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Microip expands into North America, eyes growth in agriculture and defense tech

Microip, a provider of custom ASIC and AI software design services, has established a new business team in North America to tap into the growing demand for edge artificial intelligence. The company aims to expand its presence in sectors such as agriculture, aquaculture, and livestock management, while also targeting emerging opportunities in maritime logistics and defense-related unmanned systems. Microip projects more than 40% revenue growth in the North American market by 2026.