Selected by US 'Frost & Sullivan'
Recognized for Excellence in Low-Power AI Semiconductors
Customer-Customized Solutions and Technology Expertise
DeepX, a domestic artificial intelligence (AI) fabless (semiconductor design company), announced on the 28th that it received the '2024 Company of the Year' award in the global AI semiconductor industry sector, hosted by the U.S. management consulting firm Frost & Sullivan.
Frost & Sullivan annually selects companies with innovation and growth potential to present this award. Early growth companies such as Tesla, Google, and MS have also received this award, making it a prestigious recognition in the industry.
DeepX was recognized for enhancing AI computation efficiency with low-power AI semiconductors and contributing to the industry-specific diffusion of AI technology. DeepX products provide high processing performance with low power consumption, strengthening the competitiveness of companies adopting AI technology.
Image of the '2024 Company of the Year' award in the Global AI Semiconductor Industry category presented by Frost & Sullivan [Photo by DeepX]
The Frost & Sullivan evaluation committee stated, "DeepX responds to market demands with customized AI semiconductor solutions. DeepX's low-power AI chips demonstrate strengths in energy efficiency, performance, and cost-effectiveness. This technological capability will meet the demand for edge AI computing solutions and expand the AI service market."
Frost & Sullivan prepared a corporate report based on company analysis and market research on DeepX. The report said, "DeepX focuses on providing customized solutions through early customer programs and shortens development periods through close collaboration with customers, leading to successful projects. The company has secured a competitive edge with technology that reduces power consumption while maintaining performance and is leading the market based on innovative technology development and leadership."
Kim Nokwon, CEO of DeepX, said, "This award is an important achievement showing that DeepX, headquartered in Korea, known as a barren land for system semiconductors, leads the global market with AI semiconductor technology and business strategy. Through continuous innovation and challenges, we will establish ourselves as a world-leading company in the on-device AI semiconductor field."
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