[May 06, 2015] |
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Dialog Semiconductor Plc.: Dialog Semiconductor and Foxconn Technology Group's ShunSin Technology Intends to Establish Sensor Joint Venture with Dyna Image Taiwan, a Lite-On Group Subsidiary
Dialog Semiconductor (News - Alert) plc (FWB:DLG), a provider of highly integrated
power management, AC/DC power conversion, solid state lighting (SSL) and
Bluetooth(R) Smart wireless technology, today announced that it is to
purchase a 40% stake in Dyna Image, a wholly owned subsidiary of Lite-On
Semiconductor (TSE:5305), a member of Lite-On Group (TSE:2301), in a
deal that will close in June 2015. ShunSin Technology Holdings Limited
(TSE:6451), a Foxconn subsidiary, plan to also take an equity position
in Dyna Image. Dialog's CEO, Jalal Bagherli, and the company's Senior
Vice President of Corporate Development, Mark Tyndall, will join the
five-member board of Dyna Image.
Based in New Taipei City, Taiwan, Dyna Image was established as a
subsidiary of Lite-On Semiconductor in 2011. It specialises in the
design and manufacture of optical, inertia and environmental sensors for
consumer electronics applications and is already shipping optical
sensors in volume to the China market. Sean Li from Lite-On
Semiconductor will lead the joint venture spinout as its CEO.
Dialog Semiconductor will work closely with Dyna Image on the
development of sensors and sensor solutions for smartphones and IoT
applications, including those for wearable devices. These technologies
will initially include sensors for ambient light and proximity as well
as colour and gesture analysis. Dialog will build on its market-leading
position in power management, Bluetooth Smart technologies for consumer
electronics, and solid-state lighting for smart and connected home by
providing customers with more system-level solutions. The company will
also enhance the competitiveness of its offering by continuing to
leverage both Lite-On's manufacturing capabilities in Taiwan and the
strategic relationship with SST for advanced packaging that results from
the businesses' mutual investment in Dyna Image.
Commenting on the agreement, Dialog's CEO, Jalal Bagherli, said, "This
investment represents Dialog's first foray into the sensor market. We'll
become closely involved with technologies that complement our power
management, audio and Bluetooth expertise in smartphone, IoT and smart
lighting applications. It's another important step in our strategy to
gain market share in the fast growing Greater China smartphone and IoT
markets through innovative local business partnerships. We'll continue
to bring our customers best-in-class technology and help them integrate
it quickly and reliably into their designs to improve performance, cut
costs and reduce time-to-market."
Dyna Image CEO, Sean Li added, "I'm pleased to welcome the competencies
and expertise that Dialog will bring to our company. Dialog's
outstanding reputation for innovation in mixed-signal technology,
together with SST's advanced packaging solutions, will enhance our
position in the high growth consumer markets that we serve, particularly
among the leading smartphone and emerging IoT manufacturers."
- ENDS-
All trademarks and registered trademarks are the property of their
respective owners.
About Dialog Semiconductor
Dialog Semiconductor provides highly integrated standard (ASSP) and
custom (ASIC) mixed-signal integrated circuits (ICs), optimised for
Smartphone, Tablet, IoT, Solid State Lighting (SSL)and Smart Home
applications. Dialog brings decades of experience to the rapid
development of ICs while providing flexible and dynamic support,
world-class innovation and the assurance of dealing with an established
business partner. With world-class manufacturing partners, Dialog
operates a fabless business model and is a socially responsible employer
pursuing many programs to benefit the employees, community, other
stakeholders and the environment we operate in.
Dialog's power saving technologies including DC-DC configurable system
power management deliver high efficiency and enhance the consumer's user
experience by extending battery lifetime and enabling faster charging of
their portable devices. Its technology portfolio also includes audio,
Bluetooth(R) Smart, Rapid Charge(TM) AC/DC power conversion and
multi-touch.
Dialog Semiconductor plc is headquartered in London with a global sales,
R&D and marketing organisation. In 2014, it had approximately $1.16
billion in revenue and was one of the fastest growing European public
semiconductor companies. It currently has approximately 1,400 employees
worldwide. The company is listed on the Frankfurt (FWB: DLG) stock
exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a
member of the German TecDax index.
About Dyna Image Dyna Image (DI) is a fabless semiconductor company that
designs and markets an innovative range of optical sensors, inertia
sensors and integrated, multi-function sensors for consumer market
applications. The company, a subsidiary of Lite-On Semiconductor and a
member of the Lite-On Group, has support locations in Taiwan, China and
Korea. Its product development is focused on sensor solutions for mobile
devices including smartphones, tablets, wearables and other IoT
applications - the fastest growing consumer electronics sectors. Web: http://www.dyna-image.com/
About Lite-On Semiconductor Lite-On Semiconductor Corp (TSE: 5305) was
established in 1990, with headquarters located in Hsin Tien, New Taipei
City. The company's sales & production sites are located in Keelung,
Hsin Chu Science Park, Wuxi and Shanghai.
LSC is global #1 supplier of GPP Bridge. It designs, develops, packages,
tests and can integrate its Discrete and IC components into a wide
series of power management solutions. Its products or solutions can
enhance power efficiency and offers protection to switching power supply
and system power management of a wide series of end applications
including consumer electronics devices, household appliances, electronic
industrial tools, automobiles etc. Web: http://www.liteonsemi.com
About SST
ShunSinTechnoogy Holdings Limited (SST) is listed on the Taiwan Stock
Exchange (TSE:6451). The company was established in 2008 and posted
annual sales of NTD 5.38 billion in 2014. SST has factories located in
Zhongshan city of China and it has around 1,400 employees.
SST is the world-class provider of semiconductor assembly and test
services of System-in-Package modules. The products include radio
frequency power amplifier modules (RF PAM), WiFi (News - Alert) modules, thick-film
hybrid integrated circuits, solar photovoltaic concentrator modules,
optical transceiver modules, MEMS and optical sensors, which are used in
consumer devices including smartphones, tablets, and wearables, IoT,
data, green energy and biological products. Web: http://www.sst.com/
Language:
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English
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Company:
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Dialog Semiconductor Plc.
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Tower Bridge House, St. Katharine's Way
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E1W 1AA London
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United Kingdom
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Phone (News - Alert):
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+49 7021 805-412
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Fax:
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+49 7021 805-200
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E-mail:
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[email protected]
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Internet:
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www.dialog-semiconductor.com
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ISIN:
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GB0059822006, XS0757015606
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WKN:
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927200
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Indices:
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TecDAX
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Listed:
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Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Luxemburg
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