Solomon Systech Wins Best Market Performance Honour at 2006 China Chip Awards
(Hong Kong – 27 December 2006) – Solomon Systech (International) Limited (“Solomon Systech” or “the Group”; SEHK: 2878) announced that its CSTN LCD driver controller IC (Model: SSD1772) has won the Best Market Performance Award in the inaugural China Chip Awards.
The 2006 China Chip Awards was organized by the Software and Integrated Circuit Promotion Center of the Ministry of Information Industry with support from the Ministry’s Department of Electronic Product Administration and various IC corporations. The objective of the Awards is to encourage communication and cooperation among players in the IC chip production chain, and honour Chinese IC chip enterprises that possess intellectual right-protected IC chips boasting substantial market shares. It aspires to become a communication platform for IC design companies and technology enterprises. Entries are judged mainly on their level of innovation, and market and user acceptance by a panel of industry experts in Mainland China.
Solomon Systech shipped 100 million units of the award winning IC SSD1772, worth a total of US$150 million since its first shipment started in 4th quarter of 2004. The performance was excellent.
The Group’s Managing Director, Mr. Humphrey Leung, said, “We have been devoted to product design and research and development from day one. Winning the award is a great encouragement for us as it represents the Chinese government’s recognition of our efforts over the years and affirms our leadership in the China IC market. As a major global provider of display IC products for mobile phones, we will continue to grow our mobile display business by providing total display solutions that can meet changing market needs and enhancing our IC technology, thereby provide consumers of electronic products more innovative life-enriching applications.”