Collaboration with the World's Largest Chip Manufacturer TSMC Will Help Achieve Breakthroughs

Avnet ASIC Israel (AAI), a leading provider of end-to-end solutions in the ASIC chip and system-on-chip field, has signed a collaboration agreement with TSMC, the world's largest chip manufacturer. As part of the collaboration, the Taiwanese giant has appointed Avnet ASIC to be a Value Chain Aggregator (VCA), a designation that will allow the company to provide Israeli and international start-ups and hi-tech companies with a wide range of services, from chip specification to design, and to the production of silicon using TSMC's most advanced manufacturing processes.

Avnet ASIC Israel is a center for designing and manufacturing ASIC chips (chips designed for specific customers for specific applications) that offers a full range of ASIC design and manufacturing services. The company has been supporting existing and new customers in Israel and Europe for decades, successfully providing services to start-ups, original equipment manufacturers (OEMs), and international companies for hundreds of products across a wide variety of sectors. Avnet ASIC will integrate design capabilities into TSMC's Open Innovation Platform (OIP) and offer services at every stage in the chip value chain, including in intellectual property (IP) development, design, silicon wafer production, assembly, and testing.

Yulia Milstein, GM and Head of Business at Avnet Israel, stated: "We have a shared legacy of 20 years of partnership with TSMC, and expanding the partnership to VCA services further fortifies our position in the industry. This partnership allows us to provide a competitive advantage to our shared customers by reducing their time to market and providing them with a safe path to mass production."

Paul de Bot, CEO of TSMC in Europe, the Middle East, and Africa, said: "We are pleased to warmly endorse Avnet Israel as a TSMC VCA partner. The company's exceptional track record in TSMC technologies and expertise in design and manufacturing across a variety of applications such as Automotive and AI enable us to deliver outstanding value to our customers and expand our market."

Pavel Velik, GM and Head of Engineering at Avnet Israel, added: "We have a rich record of successful design projects across all manufacturing technologies up to innovative levels of 4 nanometers, demonstrating deep understanding of TSMC products and services. This initiative strengthens our offering in areas such as AI, automotive, high-performance computing, data centers, and more, and we are ready to support our shared customers developing solutions for these innovative applications."

Avnet Israel is a division of Avnet Silica, which belongs to Avnet, a global technology solutions provider that offers expertise in design, product, marketing, and supply chain for customers at every stage of the product lifecycle. Avnet turns ideas into smart solutions, reducing the time, cost, and complexity of bringing products to market.

TSMC, founded in 1987, is a pioneer in semiconductor manufacturing solutions for other companies in a pure-play foundry model and since its establishment, it has the largest fab in the world in the semiconductor sector in this model. Operating in Asia, Europe, and North America, the company supports customers and global partners in leading process technologies and a variety of design solutions to promote innovation in the global semiconductor industry.

TSMC has implemented 288 different process technologies and produced 12,698 products for 532 customers in 2022, providing the widest range of advanced technological services and expertise in the semiconductor field. The company's headquarters are located in Hsinchu, Taiwan.