System on Chip (SoC) is a semiconductor technology that integrates multiple components onto one single chip. It combines the functionality of several integrated circuits into a single component, allowing for increased power efficiency and reduced costs. SoCs are used in many different applications such as mobile phones, digital cameras, gaming consoles and other consumer electronics devices.

The main benefits of using an SoC are its small size and low power consumption compared to traditional multi-chip systems which require more space to accommodate all the separate components. This makes it ideal for portable devices where size is important or when battery life needs to be maximized through efficient energy management techniques like dynamic voltage scaling (DVS).

Additionally, by integrating multiple functions onto one piece of silicon it reduces manufacturing costs since fewer parts need to be purchased separately from different vendors or manufacturers during assembly process; thus resulting in higher profits margins for device makers who use them in their products.

Finally, because most modern day SoCs contain powerful processors with advanced features such as graphics processing units (GPUs), they can provide users with faster performance than what was previously possible with discrete chipsets alone; making them even more attractive options when designing new electronic gadgets or upgrading existing ones without having too much impact on overall cost structure associated with product development cycle timeframes/costs involved therein – something that’s especially beneficial these days given how competitive markets have become due largely thanks advancements made within this field over years gone past!

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