DGAP-News: Dialog Semiconductor Plc. / Key word(s): Joint
Venture/Miscellaneous
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
06.05.2015 / 09:00
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- Strategic partnership to accelerate Dialog's entrance to China's
fast-growing consumer markets
- Advanced sensor capability to provide increased system content for
smartphones, wearables and smart digital lighting devices
- Dialog CEO Jalal Bagherli and SVP Mark Tyndall to join Dyna Image Board
of Directors and Sean Li to lead joint venture as CEO
- Foxconn Technology Group's ShunSin Technology Holdings Limited (SST)
intends to be the third strategic partner in Dyna Image entity
London UK, 06 May 2015 - Dialog Semiconductor 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.
Company Contact:
Lauren Ofstedahl
Dialog Semiconductor
Phone: +1 (408) 845 8518
lauren.ofstedahl@diasemi.com
Web: www.dialog-semiconductor.com
Twitter: @DialogSemi
Sina Weibo: www.weibo.com/dialogsemi
Media Contact:
Bob Jones
Publitek
Phone: +44 (0) 1225 470000
bob.jones@publitek.com
Web: www.publitek.com
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 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/
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Language: English
Company: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
United Kingdom
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail: jose.cano@diasemi.com
Internet: www.dialog-semiconductor.com
ISIN: GB0059822006, XS0757015606
WKN: 927200
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Luxemburg
End of News DGAP News-Service
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353457 06.05.2015
DGAP-News: 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
| Source: EQS Group AG