UPDATED. 2024-06-20 07:03 (목)
Nextchip to begin production of ADAS chip Apache6 within year
Nextchip to begin production of ADAS chip Apache6 within year
  • JY Han
  • 승인 2024.05.22 08:16
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To start with single-run production
CEO Kim expects US$200 million in revenue
Nextchip CEO Kyoungsoo Kim Image: TheElec
Nextchip CEO Kyoungsoo Kim Image: TheElec

Nextchip is expected to begin production of its advanced driver assistance system (ADAS) chip Apache6 within the year, company CEO Kyoungsoo Kim told TheElec in an interview.

The chip will be made using Samsung Foundry’s 14-nanometer node for a single-run production at the start, Kim said.

This means Nextchip’s multi-project wafer for the chips has already passed the first evaluation of its potential customer.

Kim said once the chips that were made in single-run production also pass its customer’s evaluation, they will decide on whether to place an order for mass production.

The CEO said if successful, Nextchip is expecting an annual revenue of US$200 million from Apache6 sales alone.

The customer will likely decide on mass production next year at the earliest, so the chip’s sales performance will be reflected on Nextchip’s ADAS chip earnings likely in 2026.

Kim told TheElec that Nextchip was unconcerned with rivals. A competitor’s product didn’t support multi-channel so it was weak in viewing technology, he said. Another competitor’s support multi-channel but was expensive. Nextchip’s Apache6 had none of its two competitors’ weaknesses but all the advantages, Kim claimed.

Apache6 supports up to eight channels for camera inputs to offer a surround view, Kim said. It also has an interface that can sync with various autonomous driving sensors such as radar and lidar. It also has a neural processing unit to support deep learning-based cognition as well as Arm’s Coretex-A65AE core CPU and Mali-G78AE GPU. It also has self-location tracking and route tracking using VSLAM.

CEO Kim said Nextchip is expected to post 30 billion won in revenue this year and 60 billion won in the following year. This expansion was from increased sales of image signal processors (ISP) and analog HD chips, he said. ISP currently accounts for 70% of its revenue.

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