Palmchip Opens in Pakistan

Palmchip Corporation, a pioneer in semiconductor IP and system-on-chip platform technology, today announced that they are launching a new company to be called Palmchip Semiconductor, Inc. The company will focus on providing chips for wireless storage applications and will soon announce the first wireless storage Application Specific Standard Product. (ASSP) . In support of their new ASSP business, Palmchip is also announcing that they have opened a design center in Pakistan and sold their storage intellectual property (IP) to Mentor Graphics Corporation…