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

- 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 — (BUSINESS WIRE) — May 6, 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."


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/

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