The milestone highlights CEVA’s central role in the IoT era, enabling wireless connectivity and intelligence in billions of smartphones, consumer electronics, wearables, IoT endpoints and edge AI devices.
CEVA, Inc., the leading licensor of wireless connectivity and intelligent sensing technologies and co-creation solutions, today announced that cumulative chip shipments that incorporate CEVA IP exceeded 15 billion units in the second quarter.
This important milestone has been achieved as CEVA approaches its 20th anniversary as a public company. While the first 10 billion deliveries powered by CEVA took more than 15 years, the next 5 billion deliveries took less than three and a half years.
The incredibly fast adoption rate of CEVA’s IP in the IoT era is a testament to the company’s role in democratizing wireless connectivity through the broad licensing of its 5G, cellular IoT, Bluetooth, Wi-Fi and UWB platform IP to hundreds of semiconductor and OEM manufacturers. This effectively lowered the barriers to entry for building wireless connectivity into SoCs, allowing companies to design more cost-effective and energy-efficient chips, leading to the proliferation of wirelessly connected devices that we take for granted today. These devices include smartphones, wearables, listening devices, wireless speakers, smart home appliances, white goods, plugs, lighting fixtures and many more.
Gideon Wertheiser, CEO of CEVA, said:
“Passing the milestone of 15 billion chip shipments powered by CEVA is a very remarkable achievement for CEVA and its customers. The steep ramp in shipments we’ve experienced over the past 3 years directly coincides with the explosion of IoT devices, where nearly every electronic device shipped today is connected.”
“We’ve been developing and investing in wireless technology for two decades, and today CEVA is proud to be at the forefront of wireless connectivity in the IoT era. Going forward, as devices become increasingly intelligent, integrating more sensors and intelligence, our sensor technologies and edge AI platforms are focused on building on our wireless success. We are excited and encouraged by what lies ahead for CEVA as the adoption of our technologies continues to grow and we reach new heights.”
Today, more than 50 CEVA-powered devices are sold every second around the world.