Cypress Semiconductor (NASDAQ: CY) is a strategic technology partner of Enovix. Cypress institutionalized an approach to assist technology-based startups. The results are exemplified by SunPower, a former subsidiary that Cypress helped pioneer modern low-cost, high-volume solar cell production. We have adopted similar operation and production processes to decrease costs and reduce risks.
Intel Corporation (NASDAQ: INTC) is the world’s leading producer of advanced semiconductors and the largest global developer of sophisticated platforms for microelectronic production. Its engineers worked closely with us to employ a modern hi-tech production process. These are critical skills that would be extremely difficult for a startup to acquire in a timely manner without a partnership of this magnitude.
Qualcomm (NASDAQ: QCOM) is a leader in the design and production of chipsets for global wireless telecommunications and a leading patent holder in advanced mobile technologies. Today, Qualcomm’s Snapdragon™ Wear chips are used in over 100 wearable devices, including over 80% of Android Wear watches. Qualcomm provides us with a conduit into the mobile market and intelligence on global standards for mobile chipsets and devices.
“What Enovix is doing is difficult. They’ve made repeated breakthroughs in material science. And the breakthroughs are fundamental. They’re about making something work that has never worked before anywhere in the world.” – T.J. Rodgers, former Cypress CEO
“The Enovix mission to improve battery performance complements Intel’s focus on the development and production of low-power chips. This investment will contribute to continued innovation and improved performance of mobile and IoT devices” – Steve Megli, Vice President of the Strategic Decisions Group at Intel Corporation
“Improved battery performance is not only critical for consumers, but also essential for designers to continue creating innovative mobile device features and capabilities. Enovix is solving the problem with a modern approach.” – Quinn Li, Vice President and Global Head of Qualcomm Ventures