The following extract from an article released by Socionext on 7...

The following extract from an article released by Socionext on 7 January, 2020 gives some support to the CEO's statement in the update that they were having discussions with Socionext about further engagement post the handing on to TSMC to the extent that such engagements are in line with Socionext's business plan .

“Socionext, as a provider of SoC-based solutions, looks to create a solid synergy by working with leading high-tech companies such as Foxconn and Network Optix,” saidKotaro Goto, Vice Head of the Automotive & Industrial Business Group at Socionext. “Moving business processes to the edge with simple and scalable hardware solutions offers service providers the ability to streamline workflow and support a wide range of business needs, resulting in faster response times and data transfer speed.”

Socionext is championing the use its leading-edge, scalable and power-efficient SoC solutions for meeting customers specific requirements and distinctive use cases with high-performance and AI computing systems and hardware devices to better differentiate their own unique products and services.

Socionext aims to continually expand its current ecosystem of partners and introduce solutions to help in the growing mobile, edge and cloud computing markets.