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Thursday, 20 October 2016, 12:40 HKT/SGT

Source: Hua Hong Semiconductor
StarChip's Security IC Chip for Bank Card Based on HHGrace eNVM Process Acquires a CQM Certification from MasterCard

SHANGHAI, Oct 20, 2016 - (ACN Newswire) - Shanghai Huahong Grace Semiconductor Manufacturing Corporation ("HHGrace"), a wholly owned subsidiary of Hua Hong Semiconductor Limited (Stock code 1347.HK), a global leading pure-play 200mm wafer foundry and StarChip (a subsidiary of Safran Identity & Security), a dynamic semiconductor company which delivers digital connected solutions and services, today jointly announced that StarChip's SCB136I, a security IC chip for bank card developed and fabricated on HHGrace's high-reliability 110nm embedded non-volatile memory (eNVM) process platform, has acquired a Card Quality Management (CQM) certification from MasterCard. This marks the security IC chip for bank card designed by StarChip and manufactured by HHGrace has met the international standards in terms of quality, and management system.

The certification was granted by COnsulting CArds SOlutions (COCASO), a German consultant company. Founded in 2004, it has an extensive track record in Card Quality Management consulting and is recognized as an independent third-party accredited auditor of MasterCard International's CQM certification scheme.

CQM, a quality management process, ensures that MasterCard branded products comply with the highest quality standards across the entire design and production process. The certification proves that HHGrace's wafer manufacturing and testing process for security ICs fully complies with the stringent CQM requirements concerning production facility, process and quality management.

SCB136I is designed based on the world-leading 110nm eNVM process platform. Featuring low power and high reliability, the platform has few mask layers, which can effectively reduce unit chip cost and production cycle, providing flexible solutions that easily cater to varied market demands of security smart card chips and microcontrollers.

"Security and quality is an integral part of StarChip's DNA," said Lucien Brau, President and CEO of StarChip. "The CQM certification by MasterCard once again proves our highest quality and our commitment to delivering excellent and high secure hardware-based solutions. We will continue to work with HHGrace to develop a variety of innovative products to help customers address the increasing need for secure solutions."

"We are proud to become China's first foundry to fabricate CQM-certified IC chips, which demonstrates our constant pursuit to deliver the highest-quality IC chips for bank card," said Mr. Fan Heng, Executive Vice President of HHGrace. "As a global leading smart card IC foundry, we shipped 2.6 billion smart card IC chips in 2015, which included 2.1 billion SIM card IC chips accounting for approximately 40 percent of the global market share. We will continue to work with our customers on innovation of process technology, in the hope that China made high-quality, low-cost and secure IC chips for bank card could serve consumers worldwide."

Oct 20, 2016 12:40 HKT/SGT
Topic: Press release summary
Sectors: Semiconductors, Electronics, Daily Finance, Daily News
From the Asia Corporate News Network

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