Aplus and Flextronics Semiconductor Sign Licensing Agreement for Embedded EEPROM

Flextronics Semiconductor to embed Aplus' EEPROM IP into its ASIC design

SAN JOSE, Calif., July 14, 2015  -- Aplus Flash Technology, a leader in nonvolatile memory products and customized NVM IP, today announced the signing of an IP Design License Agreement with Flextronics Semiconductor, a business unit of Flextronics, the leading Electronic Manufacturing Services provider. The licensing agreement allows Flextronics and its customer to embed Aplus' high-quality, customized EEPROM IP into an ASIC for manufacture at Singapore foundry Chartered Semiconductor. The EEPROM IP provided by Aplus will enable Flextronics to incorporate data storage and security ID features into its ASIC design.

Peter Lee, CEO, Aplus, said, "We look forward to providing high-quality EEPROM IP for a leading company such as Flextronics. Aplus' core strength is our customized design capabilities and we are pleased to meet their specification requirements in a cost-effective and timely manner. Aplus' industry-leading EEPROM IP and design services are one of the most competitive IP solutions for companies requiring embedded NVM."

Aran Idan, General Manager, Flextronics Semiconductor, stated, "Having Aplus' IP embedded into our ASIC device will enable Flextronics to more effectively address the requirements of our clients and the market. By teaming with Aplus, we can offer a more flexible and attractive product to our end customer."

Aplus Flash Technology (www.aplusflash.com)

Aplus Flash Technology is a fabless IC company offering non-volatile memory IP and memory products. Its line of NVM IP includes ROM, OTP, NTP, EEPROM, FLASH+EEPROM and FLASH, and can be embedded into communications, computing and consumer applications. Aplus offers standard IP blocks and customized ASIC designs as well as standard memory products. Its IP blocks can be found in applications from smart cards to talking toys to microcontrollers to RFID ICs. Aplus' embedded licensees including leading global semiconductor companies and its foundry connections span worldwide in countries including Taiwan, Korea and China.

Flextronics Semiconductor (www.flextronicssemi.com)

Flextronics Semiconductor, a business unit of Flextronics, provides ASIC products and IC design services. ASIC products include full system-on-chip (SoC), standard cell and gate array ASIC (digital, analog, and mixed-signal); IC design services include FPGA (field programmable gate array) conversion, ASIC retargeting and backend IC design capabilities. Flextronics Semiconductor has design centers worldwide that work with customers to deliver system-level solutions in silicon.