The 1G Unmanaged Ethernet Switch IP by System-On-Chip Engineering, S.L. is a semiconductor intellectual property product that functions as a 1 Gbps Ethernet switch. It falls under the categories of Interface Controller & PHY with a focus on IEEE1588 and Wireline Communication specifically for Ethernet applications. This IP is designed to aid in providing networking solutions that require fast and reliable Ethernet connectivity without the need for manual configuration.