"Germany's Innovation Leader 2024" – F.A.Z.-Institut awards Inova Semiconductors as industry winner in the category "Electronic Component Manufacturers"

Munich-based semiconductor company honored as innovation leader in Germany for the fourth time in a row.

Munich, April 02, 2024 – The F.A.Z.-Institut – a subsidiary of the Frankfurter Allgemeine Zeitung – has awarded Inova Semiconductors 100 out of 100 possible points in its current study ‘Germany's Innovation Leader 2024’ as the industry winner in the category ‘Electronic Component Manufacturers’. As in 2021, 2022 and 2023, the Munich-based semiconductor company is once again among the top group of the most innovative companies in Germany this year. The study, conducted by the IMWF Institute for Management and Economic Research on behalf of the F.A.Z.-Institut, provides an up-to-date and comprehensive overview of those companies that simultaneously demonstrate outstanding corporate performance and an above-average reputation in the field of innovation. The ‘Germany's Innovation Leader 2024’ award was presented to companies that perform exceptionally well in both areas. The points are calculated on an industry-specific basis on a scale of 0 to 100 points. The industry winner receives 100 points and thus sets the benchmark for all other companies surveyed. "We are very proud that the F.A.Z.-Institut has recognized us as the industry winner in the ‘Electronic Component Manufacturers’ category in the recent ‘Germany's Innovation Leader 2024’ study," says Robert Isele, CEO of Inova Semiconductors. "The repeated recognition by the F.A.Z.-Institut reinforces Inova Semiconductors' commitment to excellence and continuous innovation. We will continue to develop leading-edge solutions to meet the challenges of an ever-evolving industry and the needs of our customers." The study has been published online at www.faz.net/asv/deutschlands-innovationsfuehrer/ The ranking can be found at the following address: https://servicevalue.de/rankings/elektronische-bauteilehersteller-19/

About Inova Semiconductors Inova Semiconductors GmbH is a fabless semiconductor manufacturer headquartered in Munich, Germany. The company was founded in 1999 and specializes in high-performance products for serial data communication with gigabit/s data rates. The third generation of APIX (Automotive Pixel Link) products has already been shipped over 190 million times. Inova introduced ISELED – the "Digital LED" – in 2016 and has already produced over 250 million chips. This was followed in 2020 by ILaS, the "ISELED Light and Sensor Network", which is due to go into series production in vehicles from 2025. In November 2022, the company presented ADXpress (Automotive Data Express), a completely new high-speed data transmission system for all types of data in vehicles. Inova's semiconductor products are produced by leading foundries in Asia and marketed through a global distribution network. Inova was honored with several awards in 2023 for its outstanding innovation, growth and as an attractive employer. Further information at: https://inova-semiconductors.de All trademarks and registered trademarks are the property of their respective owners.