Nuvoton Officially Becomes Image Sensor Maker

Nuvoton announces that the acquisition of semiconductor business of Panasonic has been completed. Following the completion of the Transfer, the business will be renamed as Nuvoton Technology Corporation Japan.

In the long term, Nuvoton is expected to enhance the technology capabilities, diversify the product line, enlarge its business scopes as well as revenue growth, gain additional market shares and therefore increase its visibility in both Japan and the global market.

In the short term, the acquisition may have a negative impact on Nuvoton's profitability, as per Digitimes quote of Arthur Chiao, chairman for Nuvoton and Winbond.