(20 September 2017, Kuala Lumpur) KeyASIC Berhad announced today that it has appointed Mr. Chan Ying Poh as General Manager of Semiconductor, IOT Business Unit. Mr. Chan will be responsible for the development of the business and products in semiconductor and the rapidly growing Internet of Things (IOT) industry. The Company started the development of the IOT SoC products, SPG product line few years ago and has been shipping the SPG101 successfully in the IOT Wi-Fi market. Kcard/Kdrive and Mcard/Mdrive are both developed based on SPG101 and the Company is in the process of developing the second generation of IOT SoC. 

Mr. Chan will also be responsible for the development of ASIC design service business, SPG product line and the IOT business. Prior to his promotion, Mr. Chan was the Manager for the ASIC Engineering department where he is responsible for the development of ASIC, IP and also the second generation of the IOT chip where he spearheaded the development of low power libraries with the capability of reducing the power of a chip by more than 30% for the same process technology. Mr. Chan is a veteran in semiconductor industry and has about 20 years of engineering and management experience.

“We started our technology and product development of IOT chip about 5 years ago and we have successfully shipped SPG101 in millions over the last 2 years. Complimenting the IOT chip, we have also developed the Cloud platform so that it is easy for our customers to embrace and kickstart their IOT business. The market is still at the early adoption stage and we are aligning our resources to take the leadership role in driving the IOT market.” said Mr. Eg Kah Yee, Chairman and CEO of the Company. “The opportunity is here and our technology is definitely leading in this space and the appointment of Mr. Chan will help the Company to accelerate the development of this business,” he added.

About KeyASIC:

KeyASIC (Bursa Stock Code: 0143) is a leading IOT chip and ASIC design company. Its six countries patented Mcard and Mdrive are SD WiFi card and USB WiFi drive respectively that enable any host device or equipment with SD or USB interface making connection to Internet Cloud.

(Petaling Jaya, 20 April 2017) KeyASIC Berhad (Stock Code: 0143) announced today that its 1st IOT Workshop conducted locally yesterday was a huge success. Over 70 local companies from a wide variety of local industries attended the half day work. The Workshop was developed by KeyASIC and jointly co-organized by MDec.

Following the continuous decline of PC sales as a personal computing platform and wide adoption of smart phone due to its mobility, the technology industry has been making investment increasingly into the IOT market. Unlike the PC and smart phone market where the platform is limited to PC or smart phone, the IOT concept is to making any electronic powered device or non-electronic “thing” to be directly connected to Internet where the intelligence of the computation resides in the Cloud. With the IOT technology, it literally means.

The Company has launched its first IOT workshop on February 14, 2017 to any businesses who are in the process of entering or extending its business with IOT technology. Over 60 companies ranging from healthcare, fitness, equipment manufacturers, building management companies, senior care operators, schools, surveillance companies, textile companies, transportation companies, power companies, software developers and system integrators have attended, showing strong demand to transform the business to an IOT business model. The IOT workshop will be held in Malaysia in the near future and is expected to hit the road in China market as well. The Company expects to have more design wins in the fitness equipment market.

Additionally, KeyASIC also has signed an agreement with United Power Technology Research, Technology Corporation (UPRtek), an affiliate of the Phison Group in incorporating Mcard into their Spectromter. The basic function of a spectrometer is to take in light, break it into its spectral components, digitize the signal as a function of wavelength, and read it out and display it via a computer. The slit vignettes the light as it enters the spectrometer. The Company has already shipped thousands of Mcard™ with the spectrometers.

The Company has already been shipping Mcard™ with the CPAP machines in the mobile health market for patients with sleep apnea problem since 2016.

About the Companies

KeyASIC Berhad (Stock Code: 0143) is a public listed company on Mainboard of Bursa Malaysia.  It specializes design and manufacturing of IOT chips and system, connecting any electronics and non-electronic items to the Internet. Kcard, Kdrive, Mcard and Mdrive are the IOT products currently shipping in the market.  It also offers turnkey ASIC design service and SoC design and manufacturing.  Its customers are largely in the US, Russia and Asia.  It has offices in Malaysia and Taiwan.