Palmchip develops and licenses semiconductor IP (intellectual property) as complete SoC solutions or configurable subsystems. The company also develops and licenses embedded firmware and supplies design services.

Palmchip provides Verilog source code, target optimized netlists, synthesis scripts, test vectors, and complete documentation. Target markets include mass storage, wireless communications, consumer portables, networking, Internet security, and office automation.

Palmchip is privately held and has offices in San Jose, CA and Loveland, CO. The company is a member of the Virtual Socket Interface Alliance.