SII Semiconductor Corporation, a subsidiary of Seiko Instruments Inc., that manufactures and sells semiconductors today announced that the company will change its company name to ABLIC Inc. in January 5, 2018.
SII Semiconductor was established in September 2015. Through a joint investment by Development Bank of Japan Inc. 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.