Inova Semiconductors honored as "Digital Innovator 2024"

For the fourth time in a row, the trade magazine Chip and Globis rank the Munich-based semiconductor company one of the most innovative companies in Germany.

Munich, March 14, 2024 – Together with the experts from Globis Management Consulting, the renowned trade magazine Chip has conducted a comprehensive survey of digital innovations. The aim was to find companies and organizations that are particularly advancing the German economy with their innovations. Inova Semiconductors was recognized as a "Digital Innovator" for its innovative strength in the field of electronics for the fourth time in a row. "We are delighted to once again receive the award as one of the most innovative companies in Germany and to be recognized for our consistently high development achievements in the field of gigabit/s communication and the digitalization of light in the automotive sector," says Robert Isele, CEO of Inova Semiconductors. "This is further confirmation of the excellent work of our development team and impressively demonstrates the innovative strength and creativity of our company." In the Chip study, a company's patents and their relevance were used as a benchmark for its innovative strength. The study is limited to German applicants, with first-time patent applications from 2021 to 2022 forming the most important data basis. First filings and only patent classes belonging to the category of digital innovations were analyzed. Around 23,368 patents were registered in the period mentioned. Only these new patents were evaluated and included in the ranking. A total of around 1,600 German companies and organizations were involved. Of these, 318 companies from over a dozen sectors were identified and recognized as digital innovators. The complete study is published on the website of the magazine Chip at chip.de.

About Inova Semiconductors Inova Semiconductors GmbH is a fabless semiconductor manufacturer headquartered in Munich, Germany. The company was founded in 1999 and specializes in high-performance products for serial data communication with gigabit/s data rates. The third generation of APIX (Automotive Pixel Link) products has already been shipped over 190 million times. Inova introduced ISELED – the "Digital LED" – in 2016 and has already produced over 250 million chips. This was followed in 2020 by ILaS, the "ISELED Light and Sensor Network", which is due to go into series production in vehicles from 2025. In November 2022, the company presented ADXpress (Automotive Data Express), a completely new high-speed data transmission system for all types of data in vehicles. Inova's semiconductor products are produced by leading foundries in Asia and marketed through a global distribution network. Inova was honored with several awards in 2023 for its outstanding innovation, growth and as an attractive employer. Further information at: https://inova-semiconductors.de All trademarks and registered trademarks are the property of their respective owners.