Samsung Electronics Partners with Avnet ASIC Israel to Strengthen Customer Support at the Forefront of ASIC Design Services

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, and Avnet ASIC Israel Ltd. (AAI), a leading provider of ASIC and System on Chip (SoC) design solutions and turn-key design services, today announced a strong partnership in the fields of ASIC design and manufacturing services. This collaboration will allow customers to benefit from innovative ASIC design solutions implemented with most advanced process technologies and a wide portfolio of silicon-proven IPs. Last January, Samsung launched the Samsung Advanced Foundry Ecosystem (SAFETM) ensuring deep collaboration between Samsung Foundry, ecosystem partners, and customers to deliver competitive and robust SoC designs. As a Design Service Partner (DSP), AAI is participating in Samsung's SAFETM program and will closely collaborate with Samsung to provide dedicated and flexible technical solutions to meet variety needs from a wide range of customers. With AAI’s managing design activities and supply chain logistics, customers will benefit from easy access to most advanced process technology, competitive pricing, a variety of silicon proven IPs, and committed resources for their ASIC and SoC design success. “We are very excited to announce AAI as Samsung Foundry's Design Service Partner”, said Axel Fischer, vice president of EMEA Foundry Business at Samsung Semiconductor Europe. “As a Samsung's foundry ecosystem partner, AAI will benefit from access to our most advanced silicon technologies and extensive IP portfolio. Samsung's market leading silicon technology and manufacturing capacity combined with AAI's design expertise will help design teams of system, ASIC, fabless and start-up companies to accelerate the process of reliably bringing their innovations to market.” “AAI has been supporting the ASIC market community for more than 30 years with hundreds of first time successful projects by proposing our innovative design capability and flexible business models," said Nadav Ben-Ezer, Managing Director of Avnet ASIC Israel. "Leveraging our design-foundry partnership, customers can focus on their innovative ideas and achieve their design goals, while we help them to deliver a fully packaged, tested and verified device to the market smaller, faster, safer and ahead of their competitors." For more information about Samsung Foundry, please visit http://www.samsungfoundry.com For more information about Avnet ASIC Israel, please visit http://www.avnet-asic.com

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About Samsung Electronics Co., Ltd. Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions. For the latest news, please visit the Samsung Newsroom at http://news.samsung.com About Samsung Semiconductor Europe Samsung Semiconductor Europe, a wholly owned subsidiary of Samsung Electronics Co. Ltd., is headquartered in Eschborn near Frankfurt/Main, Germany and operates offices all over Europe, Middle East & Africa (EMEA). The European headquarter is handling the marketing and sales activities of Samsung Electronics' component business units including Memory, System LSI, Foundry, LED and Display business in EMEA. For more information, please visit www.samsung.com/semiconductor.

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For more information please contact: Ujeong Jahnke Samsung Semiconductor Europe GmbH Tel. +49(0)6196-66-3300 Email: ujeong.j@samsung.com

# # # Samsung and the stylized Samsung design are trademarks and service marks of Samsung Electronics Co., Ltd. Other trademarks are the property of their respective owners.

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About Avnet ASIC Avnet ASIC Israel Ltd. (AAI), a subsidiary of Avnet, is a leading full turn-key ASIC Design and Support Center, which provides complete ASIC and COT design service and manufacturing management for fabless design houses and electronic system companies wishing to develop advanced SoC devices. AAI partners with the world's leading foundries, IP vendors and assembly and test houses to provide customers with a wide range of ASIC solutions and flexible business models in advanced semiconductor and packaging technologies. AAI has supported existing and new customers for more than 30 years and its services have been employed successfully with start-ups, OEMs and international companies in hundreds of devices and a wide range of applications and market segments: Communications, Automotive, Consumer, Multimedia, Government, Industrial and others. About Avnet From idea to design and from prototype to production, Avnet supports customers at each stage of a product’s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at: www.avnet.com

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For more information please contact: Yulia Milshtein Avnet ASIC Ltd. Phone: +972-9-778-269 Email: Yulia.Milshtein@avnet.com