The semiconductor industry is vital to the functioning of the economy today. The industry has seen great growth and application in many fields within a few decades. Since the industry offers so much room for growth, there is strong competition among the players to come out on top. In such a setting, earning a position in the top 10 fastest-growing semiconductors companies is commendable, and Elevate Semiconductors has done it.
With a mission to serve semiconductor and system test customers, Elevate provides world-class test integrated circuits (ICs) that address the industry’s most complex ATE challenges. They aim to exceed customers’ expectations, now and well into the future. For this, they design the lowest power/highest density solutions to provide the lowest possible cost of testing.
Elevate is the world’s largest “PurePlay” ATE Semiconductor manufacturer today. The company offers long-term supply continuity in order to ensure product supply into the future. The distinct features of Elevate, such as the company’s financial strength to support the product life cycles and upsides, make it a better choice for partnerships.
Since 2020, the semiconductors industry has been marked with increased demand, supply chain disruptions, and numerous other eventful episodes. “We have been actively managing and monitoring the supply chain with our partners and I’m happy to report that we’ve been able to support over 98% of what has been thrown at us this year,” says David Kenyon, CEO of Elevate.
One certain thing about Elevate is that they know their way around ATE. The management team at the company has taken great care to keep the company above the competitors in terms of ATE experience. Innovation has been a key point of focus for the brand. When other players in the field exited the industry or pursued different avenues, Elevate was motivated to bring creativity into what they have always done. Elevate’s high-density pin electronics combine speed, flexibility, and the best economic value per channel in the market.
When it comes to semiconductors, Elevate is the choice for the largest test companies in the market, the world’s largest processor companies, and the up-and-coming firms bringing new, innovative chips to the market. As they are involved in discovering new industry applications and end-use markets, such as automotive, it completely changes the demands on test technology. Now, there is a requirement for much higher voltages, more flexible monitoring configurations, and multi-mode operation.
Across the globe and industries, there is a constant demand to stay one step ahead of the trend. There are successful brands that have yet to bring out any change in their chips, but Elevate is committed to making improvements and enhancements to its products. Building on the largest analog, mixed-signal IP portfolio in the industry, the team is obliged to meet the demands for custom silicon by the customers. This process ends gracefully, thanks to the flexibility of their business model.
They know that one of the most important things they offer their customers is a partnership of a solution provider, not just a semiconductor manufacturer. They aim to make relationships last for decades, and their customers are often development partners.
With a downturn predicted in 2023, those in the semiconductor industry need to up their game to stay on top. However, David Kenyon is optimistic about the upcoming year and states, “But honestly, the best is yet to come. We are on the path to make some exciting investments in next generation parts that will change the ATE industry – and we can’t wait to get started!” The world can only look forward to the innovations that Elevate is planning for.