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Dialog Semiconductor and Richtek Technology Corporation form partnership for China smartphone and tablet market
Partnership focuses on development and commercialisation of cost-effective, innovative Power Management IC (PMIC) solutions for the China market
"Dialog's highly integrated power management technologies dovetail well with Richtek's substantial product portfolio and channel strength in Asia," said Dr. Luke Hsieh, Richtek's President and CEO. "This partnership will enable our two companies to develop industry-leading, attractively priced products for the rapidly growing consumer electronics market in China."
"We welcome Richtek as a partner," said Dr. Jalal Bagherli, CEO at Dialog Semiconductor. "The complementary nature of our solutions will position both companies at the forefront of the industry in terms of integration, performance and time to market. With more than 500 million smartphones projected to be manufactured by local manufacturers in China in 2014, the partnership represents an excellent growth opportunity for both companies" added Bagherli.
Richtek Technology Corporation
Richtek Technology Corporation is one of the world's leading analog IC companies. The company consistently delivers inventive power management solutions that improve the performance of consumer electronics, computers, and communications equipment. Richtek adds value to end equipment by synthesizing technological innovation, uncompromised quality, and devotion to customer service. Founded in 1998, the Company is headquartered in Taiwan with additional offices in Asia, the U.S., and Europe. Richtek is publicly traded on the Taiwan Stock Exchange under the ticker symbol 6286. For more information about Richtek and its analog IC solutions, please visit the Company's Web site at www.richtek.com.
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