Credo Technology Group Holding Ltd CRDO
CRDO is a technology company that operates primarily in the semiconductor and integrated circuit design sector. The company generates revenue through three main streams: product sales, product engineering services, and intellectual property (IP) licensing. Its business model involves designing and developing semiconductor products and solutions, which it then sells to customers, provides engineering services for, or licenses its proprietary technology. The company serves a concentrated customer base, with a significant portion of its revenue coming from a few major clients, as evidenced by Customer A representing 67% of revenue in the most recent fiscal year. CRDO maintains research, design, sales, and administrative operations across multiple locations including the United States, Mainland China, Taiwan, and Hong Kong, indicating a global operational footprint focused on technology development and commercialization.
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