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CoAsia Semi Joins LG Electronics-Led 'K-On-Device AI' Project, Develops 2 AI SoCs

TECHWORLD · · 1 views

CoAsia Semi Joins LG Electronics-Led 'K-On-Device AI' Project, Develops 2 AI SoCs
[Photo: CoAsia Semiconductor]

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CoAsia Semi said it will participate in LG Electronics-led the 'K-On-Device AI Home(Home)' project.

CoAsia Semi will develop 2 AI system on chips (SoCs) in the project, and the assignment is 'development of on-device AI semiconductor technology for AI home products and services.'

The project period runs through December 2030, and the R&D scale is about KRW 31 billion.

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CoAsia Semi said it will participate in LG Electronics-led the 'K-On-Device AI Home(Home)' project. It also announced that it will develop 2 AI system on chips (SoCs) for the project. The assignment CoAsia Semi will take on is 'development of on-device AI semiconductor technology for AI home products and services,' and the project period runs through December 2030. The R&D scale is about KRW 31 billion.

The project is being pursued as part of the Ministry of Trade, Industry and Energy's K-On-Device AI semiconductor technology development initiative. It is also classified as one of the large-scale national R&D projects. The project aims to apply and demonstrate domestic AI semiconductors in core industries such as robotics and defense.

In addition, the project also aims to develop domestic on-device AI semiconductors and software platforms. The development results will be applied to next-generation AI home products.

Through this, CoAsia Semi expects to help foster a domestic AI semiconductor ecosystem. It also expects to secure a first-mover position in next-generation AI home platforms and create new markets.

CoAsia Semi said it plans to develop 2 ultra-low-power AI SoCs, targeting always-on cognitive capabilities while minimizing power consumption and costs. Through this development, the company aims to expand its on-device AI semiconductor development capabilities, verify the potential for linking future product applications and mass production, and secure strategic reference designs.

Shin Dong-su, CEO of CoAsia Semi, said the significance of participating in this task lies in the recognition of CoAsia Semi's AI semiconductor design and development capabilities, and added that the company will expand the design and value-chain capabilities it has secured around AI and HPC into the on-device AI sector and pursue additional business opportunities in various application markets such as AI home based on its collaboration experience with LG Electronics.

Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406263

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Source: TECHWORLD

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