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Excerpt: Luc "...And then we also have security IP and security is becoming pervasive in every semiconductor device, especially in the current environment a lot of customers are asking us to make sure that they can identify every piece of silicon that they use. They can trace every piece of silicon that they use, that the data moving between different parts of the system is secured. So that creates a lot of demand for security IP, but security IP goes into broader markets than simply data centers. It goes into IoT, 5G, automotive, defense type of application. So very narrow, but very specialized IP portfolio that is in high demand that's what we need.
With respect to the environment, this is a different business than the buffer chip, buffer chip, there are 3 customers in the world, they're large customers. ...we expect the growth next year to be more in the 5%, 10% range, 5% range.
So the much-vaunted RMBS chip security business has yet to pan out. I really missed the (ir)-relevance of the security market. RMBS IP in billions and billions of QCOM, etc chips forever. I thought it was going to be such a big deal. 5% growth on top of next to nothing and not even mentioned here in this forum in terms of its current size.