SkyeChip
SkyeChip is a Penang-based fabless IC design company founded in 2019 that licenses semiconductor IP and delivers custom ASIC design for AI, HPC, and autonomous vehicle customers across Asia-Pacific and North America, and also sells its own MARS1000 Edge AI processor.
- Company typePublic
- Founded2019
- HeadquartersBayan Lepas, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What SkyeChip does
SkyeChip Bhd is a Penang-based fabless integrated circuit design company founded in 2019, specializing in semiconductor intellectual property (silicon IP) and custom ASIC design for AI, high-performance computing, and autonomous vehicle applications. Its product portfolio spans a proprietary silicon IP catalog (memory IP including HBM3E and forthcoming HBM4 designs, Network-on-Chip IP, and 2.5D/3D chiplet technology), custom ASIC design services, and its own MARS1000 Edge AI processor — Malaysia's first domestically developed Edge AI chip, launched in 2025. The firm backs this portfolio with 36 registered patents and over 100 patent applications across Malaysia, China, and the US, plus 318+ IC designers.
SkyeChip operates a platform-plus-products model, monetizing through a mix of silicon IP licensing and royalties, one-time ASIC design service fees, and hardware product sales. It sells directly to enterprise customers across Asia-Pacific and North America, targeting AI chip developers, data center operators, and HPC platforms, and is a founding member of the Malaysia Advanced Packaging Consortium (MAPC), which has government backing to capture 7% of the global advanced packaging market by 2035.
In May 2026 the company listed on Bursa Malaysia's Main Market, raising RM352M (~USD88M) at a market capitalization of RM4.7B (~USD1.1B), with shares surging nearly fourfold on debut and retail tranche oversubscribed 95x. FY2025 revenue was RM119.5M (up 105% over two years) with a 30.1% net profit margin, supported by an RM130.3M unbilled order book. The firm has secured access to Arm Holdings' Compute Subsystem platform under Malaysia's RM1.1B 'Silicon Vision' initiative, with RM82M of IPO proceeds earmarked for Arm-based high-performance product development and planned geographic expansion into the US, Taiwan, and Singapore.
SkyeChip firmographics
Firmographics- Name
- SkyeChip
- Legal name
- SkyeChip Bhd
- Website
- https://skyechip.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Ipo
- Headcount range
- 11–50 employees
- Short description
- SkyeChip is a Penang-based fabless IC design company founded in 2019 that licenses semiconductor IP and delivers custom ASIC design for AI, HPC, and autonomous vehicle customers across Asia-Pacific and North America, and also sells its own MARS1000 Edge AI processor.
- Ownership category
- akta.pro rank
SkyeChip industry classification
Industry- Product category
- Semiconductor IP and Custom ASIC Design
- NAICS
- Semiconductor and Related Device Manufacturing (334413)
- SIC
- Electronic Computers (3571)
- akta.pro primary industry
- Custom & Application-Specific ASIC Design Services (HDAHABAJ)
- akta.pro secondary industries
- Security & Trusted Hardware ICs (Secure Element/TPM/Crypto) (HDAHABAF), Hardware/Chip Design IP Cores (Processor, Interface, Analog, Security) (HDAHAFAF), Design Services & ASIC/SoC Implementation (EDA-Adjacent) (HDAHAFAL), Advanced SoCs & Application Processors (HDAHAAAB)
Keywords
Where SkyeChip is headquartered
LocationHeadquarters
- HQ city
- Bayan Lepas
- HQ country
- Malaysia
- HQ region
- Asia
Offices5 records
Markets served
SkyeChip business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Supply Chain
Revenue model
- Semiconductor IP Licensing: Licensing of proprietary silicon intellectual property to semiconductor manufacturers and fabless companies. Revenue from IP has shown strong growth with 530% surge from FY2023 to FY2025.
- Custom ASIC Design Services: Custom application-specific integrated circuit (ASIC) design services for AI, HPC, and autonomous vehicle applications. The company focuses on semiconductor IP and custom chip design serving customers across Asia-Pacific and North America.
- Product Sales: Sale of proprietary chip products including the MARS1000 Edge AI processor and HBM3E chips designed in-house
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
SkyeChip product offering
Product offeringCore offering
SkyeChip designs and licenses proprietary semiconductor intellectual property (silicon IP) and delivers custom application-specific integrated circuit (ASIC) design services for AI, high-performance computing, and autonomous vehicle applications. The company also develops and sells its own chip products, including the MARS1000 Edge AI processor (Malaysia's first domestically developed Edge AI processor) and high-bandwidth memory chip designs, operating a fabless model serving enterprise customers across Asia-Pacific and North America.
Product overview
SkyeChip is a Penang-based fabless integrated circuit design company specializing in semiconductor intellectual property (IP) and custom chip design for AI and high-performance computing applications. The company operates a platform-plus-products model, offering its proprietary silicon IP portfolio alongside custom ASIC design services, while also developing its own Edge AI processor (MARS1000). SkyeChip serves customers across Asia-Pacific and North America, focusing on advanced chip technologies including HBM memory, chiplet architectures, and AI silicon products using Arm Compute Subsystem platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- MARS1000 Edge AI Processor
- Semiconductor IP Portfolio
- High Bandwidth Memory (HBM) Chip Design
- AI Silicon Products
Quantifiable outcome
- Memory IP revenue grew 530% from FY2023 to FY2025
- +4 more outcomes
Companies that use SkyeChip
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
SkyeChip technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
SkyeChip partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and major.
- Arm HoldingscoreSkyeChip secured access to Arm Holdings' Compute Subsystem (CSS) platform as part of a government-backed RM1.1 billion deal. The company plans to allocate RM82 million of IPO proceeds toward developing high-performance products using the Arm CSS platform under Malaysia's 'Silicon Vision' initiative.
- Malaysia Advanced Packaging Consortium (MAPC)coreSkyeChip Bhd joined Inari Technology, FusionAP, Pentamaster Instrumentation, and NSW Automation to form the Malaysia Advanced Packaging Consortium (MAPC) at SEMICON Southeast Asia 2026. The government provided RM92 million in R&D grants with additional RM93.8 million industry matching contributions totaling RM185.8 million over 24 months. SkyeChip leads high bandwidth memory chip design and 2.5D/3D chiplet technology development targeting 7% of global advanced packaging market by 2035.
- Inari AmertronmajorOne of five local Malaysian companies in the Malaysia Advanced Packaging Consortium (MAPC) formalised at SEMICON Southeast Asia 2026, aiming to develop Malaysia's first advanced semiconductor packaging capability.
- PentamastermajorOne of five local Malaysian companies in the Malaysia Advanced Packaging Consortium (MAPC), focusing on test equipment and precision systems for advanced packaging.
- NSW AutomationmajorOne of five local Malaysian companies in the Malaysia Advanced Packaging Consortium (MAPC), focusing on precision liquid dispensing systems and automation.
- FusionAPmajorOne of five local Malaysian companies in the Malaysia Advanced Packaging Consortium (MAPC), focusing on advanced packaging assembly and IP technology transfer.
- InvestPenangcorePenang's state government through InvestPenang agency opened a Shared Lab for IC Design Validation & Characterisation under the PSD@5KM+ initiative, supporting SkyeChip and other IC design companies. The initiative expanded Penang's IC design companies from 25 to over 50 and created more than 9,500 high-value jobs.
- Penang State GovernmentcorePenang state government supported the IC design ecosystem through the Shared Lab for IC Design Validation & Characterisation, expanding from 25 to over 50 IC design companies and creating 9,500+ high-value jobs in semiconductor design and development.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
SkyeChip competitors and assessment
Company assessmentDirect peers
- Marvell Technology: US-headquartered fabless designer of custom ASICs and data center silicon. Closely comparable to SkyeChip in serving custom AI/HPC and networking silicon customers, though at substantially larger scale.
- Alphawave IP: Fabless supplier of high-speed connectivity silicon IP and chiplet-enabled silicon. Closely comparable to SkyeChip's IP-licensing-plus-custom-silicon model for AI/HPC infrastructure.
- VeriSilicon: China-based fabless semiconductor IP and custom ASIC design house. Closely comparable to SkyeChip's silicon IP licensing plus custom ASIC services model, especially in HBM/memory and chiplet IP.
- Astera Labs: US fabless designer of connectivity and memory-focused ICs for AI cloud infrastructure. Comparable product overlap (HBM/chiplet connectivity) and similar fabless IP-plus-silicon model serving hyperscalers.
Broad incumbents
- Broadcom: Dominant custom ASIC supplier (e.g., Google's TPU) with broad semiconductor portfolio. Comparable as the entrenched incumbent in custom AI silicon that SkyeChip competes against for design wins.
- Synopsys: Global EDA and semiconductor IP leader. Comparable as incumbent supplier of chip design IP cores and ASIC implementation tools that SkyeChip both competes with and depends on.
- Cadence Design Systems: EDA and silicon IP provider. Comparable as incumbent in chip design IP and ASIC/SoC implementation services where SkyeChip is building a competing Malaysian-based capability.
- Arm Holdings: Dominant CPU/processor IP licensor. Comparable as the upstream platform partner whose CSS SkyeChip builds on, and the broader benchmark for fabless IP licensing economics.
- MediaTek: Asia-based fabless designer of advanced SoCs and custom ASICs for AI, HPC, and edge applications. Comparable as a large Asia-headquartered custom silicon designer competing for the same customers.
Regional players
- Realtek Semiconductor: Taiwan-based fabless IC designer with broad connectivity and multimedia IP portfolio. Comparable as an Asia-headquartered fabless firm monetizing silicon IP across multiple end markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
SkyeChip social profiles
Digital presenceSkyeChip financial estimates
Financial estimateRevenue estimate
Valuation estimate
SkyeChip leadership team
Management profileNumber of profiles
Profiles1 record
SkyeChip funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SkyeChip M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SkyeChip
What does SkyeChip do?
SkyeChip designs and licenses proprietary semiconductor intellectual property (silicon IP) and delivers custom application-specific integrated circuit (ASIC) design services for AI, high-performance computing, and autonomous vehicle applications. The company also develops and sells its own chip products, including the MARS1000 Edge AI processor (Malaysia's first domestically developed Edge AI processor) and high-bandwidth memory chip designs, operating a fabless model serving enterprise customers across Asia-Pacific and North America.
Is SkyeChip a public or private company?
SkyeChip is a public company. It is classified as public and is currently ipo.
When was SkyeChip founded?
SkyeChip was founded in 2019. It employs 11 to 50 people.
Where is SkyeChip based?
SkyeChip is headquartered in Bayan Lepas, Malaysia, in the Asia region.
How does SkyeChip make money?
Three revenue lines are on record. Semiconductor IP Licensing is the primary driver. The others are custom ASIC Design Services and product Sales.
Who are SkyeChip's main competitors?
Direct peers on record are Marvell Technology, Alphawave IP, VeriSilicon and Astera Labs. Broad incumbents are Broadcom, Synopsys, Cadence Design Systems, Arm Holdings and MediaTek. Realtek Semiconductor is listed as a regional player.
Does SkyeChip have an API?
No public API is recorded for SkyeChip.
What industry is SkyeChip in?
SkyeChip's product category is Semiconductor IP and Custom ASIC Design. Its primary akta.pro industry code is HDAHABAJ, Custom & Application-Specific ASIC Design Services, with a secondary code of HDAHABAF, Security & Trusted Hardware ICs (Secure Element/TPM/Crypto). Its NAICS code is 334413 and its SIC code is 3571.