[Market Focus] Chips&Media Rises on News of IP Agreement with Japanese Automotive Semiconductor Company

Chips&Media is showing strong performance in early trading.

As of 9:03 a.m. on July 15, Chips&Media was trading at 19,700 won, up 9.02% (1,630 won) from the previous day.

Investor sentiment appears to have been boosted by news that Chips&Media has signed an intellectual property (IP) license agreement with a leading Japanese manufacturer of automotive and industrial semiconductors.

With this contract, Chips&Media has secured two out of the top three automotive semiconductor companies as clients.

Chips&Media specializes in video IP (design assets) and is attracting attention in the market as demand for in-vehicle cameras is rapidly increasing due to the advancement of the autonomous driving industry. Video processing technology plays a key role in processing sensor information. Based on this agreement, Chips&Media is expected to further strengthen its position in the automotive semiconductor sector’s camera image processing technology market.

Chips&Media aims to obtain ASIL-B certification, the functional safety international standard 'ISO 26262' for automotive semiconductors, by the first half of 2026.