Friday, June 30, 2006

Pixelplus News

Pixelplus generated two press-releases over the last few days:
First, there is re-org in its Chinese subsidiary (Yahoo-Finance): "Given the Company's weaker-than-expected sales of our products to certain module assembly customers in the first half of 2006, I would like to highlight that strengthening our sales and marketing operations in China and improving the Company's performance in that region represents one of our top priorities," said Dr. S.K. Lee, Chief Executive Officer of Pixelplus.
In addition, it expects to hire a senior sales executive to lead its sales operations at Pixelplus Semiconductor, Inc., the company's subsidiary in Silicon Valley, California, responsible for developing and managing the new and existing CMOS image sensor business in the United States and also in Europe.
Second is the announcement of a new 1/11" CIF image sensor (Yahoo-Finance). PO3010K image sensor incorporates an image signal processing engine. Pixelplus estimates that it will initially supply approximately 200,000 to 300,000 units of the PO3010K image sensors to the Japanese module maker on a monthly basis, with such sales volume expected to increase gradually over the next six to twelve months. It also plans to supply its SXGA 1.3 megapixel CMOS image sensors to the Japanese module maker in the second half of 2006.

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