Company at a glance
Scale
Revenue up 35% since FY2023
Growth prospects
Expanding customer base and product roadmap
CNY 3.60B revenueChina competition
Competes with Alibaba T-Head, Nuclei, 芯原, 芯来科技 in IP cores — peers listed at sector level.
SubstituteGlobal comparables
Global reference set: Arm, Synopsys IP, Cadence IP.
Arm, Synopsys, and Cadence for IP/platform breadth.Technical gap
Sector rated substitute vs the frontier.
Obstacles
Sector bottleneck applies
High-performance CPU IP, interface IP, verification, ecosystem trust, and global licensing constraints.Official filings: static.sse.com.cn ↗ · static.sse.com.cn ↗ · static.sse.com.cn ↗ · static.sse.com.cn ↗
All sourced facts (10)
- Headquarters: Shanghai.
- Revenue / scale: CNY 3.60B revenue
- Listing status: Shanghai Stock Exchange STAR Market (科创板) · 688521 · A-share (芯原股份)
- Public listing: Shanghai STAR Market listing, ticker 688521.
- Company age marker: Founded in 2001, with the exact operating-company boundary to verify against filings.
- Vivante acquisition: Acquired Vivante GPU IP in 2015.
- Business category: Semiconductor IP licensing, chip design services, and custom silicon platform work.
- IP portfolio signal: Important blocks to track include GPU, NPU, VPU, DSP, ISP/display, and other multimedia/edge-compute IP families.
- Entity boundary: Track VeriSilicon parent separately from Vivante GPU IP; Vivante is an IP asset under VeriSilicon, not a separate China fab.
- Adoption signal: Vivante public background references at least 15 GPU licensees and 20 embedded designs as of 2009; update with VeriSilicon-specific current shipped-SoC data when filings are parsed.
About
SiPaaS-style model: licenses processor and multimedia IP, earns design-service/NRE revenue, and helps customers turn SoC concepts into silicon through foundry and packaging partners. Revenue mix should be split between IP licensing/royalty, design services, and turnkey chip programs when filings are parsed.
Shanghai · Ticker 688521
Why it matters
VeriSilicon matters because ecosystem strength is not only fabs and chip brands. China also needs reusable IP blocks, custom-chip design execution, and foundry interface capability; VeriSilicon sits in that connective layer.
Where it sits in the stack
Key semiconductor products
- NPU / AI acceleration IP for edge and embedded SoCs.
- Foundry-interface and packaging coordination for customers that need silicon execution rather than only IP.
- Vivante GPU/Vision/IoT IP
- ZSP DSP IP
- Hantro video codec IP
- mixed-signal IP library
- chip design services
- volume-production services
Financials
688521.SS · Shanghai STAR Market 688521 · via Yahoo Finance ↗
Financial trajectory via annual filings via Yahoo Finance
RMB billionsMarket data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.
Ecosystem
Partners
- VeriSilicon
Customers / end markets
- VeriSilicon (芯原股份)
- End markets likely include consumer electronics, automotive, IoT, edge AI, display, and multimedia SoCs; named customer claims should be confirmed before graphing relationships as high-confidence
- Relationship graph role: ecosystem/design partner, IP supplier, and foundry interface node
Global peer set
- Arm, Synopsys, and Cadence for IP/platform breadth
- Imagination, CEVA, and Rambus for specific graphics, DSP, and interface-IP comparisons
Competitive position
- China position: Near frontier / Substitute in selected embedded IP and design services; unclear in high-end CPU/GPU IP compared with Arm, Synopsys, Cadence, Imagination, and CEVA.
- Global reference companies: Arm, Synopsys, Cadence, Imagination Technologies, CEVA, and Rambus depending on the IP category.
- Strength metric: number of shipped customer SoCs, recurring royalty revenue, foundry process-node support, and named design wins are better indicators than a generic company profile.
- Volume delivery depends on external foundry capacity and advanced-node access; named foundry partner GlobalFoundries, with additional partners unspecified.
- Global comparables: Arm, Synopsys, and Cadence for IP/platform breadth.
- Global comparables: Imagination, CEVA, and Rambus for specific graphics, DSP, and interface-IP comparisons.
- VeriSilicon's constraint is not wafer capacity; it is dependence on foundry nodes, EDA access, IP competitiveness, customer tape-outs, and export-control risk around advanced design flows.
- The loop should distinguish announced IP support from silicon-proven, customer-shipped products.
Recent activity
- Reported—Collaboration with GlobalFoundries on next-generation IoT/networking silicon solution [via verisilicon.com]
Milestones and signals
- 2024—Funding / Valuation: 499,911,232 total shares
- 2026-10-04—Market cap: RMB 90.3B
- FY2025—Revenue: RMB 3.2B
- FY2025—Net Profit: RMB -528M
- Listing—Shanghai Stock Exchange STAR Market (科创板) · 688521 · A-share (芯原股份)
What to watch
- Coverage of the IP portfolio across GPU, NPU, VPU, DSP, and ISP families.
- Revenue mix between IP licensing and royalties, design services, and NRE.
- Which foundry partners and process nodes VeriSilicon's design flows support.
- Concentration among top customer accounts.
Questions
Last reviewed 2026-07-01Answered questions
Which IP families generate recurring royalties versus one-off design-service revenue?
China position: Near frontier / Substitute in selected embedded IP and design services; unclear in high-end CPU/GPU IP compared with Arm, Synopsys, Cadence, Imagination, and CEVA.
Which foundry nodes are silicon-proven in customer projects?
Named exposure so far: End markets likely include consumer electronics, automotive, IoT, edge AI, display, and multimedia SoCs; named customer claims should be disclosed before graphing relationships as high-confidence, ecosystem/design partner, IP supplier, and foundry interface node, and VeriSilicon (芯原股份).
Open questions
- Which named customers are public design wins rather than announced partnerships?