The Board of Directors of Key ASIC Berhad announced that Key ASIC recently had entered into contracts of chip design with contract value total to over MYR 28 million over 3 years period with S Company (Customer). Salient terms of the contracts: A total of 3 System on Chip (SoC) design wins and the chips will go into engineering production in the next 3 months and subsequently going into mass production. Key ASIC will deliver wafers and chips in the next 3 years.

These innovative chips are designed with Key ASIC's IPs and know-how.