Founded in the mid-eighties of the last century, MIPS has until now offered to license its processor architecture to its clients, similar to Arm, but this week it decided to change its strategic development vector. The company will develop its own processors and focus on the robotics segment.
Image source: MIPS
This was reported by Reuters, citing statements by MIPS CEO Sameer Wasson. According to him, MIPS currently considers three areas of activity to be the most promising segments in the robotics components market: sensors, high-level control electronics, and components for controlling robot actuators. According to MIPS management, the company will begin to test its strength in its new status in the automotive automation market. By the end of 2027, it will offer the corresponding chips, and by 2028, it will launch their mass deliveries.
MIPS will not refuse to license its own developments, and it is not in danger of becoming an “overnight silicon company,” as the head of the processor architecture developer admits. Note that MIPS architectural solutions have long been used by the Israeli Mobileye, which supplies millions of cars with its active driver assistance systems annually and is a subsidiary of Intel. According to MIPS management, success in equipping robots with artificial intelligence technologies makes the company believe in the prospects of the chosen strategy. It is not a fact that MIPS’s own chips will take up a significant share of the market, but the company believes that a working processor is a better factor in attracting customers than a PowerPoint presentation.