M31 Technology is one of the few companies worldwide that specializes in the development of Silicon Intellectual Property (SIP). With long-standing partnerships with leading global foundries and top-tier IC design companies, M31 holds a crucial position in the upstream of the semiconductor industry and serves as a starting point for technological innovation. SIP modules are reusable and highly reliable, helping shorten development cycles and increase design success rates. As SoC architectures become increasingly complex, third-party IP licensing has become mainstream, enabling IC design companies to focus on their core technologies. Through professional specialization and standardized modules, companies can reduce R&D costs and risks. SIP has become a key driver in enhancing system performance and product competitiveness, accelerating the overall efficiency and advancement of the IC design industry.
Our products are primarily divided into two main categories: Foundation IP and Interface IP. In addition, we offer IP Integration services to assist customers in integrating multiple IP modules, enhancing SoC design efficiency and shortening development cycles. All IPs provided by M31 are delivered in Hard IP format, meaning the physical design and process validation have been completed. These IPs can be directly embedded into semiconductor manufacturing platforms. Hard IPs are particularly well-suited for high-speed transmission and advanced process nodes, offering high reliability, process compatibility, and integration efficiency—ultimately strengthening product performance and improving development success rates. For more detailed technical information about our products, please visit our product page .
Foundation IP is an essential component of chip design, comprising key building blocks such as Standard Cell libraries, Memory Compilers, and I/O Libraries. It forms the fundamental design base for constructing System-on-Chip (SoC) architectures. These IP modules are fully validated for specific process technologies, offering high stability and compatibility. They help design teams accelerate development cycles, reduce costs, and shorten time-to-market. M31 works closely with the world’s leading foundries to ensure strong integration of Foundation IP with various process platforms. In addition, M31 offers customized designs tailored to customer requirements, further optimizing chip performance and power efficiency. Foundation IP serves as a key enabler of successful advanced process node designs.
Interface IP refers to standardized modules that enable high-speed data transmission between internal chip components and external devices. Common types include PCIe, USB, DDR, MIPI, and SerDes, which are widely used to connect various peripheral components in SoC designs. These IPs help simplify design workflows and shorten development timelines, making them essential technologies in modern SoC development. M31 collaborates closely with the world’s leading foundries and IC design companies, staying ahead of the curve by aligning with the latest protocol standards such as PCIe, USB4, and LPDDR5X. With comprehensive capabilities ranging from high-speed interface design to advanced process integration, M31 has successfully delivered Interface IPs on cutting-edge 2nm process platforms, demonstrating strong technical expertise and a leading position in the market.
Currently, approximately 80% of M31’s revenue comes from licensing fees, while the remaining 20% is derived from royalty income. Licensing fees cover the costs for customers’ use of existing IP as well as NRE (Non-Recurring Engineering) income from customized design services. Royalties are calculated based on wafer production volumes and unit prices, featuring recurring and steadily growing income. As the IP is adopted into mass production, royalty revenues continue to accumulate. M31 follows a technology-intensive IP licensing model characterized by high R&D investment, deferred cash flow, and high added value. Through early-stage technology development and validation, combined with long-term collaborations with foundries and IC design companies, we establish stable licensing and royalty revenue streams that drive sustainable operational growth.
Yes, M31 adopts a per-use licensing model for its IP. Since most of our offerings are Hard IPs—which have completed physical design and process validation—they can be directly embedded into specific process platforms and exhibit high process coupling and reliability. When customers intend to reuse the same IP across different products, platforms, or process nodes, it typically requires redesign integration and validation each time. Therefore, licensing fees are charged per actual usage scenario. This model helps ensure design quality while reflecting the true value of the IP and the services provided.
Our company adopts a prudent dividend policy, with a historical dividend payout ratio of approximately 70%. If you would like to learn more about earnings per share, cash dividends, and shareholder returns, please feel free to visit our Investor Relations page.
Our business operations are globally distributed, with core markets including North America, China, and Taiwan. We are also actively cultivating key semiconductor regions such as Japan, South Korea, and Europe to continuously expand our international market presence.
Our silicon IP products are widely applied in the design of high-performance and low-power semiconductor chips, serving diverse markets such as automotive electronics, artificial intelligence (AI), mobile and consumer electronics, industrial control, Internet of Things (IoT), and communication chips. Among these, the AI and automotive sectors have experienced the fastest growth in recent years, highlighting the high value and technical advantages of our products in advanced application scenarios.
The average cycle from licensing fee to royalty revenue is approximately two years, though the actual timeline may vary depending on product design schedules, process nodes, and the target application industry. This period typically includes chip design, verification, pilot production, and mass production stages. Once mass production is achieved, the IP begins to generate stable royalty income.
M31’s process technology deployment spans from 2nm to 180nm, covering both advanced and mature nodes. This demonstrates our strong technical completeness and exceptional flexibility. We have successfully entered the leading-edge 2nm node and continue to work closely with major global foundries to adopt and optimize advanced process platforms. These efforts ensure M31 maintains its technological competitiveness and sharp market foresight.