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The
Group places a heavy emphasis in research and
development ("R&D") as we believe
this is the key to success for a technology
company like ours. Resources were directed on to
developing new IC products and building the
Group's capabilities to support its solution-based
business.
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In
2007, Solomon Systech took a major leap with
its business model to offer solution-based
business. On top of offering IC components,
the Group provides solutions to customers
comprising completed reference designs, and
hardware and software for targeted
applications such as mobile digital TV
("MDTV"), personal navigation
device ("PND") and portable media
player ("PMP"), etc. This new
business model will allow fast turnaround of
new end-product designs and speeds up
time-to-market for customers.
To
support this business, the Group expanded
the Display System Business Unit workforce
to over 100 staffs - strong to cover from
system design, IC design, product
engineering to software and hardware
development for end products. To |
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maximize
the cost-effectiveness of our resources and
local expertise, specialized teams of
different technical know-how are located in
our Hong Kong, Singapore and Shenzhen
Technology Centers respectively. |
The
solution-based business has strategic importance
to the Group in providing time-to-market end
product system solution to our customers. It will
enhance our position in the supply chain, create
values for both customers and end users, and
ultimately enlarge our revenue stream.
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