ElevATE Semiconductor has entered into a strategic partnership with Polar Semiconductor to manufacture ElevATE’s advanced products for the automatic test equipment (ATE) and semiconductor industries. This partnership strengthens both companies’ position in meeting growing market demands.
SAN DIEGO, CA / ACCESSWIRE / October 11, 2024 / ElevATE Semiconductor, a leading provider of cutting-edge semiconductors for the semiconductor test and ATE markets, and Polar Semiconductor, a U.S. manufacturer of high-performance analog and power semiconductor devices and sensors. announced a strategic partnership to develop and manufacture ElevATE products used by the world’s leading ATE equipment and semiconductor companies.
Polar and Elevate partners
To meet current production and future expansion demands, ElevATE and Polar are working together to qualify product manufacturing at Polar’s plant in Bloomington, Minnesota.
For Polar Semiconductor, this partnership provides an opportunity to expand its customer base and foundry footprint within the automated test equipment (ATE) market, which is expected to grow significantly in the coming years.
“This partnership strengthens Polar Semiconductor’s ability to manufacture cutting-edge, high-speed, low-power test semiconductors,” commented Rajesh Appat, vice president of business and technology development at Polar Semiconductor. “Our main goal is to work closely with ElevATE Semiconductor and apply our over 60 years of proven expertise in technology and process development to ensure that we can deliver best-in-class, high-quality products to the ATE market. It’s about supporting.”
said Anil Kodali, Vice President of Operations and Quality Assurance at ElevATE. “By partnering with Polar, we are able to ensure a reliable supply chain and meet the growing demands of our customers in terms of quantity, quality, and speed.” With the receipt of USD funding, Polar further solidifies its position as a reliable manufacturing partner in the United States for long-term supplies. ”
About ElevATE Semiconductor ElevATE Semiconductor is a leader in the global semiconductor manufacturing industry, providing cutting-edge semiconductor test and ATE solutions. The company is committed to supporting the semiconductor and systems test community by providing advanced integrated circuits (ICs) that address the complex challenges of ATE. ElevATE Semiconductor focuses on designing efficient high-density solutions to reduce the overall cost of test for our customers now and in the future. Visit www.elevatesemi.com.
About Polar Semiconductor Headquartered in Bloomington, Minnesota, Polar Semiconductor is a US-owned, US-based foundry with more than 60 years of integrated device manufacturing experience in power management and sensors serving automotive, consumer, and industrial markets. have experience. Through funding from CHIPS and the State of Minnesota, private equity investment, and under new ownership, Polar will continue its innovative commitment to delivering power innovation and high-volume production to its partners and customers. For more information, please visit www.polarsemi.com.
Forward-Looking Information This news release may contain forward-looking statements that involve risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date of this document. ElevATE Semiconductor undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual results, except as required by law. We are not responsible for
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Source: ElevATE Semiconductor
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