|
|
San Jose, CA, 2005-07-19 - Pericom Semiconductor
Corporation [Nasdaq National Market: PSEM] a worldwide preferred supplier of high-performance integrated circuits and SaRonix frequency control
products, today announced that it has completed its investment in AKER Technology Co., LTD, Taiwan. This investment was announced by press release
on April 19, 2005. This privately negotiated investment of 400 million New Taiwan Dollars (approximately $12.5 million) gives Pericom approximately a
42% interest in AKER, making Pericom AKER's largest shareholder. AKER is traded on the Taiwan OTC Exchange (TWO) under the symbol AKER,
Code 6174.
Alex Hui, President and Chief Executive Officer of Pericom said, "We have had a very successful working relationship
with AKER since our acquisition of SaRonix in October 2003. With our investment in AKER completed, we believe our existing SaRonix frequency control
product line will benefit with increased capacity, lower costs and utilization of AKER's low-cost manufacturing and product development capabilities. We
expect that both companies will benefit from the leveraging of our respective strengths."
Pericom Semiconductor Corporation
(NASDAQ: PSEM) offers customers worldwide the industry's most complete silicon and quartz based solutions for the Computing, Communications, and
Industrial market segments. Our broad portfolio of leading-edge analog, digital, and mixed-signal integrated circuits and SaRonix frequency control
products are essential in the timing, transferring, routing, and translating of high-speed signals as required by today's ever-increasing speed and
bandwidth demanding applications. Company headquarters are in San Jose, California, with design centers and sales offices located globally. www.pericom.com
AKER ,and its subsidiaries eCERA and AZER, are major crystal and frequency
control products manufacturing companies in Taiwan. AKER is the largest SMD (Surface Mount Device) manufacturer in Taiwan with a production
capability of 12 million units per month, and is a major supplier to SaRonix.
|
| |
View All Financial Reports
About Pericom
Pericom Semiconductor Corporation (NASDAQ: PSEM) enables serial connectivity with the industry's most complete solutions for the computing, communications and consumer market segments. Pericom's analog, digital and mixed-signal integrated circuits, along with its SaRonix-eCera frequency control products are essential in the timing, switching, bridging and conditioning of high-speed signals required by today's ever-increasing speed and bandwidth demanding applications. Company headquarters are in San Jose, Calif., with design centers and technical sales and support offices globally.
All trademarks are property of their respective owners.
|
