Moschip inks pact with ESS

Moschip Semiconductor Technology Ltd has announced that it has established a long-term agreement with ESS Technology Inc, a leading supplier of silicon solutions for digital audio, video and imaging consumer electronics, to develop several intellectual property in the connectivity space over the next four years.

"In addition to demonstrating our expertise in chip design and IP development, collaboration with ESS will add new IP to our library," Ram Reddy, chairman and chief executive officer of MosChip Technology , said in a press release.