Announcement from SII Semiconductor Corporation: Change of Company Name
SII Semiconductor was established in September 2015. Through a joint investment by Development Bank of Japan Inc. (President & CEO: Masanori Yanagi, Head Office: Chiyoda-ku, Tokyo; hereinafter “DBJ”) in January 2016, SII Semiconductor has deployed and expanded its business by succeeding the SII’s semiconductor business. Currently the equity of SII Semiconductor is split to 60% for SII and 40% for DBJ, but SII will transfer its 30% of the equity to DBJ and DBJ will acquire 70% after January 2018. Taking advantage of this opportunity, SII Semiconductor has determined to change its company name for further growth and expansion of its business as a manufacturer specialized in analog semiconductors.
SII Semiconductor continues to strive for enhancing its development function as well as manufacturing capability for semiconductor products featuring low-current consumption, low-voltage operation, and ultra-small package technologies that have been honed in the SII’s well-established history, while promoting M&As, alliances, etc. to be an industry-leading analog semiconductor company on a global basis.
1. New Company Name and Logo
[Name]
ABLIC Inc.
[Logo]
The new company name is ABLIC, a word coined by combining ABLE and an IC (Integrated Circuit), meaning that semiconductor technologies make the impossible possible. The logo is a combination of an arrow pointing upward that expresses growth and a black diamond symbol that expresses an IC. It symbolizes the first initial of the company name, A, and a corporate attitude seeking to develop society as a whole with semiconductors.
2. Date of Changing Company Name
January 5, 2018 (scheduled)
3. Outline of Company
Name: SII Semiconductor Corporation
Capital: 9,250 million yen
Date of establishment: September 28, 2015
Number of employees: 832 (as of March 31, 2017)
Website: http://www.sii-ic.com/en/
View source version on businesswire.com: http://www.businesswire.com/news/home/20170823006128/en/
Online Inquiry: http://krs.bz/sii/m/sii_inquiry_en
Website: http://www.sii.co.jp/en/
Contact
Seiko Instruments Inc.
Nobuo Abe
Corporate Communications
+81-43-211-1111 (Japanese inquiry only)
pr@sii.co.jp
Online Inquiry: https://krs.bz/sii/m/sii_inquiry_en
This news is a press release provided by Seiko Instruments Inc..
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2017년 8월 25일 11:20
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2017년 8월 1일 17:15