The Symbicorts new chip design is being developed in a bid to make the company more competitive with Nvidia and its chip technology.
The chip maker is partnering with Nvidia to build the chip, which is designed to make computer vision and machine learning applications and is expected to be used in a range of consumer electronics.
The company is targeting a market that is about the size of the mobile phone market, said Darren Fagan, president and CEO of Symbicontact.
“In terms of where we’re at with our revenue, the technology is very exciting,” he said.
The new chip will be used to help drive the company’s AI software, but it is also being used in its software for the new Samsung smart TVs. “
Our competitors are making $200,000 a chip, and we’re making less than $100,000.”
The new chip will be used to help drive the company’s AI software, but it is also being used in its software for the new Samsung smart TVs.
“This is not just about being a hardware manufacturer, this is about being the hardware partner for the world’s leading AI software platform, and that is the Samsung Smart TV,” Fagan said.
The firm is also working with Nvidia on new hardware, which will be introduced at the IFA conference in Berlin in the next two weeks.
Symbicourt’s new chip was developed with a number of partners including Samsung, Intel, Qualcomm and Nvidia.
Nvidia is not part of the deal, but Fagan is confident it will help in the coming years.
“If we’re not the first to bring these chips to market, then the industry will be the last,” he told the Financial Post.
“I can see it going through.”
He said the technology will make Symbicronts chip more competitive in the chip market.
“The company is already looking at its future with regard to its chip business, and if we’re right, then we will be a more important player,” Fagger said.
It is also developing its chip, called Symbicore, which uses Nvidia’s new Graphics Processing Unit.
“It’s a very important part of our business,” he added.
“For the next six to 12 months we are very focused on this chip.”
Fagan told the Post the company is also aiming to have the chip manufactured at a factory in Australia.
“To get the most out of the technology, we need to have that manufacturing capability,” he says.
“So that’s where the next generation is going to come from.”
The company has already been working with Samsung on a chip that is aimed at the smartphone market, and it is expected that the next step will be to work with Samsung’s mobile division.
It said it was also working on a new product for the mobile industry, but declined to provide further details.
The move to a manufacturing partner has helped the firm to take advantage of the growing number of smartphone models available, as well as the new capabilities that smartphones have given mobile users, said Fagan.
“With the mobile ecosystem growing, there’s a huge opportunity for us,” he wrote.
“Having a chip partner in the semiconductor industry gives us access to the technology that is coming out of Silicon Valley, where we are in our first major breakthroughs.”
Symbicir’s new product will be available in 2018.