Dr. Luke Hsieh, Richtek’s President and CEO, comments: “Dialog’s highly integrated power management technologies dovetail well with Richtek’s substantial product portfolio and channel strength in Asia. 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. 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,” commented Dr. Jalal Bagherli, CEO at Dialog Semiconductor.