Novatek Adopts CEVA's Latest Sensor Hub DSP for New Multi-sensor IP Camera SoC

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ROCKVILLE, Md., Dec. 5, 2022 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and co-creation solutions today announced that Novatek Microelelctonics Corp, a leading fabless chip design company, has licensed and deployed the SP500 DSP from CEVA's SensPro2 Sensor Hub DSP architecture family in its newest generation NT98530 multi-sensor IP Camera SoC targeting surveillance, retail, smart city, transportation and more. Novatek was ranked No.2 in Taiwan and No. 6 in the world by fabless chip design house revenue in 2021, and specializes in smart display and smart image total solutions, ranging from full line of display ICs and SoC for all types of display and image applications. To date, Novatek has shipped more than 1 billion SoCs worldwide.