What is a fabless business model?
The fabless model describes a business that does not own its own silicon wafer manufacturing and production facilities (fabs). VIA is a fabless IC design house, so works closely with silicon foundries (fabs) and testing & assembly houses (who provide the services for testing & packaging dies with the necessary equipments) to produce the final IC products. As IC manufacturing processes become ever more complex and capital-intensive, the fabless model has grown in popularity as it allows the design house to show more flexibility and react more quickly to the market. VIA’s close partnership with leading foundries and testing and assembly houses are vital to the success of this model.