SiemensEDA executives have come together to establish a new EDA (Electronic Design Automation) company in China called Semiconductor Intelligent Design Automation (SEIDA). According to Reuters, SEIDA plans to launch its Optical Proximity Correction (OPC) software in the coming year.
In 2022, SEIDA developed a comprehensive business plan and is now seeking approximately $100 million in investments. The company has already secured the support of China Fortune-Tech Capital (CFTC), an investment arm of SMIC, as well as four Chinese venture capital firms.
Leading the SEIDA team is Liguo Zhang, who previously worked for Mentor in the United States before its acquisition by Siemens. Zhang is joined by three other former Siemens EDA executives, including Peilun Chang, who serves as the Chief Operating Officer (COO) of SEIDA.
The establishment of SEIDA marks a significant milestone in the EDA industry, as it brings together a team of experienced professionals with a deep understanding of the market. With the support of major investors, SEIDA is poised to make a strong entry into the market with its OPC software.
OPC software plays a crucial role in the semiconductor industry by enhancing the accuracy and reliability of chip designs. It enables designers to correct any optical proximity errors that may occur during the manufacturing process, ensuring optimal performance and functionality of the final product.
SEIDA's decision to focus on the development and sale of OPC software reflects the growing demand for advanced design automation solutions in the Chinese market. As the semiconductor industry continues to evolve and innovate, companies like SEIDA play a vital role in enabling efficient and cost-effective chip design.
With the financial backing of CFTC and other venture capital firms, SEIDA is well-positioned to invest in research and development, further enhancing its software offerings. This investment will enable SEIDA to stay at the forefront of technological advancements and meet the evolving needs of the semiconductor industry.
In conclusion, the formation of SEIDA by SiemensEDA executives represents a significant development in the EDA industry. With its focus on OPC software and strong financial backing, SEIDA is poised to make a mark in the Chinese market and contribute to the advancement of semiconductor design automation.