Dialog Semiconductor acquired 40% stake in Dyna Image, a wholly owned subsidiary of Lite-On Semiconductor. Dialog’s CEO, Jalal Bagherli, and the company’s Senior Vice President of Corporate Development, Mark Tyndall, to be part of five-member board of Dyna Image. ShunSin Technology Holdings Limited, a Foxconn subsidiary is also said to acquire a stake in Dyna Image.
Based in New Taipei City, Taiwan, Dyna Image design and manufacture 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 to support Dyna Image in development of sensors such as ambient light, proximity, colour and gesture sensors for smartphones, IoT and wearable devices.
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.”