOMACTech 2024 Conference to showcase its groundbreaking FPGA and eFPGA cores.
- In collaboration with Zero-Error Systems America (ZES), QuickLogic is developing radiation-tolerant eFPGA IP for space applications, addressing demand for reliable reprogrammable hardware in satellite technology.
- The release of Aurora 2.6, an advanced eFPGA development tool suite, supports both Windows and Linux platforms, offering performance boosts and new interactive features.
- QuickLogic's subsidiary, SensiML, launched a disruptive open-source AutoML solution for edge AI/ML development, further democratizing AI technology for IoT devices.
- QuickLogic's financial performance remains robust, with revenue growth and strategic inclusion in the Russell 3000® Index recognizing its market significance.
QuickLogic's end-to-end solution portfolio is completed by SensiML Corporation, providing AI/ML software that accelerates edge AI applications. Their unique approach combines hardware and software solutions to deliver efficient, low-power AI processing at the endpoint, enhancing device intelligence and functionality.
For more information, visit quicklogic.com.
QuickLogic Corporation (NASDAQ: QUIK) reported its financial results for Q3 2020, revealing total revenue of $1.8 million, a decrease of 19% from Q2 and 18% year-over-year. New product revenue fell to $0.7 million, down 22% from Q2 and 37% year-over-year. Mature product revenue was $1.1 million, a 17% decline from Q2 but flat compared to last year. Despite a GAAP net loss of $2.1 million, the company improved its gross margin to 51.9%. The operating expenses decreased to $3.0 million, indicating improved cost management.
QuickLogic Corporation (NASDAQ: QUIK) announced participation in two upcoming investor events. The first is the ROTH Capital Partners Technology Virtual Event on November 11-12, 2020, where CEO Brian Faith will speak on the panel titled IoT 'Touchless' Voice in COVID Era. The second event is the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020. One-on-one meetings will be available at both events for investors interested in discussing the company's low power, multi-core semiconductor solutions for AI, voice, and sensor processing.
QuickLogic Corporation (NASDAQ: QUIK) has launched its ArcticPro™ 3 embedded FPGA (eFPGA) IP, optimized for the Samsung 28nm FD-SOI process. This new technology enables OEMs and semiconductor firms to integrate eFPGA capabilities into their ASICs/SoCs, enhancing system performance while reducing cost and power consumption for Edge AI applications. The ArcticPro 3 features a homogenous architecture and supports embedded RAM and multiply-accumulate blocks for efficient hardware acceleration. The technology is now available, offering significant improvements in performance and power management.
QuickLogic Corporation (NASDAQ: QUIK) announced its membership in the Samsung Advanced Foundry Ecosystem (SAFE) IP Partner Program. This partnership enables QuickLogic's ArcticPro 3 eFPGA technology to be available on Samsung's 28nm FD–SOI process. The integration allows OEMs to enhance system performance while minimizing power consumption and costs. ArcticPro 3 eFPGA is designed to boost device performance and supports comprehensive software development through QuickLogic's tools. This collaboration is anticipated to provide competitive advantages to both companies in the SoC market.
QuickLogic Corporation (NASDAQ: QUIK) announced that Sr Director of Product Marketing, Mao Wang, will present at the Samsung SAFE Forum on October 28, 2020, from 12:00 noon to 6:00 p.m. The virtual event focuses on innovative technology solutions across various sectors, including IoT and 5G. Wang's presentation will cover how eFPGA technology can enhance AI endpoint applications, particularly in vision-based tasks like face detection. QuickLogic aims to improve performance and energy efficiency in battery-powered devices using custom hardware accelerators.
QuickLogic Corporation (NASDAQ: QUIK) will host a conference call on November 4, 2020, at 5:30 p.m. ET to discuss its third quarter fiscal 2020 financial results. The call can be accessed via toll-free dial-in numbers, and a replay will be available until November 11, 2020. QuickLogic specializes in ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and AI solutions, enhancing opportunities in mobile, wearable, and IoT sectors. Investors can follow the call through QuickLogic's investor relations page.
SensiML Corporation announced that its CEO Chris Rogers and CTO Chris Knorowski will present at the ST Developers Conference on October 20-21, 2020. The conference, which runs from 8:30 am – 4:00 pm PT, will focus on innovative solutions for IoT, Smart Driving, and Smart Home applications. Their presentation titled "Build Smarter IoT Products Faster with SensiML and ST SensorTile.Box" will showcase new AI tools for developing optimized sensor algorithms efficiently. Visitors can also explore SensiML’s virtual booth for informative videos and resources.
SensiML Corporation announced the integration of its SensiML Analytics Toolkit with the QuickLogic QuickFeather Development Kit, a small form factor board designed for low-power, machine learning IoT devices. The QuickFeather kit features QuickLogic's EOS S3 low-power SoC and fully open-source development tools. This integration enhances SensiML's strategy to deliver AutoML tools across diverse IoT platforms. The SensiML Toolkit offers scalable workflows for IoT development, and the promotional price for the QuickFeather kit with SensiML AI starter software is $99, available on QuickLogic and Crowd Supply websites.
QuickLogic Corporation (NASDAQ: QUIK) announced that CEO Brian Faith will present at the CHIPS Alliance Workshop on September 17, 2020, at 1:50 p.m. (PDT). The workshop focuses on open source FPGA tooling, discussing QuickLogic's journey from resistance to adoption. With significant contributions from companies like Google and Antmicro, the workshop aims to enhance development in open source FPFA tools. QuickLogic aims to be the first programmable logic company to actively engage in this domain. For more details and to register, visit the CHIPS Alliance Workshop schedule.
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