One of the benefits of using Semiconductor IP is that it allows for rapid development and integration of complex functionality into an SoC, reducing the time to market for new products. Additionally, the use of IP blocks from trusted vendors can help ensure that the resulting SoC is of high quality and reliability.
Another advantage of Semiconductor IP is that it can also provide a source of revenue for IP vendors, as well as for companies that have developed IP as part of their internal R&D efforts. By licensing their IP to other companies, these organizations can recoup some of their development costs and potentially generate additional revenue streams. However, there are also some challenges associated with using IP. For example, there may be compatibility issues between the IP and the technology process being used for the SoC. Additionally, there may be intellectual property issues if the IP being used has not been properly licensed or if the IP vendor does not have the rights to license the IP.
