Keysight Technologies Inc.’s RFPro Software Certified by Samsung Foundry for 8LPP Process, Revealing Revenue Decline and Competitor Comparison in Q3 2023 | CSIMarket News

Keysight Technologies Inc.’s RFPro Software Certified by Samsung Foundry for 8LPP Process, Revealing Revenue Decline and Competitor Comparison in Q3 2023

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Keysight Technologies Inc. has announced that its RFPro electromagnetic simulation software, a part of the Keysight EDA Advanced Design System (ADS) integrated tool suite, is now certified by Samsung Foundry for design engineers targeting its 8-nanometer (nm) Low Power Plus (LPP) process. This new EM simulation capability, along with process design kits (PDKs) for Samsung’s radio frequency (RF) technologies, will significantly benefit circuit and physical designers working with Samsung’s 8LPP process technology.

This certification highlights the trust and collaboration between Keysight Technologies Inc. and Samsung Foundry, as it enables design engineers to accurately simulate and optimize electromagnetic effects on RF circuits, ensuring high-performance designs for next-generation electronic devices. By obtaining certification from Samsung Foundry, Keysight Technologies Inc. demonstrates its commitment to providing cutting-edge design solutions that meet the stringent requirements of industry-leading semiconductor manufacturers.

Furthermore, Keysight Technologies Inc.’s recent financial results indicate a decrease in revenue for the third quarter of 2023 compared to the previous year. The revenue decline of -8.18% surpasses the overall decline of Keysight Technologies Inc.’s competitors, which recorded a decrease of -2.6% in the same quarter. Despite this decline, Keysight Technologies Inc. maintains a higher net margin of 12.91% compared to its competitors, demonstrating higher profitability.

In terms of net income, Keysight Technologies Inc. experienced a significant year-on-year decline of -42.81% in the third quarter of 2023. In contrast, most of its competitors observed a contraction in net income of -20.4%. These figures highlight the challenges faced by Keysight Technologies Inc. regarding net income, as it faces a steeper decline compared to its competitors.

Overall, the certification of the RFPro electromagnetic simulation software by Samsung Foundry represents a significant achievement for Keysight Technologies Inc. It strengthens their position as a trusted provider of design solutions for the semiconductor industry. However, the decline in revenue and net income in the third quarter raises concerns about the company’s financial performance. Despite this, Keysight Technologies Inc. maintains a higher profitability margin compared to its competitors, indicating the potential for future growth and recovery.

Source for this article: Based on Keysight Technologies inc ’s official statement
For details on how CSIMarket validates financial and corporate news, please review our Editorial Standards & Fact-Checking Policy .
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#ProductServiceNews, #NYSE, #competitors, #KEYS, #Keysight Technologies inc, #Electronic Instruments & Controls
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