Dongbu HiTek Targets the European Semiconductor Market

First European Sales Office Opens in Nice, France with Second One Scheduled to Open in Milan, Italy Later This Year

SEOUL, South Korea--()--Dongbu HiTek today announced it has kicked off its strategy to expand its European presence by opening a sales office in Nice, France with plans to open another in Milan, Italy later this year. The European offices promise to provide the most comprehensive and responsive semiconductor foundry services to European customers while also being instrumental in expanding the Korean company’s customer base in the region, currently numbering about ten customers.

The inaugural office in Nice will be managed by French-born Christophe Bianchi who brings more than 20 years of hands-on high-tech sales, marketing, engineering, and management experience to his new post. “The European region has traditionally been bullish in semiconductors for automobiles and industrial analog semiconductors,” said Jae Song, VP of Analog Foundry Sales & Marketing at Dongbu HiTek. “With Europe commanding about a 20 percent share of the worldwide semiconductor market, Dongbu HiTek’s expanding presence here is well timed to capture new analog and mixed-signal business opportunities especially as the global economy gradually recovers.”

Prior to joining Dongbu HiTek, Bianchi was the managing director of Third Millennium Marketing, a management consultancy with an international client base. Before this he was the global sales director for Cadence Design Systems responsible for Europe’s wireless ecosystem comprising ST Microelectronics, Ericsson and Nokia. Earlier in his career, he was VP of marketing for Simplex Solutions before it was acquired by Cadence Design Systems. Bianchi holds a Ph.D. in Microelectronics plus a Masters Degree in Semiconductor Physics from the National Institute of Applied Sciences – Lyon (France). He also holds an Executive MBA from the University of London – Imperial College (Tanaka Business School).

According to Dongbu HiTek, its sales offices are staffed with technology specialists who provide on-site customer service. The company plans to further expand its global sales network in the near future with offices in Boston, Massachusetts and Osaka, Japan. The overarching goal of this expansion is to build a real-time customer support system that can meet all customer requests around the globe within 24 hours.

About Dongbu HiTek

Headquartered in Seoul, Korea, Dongbu HiTek Co., Ltd. specializes in delivering best-in-class analog and mixed signal semiconductor technologies as well as foundry services that add high value. The company’s specialized IC development and processing portfolio encompasses Analog, BCDMOS, High Voltage CMOS, CMOS RF, CMOS Image Sensor (CIS), Display Driver IC (DDI), and NOR Flash technologies. In addition to processing 200mm wafers at two world-class fabs at nodes ranging from 0.35 microns to 90 nanometers, the company also provides top quality design support (IP and design libraries), prototype development/verification, and packaging/module development. Dongbu HiTek’s stock is publicly traded under 000990 on the Korea Stock Exchange. For more information, visit www.dongbuhitek.com.

Contacts

Dongbu HiTek HQ
Kevin Lee, +82-2-3484-2844
kevin.lee@dongbu.com
or
Dongbu HiTek USA/ Europe
Elizabeth Estrella-Basilio, +1-408-348-7538
elizabeth@crossborderpr.com

Release Summary

Dongbu HiTek Targets the European Semiconductor Market; First European sales office opens in Nice, France with second one scheduled to open in Milan, Italy later this year

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Contacts

Dongbu HiTek HQ
Kevin Lee, +82-2-3484-2844
kevin.lee@dongbu.com
or
Dongbu HiTek USA/ Europe
Elizabeth Estrella-Basilio, +1-408-348-7538
elizabeth@crossborderpr.com