In this paper, we propose a reconfigurable load balanced symmetric TDM switch fabric. We fold this twostage switch to reduce 50% hardware complexity, and then implement a 3.65 mm×3.57 mm prototype switch fabric IC, including a digital 8×8 switch core, eight 16B20B CODECs, eight SERDES ports, eight CML I/O interfaces and a PLL, in 0.18 μm CMOS technology. The digital 8× 8 switch core has reconfigurable connection patterns for the ease of scaling up to an N×N switch (N is power of 4). We propose the 16B20B CODEC scheme to reduce the switch core clock rate by half. In the SERDES, we employ the half-rate scheme and then use static CMOS gates for the low power consumption. We develop a low power, areaefficient and wide-band CML I/O interface with our patented PMOS active load inductive-peaking scheme for high-speed data transmission. With the 16B20B CODEC, the half-rate, and the PMOS active load schemes, almost 50% of the power is saved as compared with the design of the 8B10B CODEC, the full-rate and on-chip inductors CML schemes. Our measurement shows that an 8×8 switch fabric IC can achieve 20 Gbps switching rate and consumes only about 690 mW power. A terabit switch fabric can then be constructed by cascading the designed switch ICs.