VeriSilicon, a major player in China's RISC-V ecosystem and also the country's largest chip design IP vendor, has on August 18 inaugerated its new R&D center in Shanghai. focusing on chiplet technology, autopilot software platform and IoT software platform. The company estimates its new R&D center - costing CNY130 million, to reach 500 employees within five years, with more than 90% of them being R&D personnel.