LOS ALTOS, Calif. — (BUSINESS WIRE) — July 9, 2015 — Palma Ceia SemiDesign^TM (“PCS”), a provider of analog and RF IP for next-generation WiFi and mobile communications, and NEWRACOM, a technology-intensive global startup in wireless technologies for making everything communicate and be connected, today jointly announced NEWRACOM has selected Palma Ceia as its IP partner in the development of next-generation WiFi chipsets.

“Partnering with NEWRACOM is a significant opportunity to work on the most advanced WiFi technologies under development – and early in the adoption of new standards,” said Roy E. Jewell, CEO of Palma Ceia. “We are very pleased with NEWRACOM’s selection of PCS as its partner for the development of next-generation WiFi chipsets.”

The companies will develop low-power, high-performance next-generation WiFi chipsets compliant with the standards of 802.11ac and 802.11ah. The 802.11ah standard benefits from lower energy consumption, thereby facilitating machine-to-machine communication in the Internet of Things (IoT). The 802.11ac standard provides high-throughput wireless local area networks (WLANs) on the 5 GHz band.

“We are pleased to work with Palma Ceia SemiDesign and believe they will help us make progress in pursuit of our goal to advance wireless technology,” said Sok Kyu Lee, NEWRACOM’s chief executive officer. “We expect to benefit greatly from Palma Ceia’s expertise in extremely low-power, high-performance chipset design.”

About NEWRACOM

NEWRACOM, Inc. is a technology-intensive global startup in wireless technologies for making everything communicate and be connected. The company had its origins within ETRI (Electronics and Telecommunications Research Institute), the largest public ICT research institute in Korea. For more information visit NEWRACOM online at http://www.newracom.com.

About Palma Ceia SemiDesign

Palma Ceia SemiDesign, Inc. is a provider of semiconductor IP for next-generation WiFi and mobile communications, targeting analog and RF IP for mixed-signal SoCs. With a focus on emerging standards, PalmaCeia SemiDesign supports the design of high-performance devices for broadband, wireless, medical and automotive applications. Palma Ceia SemiDesign solutions are differentiated by low-power and high-performance designs. Visit Palma Ceia SemiDesign on the web at www.pcsemi.com.

Palma Ceia SemiDesign and the Palma Ceia SemiDesign logo are trademarks of Palma Ceia SemiDesign, Inc., and are protected by trademark laws of the United States and other countries. All other product and company names are trademarks or registered trademarks of their respective companies.

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