A 2-tap low-swing voltage-mode transmitter which compensates the loss of channel at high frequency is proposed. The output driver of the proposed 2-tap transmitter consists of only two voltage-mode drivers, and thereby the design complexity of the pre-driver is greatly reduced compared with that of conventional 2 N -segmented voltage-mode drivers, where N is the number of equalisation control bits. The output impedance of each voltage-mode driver is adjusted not only to make the overall output impedance matched with the characteristic impedance of the channel, but also to achieve the desired equalisation coefficient by adopting the proposed calibration circuitry. With a high equalisation coefficient, the proposed output driver consumes less power compared with the hybrid voltage-mode driver with current-mode equalisation. The proposed transmitter is implemented using a 90 nm low-power CMOS process technology and achieves 0.79 pJ/bit without equalisation and 0.98 pJ/bit with 6 dB equalisation, at the data rate of 5 Gbit/s. Introduction: As the data rate required for chip-to-chip communications increases, the demand for a low-power (LP) serial link also increases to reduce the overall system power consumption. Among various components in the LP serial link, the output driver of the transmitter often consumes large power in order to drive the low-impedance channel with adequate signal swing [1]. Since the voltage-mode driver consumes only a quarter of power compared with the current-mode driver, it is frequently exploited in recent LP serial-link transmitters [2].For several giga-bit-per-second data transmissions, a transmitter equalisation is adopted to compensate the loss of channel at high frequency. A segmented output driver [3] has been conventionally used to implement the transmitter equalisation into the voltage-mode driver. For the equalisation with N-bit resolution, 2 N -segmented output drivers are required, resulting in an increase in the complexity and dynamic power consumption of the pre-driver and selection logics. The hybrid voltage-mode driver with current-mode equalisation [1] is used to eliminate 2 N -segmented output drivers, and thereby significantly reducing the complexity and power of the pre-driver. However, the hybrid driver requires a higher supply voltage to operate transistors of the current-mode equalisation branch in the saturation region. As the equalisation coefficient increases, the current flowing through the current-mode equalisation branch also increases, resulting in an increase in the power consumption of the output driver. In this Letter, we propose the voltage-mode output driver with the least segmented voltage-mode equalisation to reduce the complexity and power of the pre-driver. In addition, the proposed output driver consumes less power at a high equalisation coefficient.